CrunchBase is hiring! Check out our open positions →
Register | Login or

General Information

Websitespotify.com
Blogspotify.com/blog
Twitter@spotify
CategoryGames, Video and Entertainment
Phone0709821244
Email
Employees200
Founded12/09
DescriptionMusic streaming

Offices

Show All Offices

People

Co-founder
Chief Acquisition & Retention Officer
Chief Content Officer & Managing Director, North America
VP Product
VP, Marketing & Communications
Co-founder
Head of Premium Sales
Board Member
Show All People

Former People

SVP, Strategic Partnerships
Designer
CTO
Show All Former People

Funding

TOTAL $189M
VENTURE FUNDING TOTAL $189M
Series A, 10/08
Creandum
Northzone
Li Ka-shing
$21.6M
Series B, 8/09
Wellington Partners
Li Ka-shing
$50M
Series C, 2/10
Sean Parker
Founders Fund
€11.6M
Venture Round, 6/11
Kleiner Perkins Caufield & Byers
Accel Partners
Digital Sky Technologies
$100M

Competitors

Tags

music-streaming, streaming, music, cloud

Spotify

Spotify has created a lightweight software application that allows instant listening to specific tracks or albums with virtually no buffering delay. It was launched in the fall of 2008 and had approximately 10 million users by September 2010.

Spotify offers streaming music from major and independent record labels including Sony, EMI, Warner Music Group, and Universal. Users download Spotify and then log onto their service enabling the on-demand streaming of music. Music can be browsed by artist, album, record label, genre or playlist as well as by direct searches.

Users can register either for free accounts supported by visual and radio-style advertising or for paid subscriptions without ads and with a range of extra features such as higher bitrate streams and offline access to music.

A paid “Premium” subscription is required to use Spotify on mobile devices.

Milestones

Videos

Screenshots

Spotify screenshot
Above: spotify
Uploaded: 10/2/09

Traffic Analytics

Quantcast

Livegraph

Compete

Spotify

Sources

  1. Capital Report Index [edit]
  2. Spotify seals $50m funding while awaiting iPhone approval (mobile-ent.biz) [edit]
  3. TechCrunch (techcrunch.com) [edit]
  4. Euro Music Service Spotify Raises $100M at $1B+ Valuation (thealarmclock.com) [edit]
  5. Sources: Spotify Takes Investment From Sean Parker At Founders Fund (techcrunch.com) [edit]
    DST About To Lead Huge Spotify Funding (techcrunch.com) [edit]
    Spotify’s 1 Million Milestone (paidcontent.org) [edit]
    Spotify Announcing US Launch; Closing European Service To Fund It (techcrunch.com) [edit]
    Spotify U.S. Launch: Revolutionary or Just Another Music Streaming Service? (abcnews.go.com) [edit]
    Now With 2.5 Million Customers, Spotify Tries Patenting Itself (paidcontent.org) [edit]
    New round could make Spotify sing for a $3.5B valuation (venturebeat.com) [edit]
    Spotify is pressing play on a new $220M round at a $4B valuation (venturebeat.com) [edit]
Edit This Page
Last Edited 5/17/12

Revision History RSS Picture

Sharing

Share this page on Twitter or Facebook:
Or copy this code to embed a widget: customize »

TechCrunch Posts TechCrunch Logo Small Picture

Techmeme Posts Techmeme Logo Small Picture

External Links

CrunchBase API

Sponsors



Become a Sponsor
Terms of Service | Privacy Policy | Licensing Policy