Music streaming service Spotify is reportedly raising more money at a valuation of $5.27 billion. “To put this valuation in context, last November the company had an estimated value of $3
billion around the time that it closed a $100 million round,” TechCrunch writes. “About half of that last round came from Goldman Sachs, with Coca Cola taking 10% and Fidelity 15%.”
So far, Spotify has raised $288 million.
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