Spotify is a commercial music streaming service that provides restricted digital content from a range of record labels and artists. Users can browse through the interface by artist, album, genre, playlist, record label, and direct searches.
It also enables individuals to create, share, and edit playlists with other users. If users want recommendations, they can integrate their system with Last.fm, an application that provides music recommendations based on listening history. The radio feature installed in Spotify creates random playlists for its users that are related to preferred artists.
Social media integration is a popular feature that enables users to connect their Spotify accounts to their Facebook and Twitter profiles. This enables them to access their friends’ favorite music and playlists and share their choices with others as well. Spotify users can purchase their preferred content through partner retailers.
Spotify is available for mobile device platforms such as Android, Blackberry, Boxee, iOS, Linux, MeeGo, Squeezebox, Windows mobile, and more.
Funding Rounds (13) - $2.56BUpdate
|Date||Amount / Round||Valuation||Lead Investor||Investors|
|Mar, 2016||$1B / Debt Financing||—||—||2|
|Jan, 2016||$500M / Convertible Note||—||—||0|
|Aug, 2015||undisclosed amount / Secondary Market||—||—||2|
|Jun, 2015||$526M / Series G||—||—||14|
|Nov, 2014||undisclosed amount / Secondary Market||—||—||2|
|Jan, 2014||undisclosed amount / Secondary Market||—||—||1|
|Nov, 2013||$250M / Series F||$4B||Technology Crossover Ventures (TCV)||1|
|Nov, 2012||$100M / Series E||—||Goldman Sachs||6|
|Jan, 2012||undisclosed amount / Secondary Market||—||—||1|
|Jun, 2011||$100M / Series D||—||Accel Partners||3|
|Feb, 2010||€11.6M / Series C||—||Founders Fund||2|
|Aug, 2009||$50M / Series B||—||Horizons Ventures||3|
|Oct, 2008||$21.64M / Series A||—||—||4|
Current Team (65)Update
Fan Insights gives artists and their managers exclusive data about their audiences, including demographics, location, and listening counts.
Spotiamp is an application allowing users to play the playlists on their Spotify Premium accounts by combining the classic Winamp interface.
Spotify presents party-ready playlists mixed by exclusive DJs and tuned by users.
|Sep 23, 2016||PC World - Following Pandora, iHeartRadio reveals new premium radio and on-demand music streaming|
|Sep 22, 2016||Sydney Morning Herlad - How Google, Amazon and Starbucks and other famous companies got their names|
|Sep 22, 2016||Houston Chronical - To reach millennials, Clinton reserves digital ad time|
|Sep 22, 2016||Business Wire - USA TODAY NETWORK Launches 'Voting Because' to Empower Voters|
|Sep 21, 2016||Calgary Sun - Tinder matches with Spotify to add music to dating app|
|Sep 20, 2016||TechCrunch - Tinder taps Spotify to let you add music to your profile|
|Sep 19, 2016||NeoWin - Honor 8 review: A $399 smartphone that aims to disrupt high priced tradition|
|Sep 16, 2016||TechCrunch - Spotify will launch its streaming service in Japan this month|
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