Posts

Spotify‘s $100 million funding round, which began in February, was just officially reported as finalby AllThingsD. The investment round included DST Global, the Russian investment firm that has also taken big stakes inFacebookand Groupon, as well as funding from Accel and Kleiner Perkins.The funding round gives Europe’s favorite streaming music service a valuation of $1 billion. Spotify’s existing investors include Sean Parker of Napster and Facebook fame, Hong Kong billionaire Li Ka-shing and firms Wellington Partners andNorthzone Ventures....

In what seems to be a move to go head on against Apple’s iTunes,Spotifyis now launching its own music downloads store, adding iPod syncing to its desktop client, and opening up its mobile apps to users of its free service. The new features will be part of the updates to Spotify’s desktop and mobile apps, which will start rolling out to users today. The desktop application now enables iPod syncing that automatically imports MP3 files, as well as iTunes and/or Windows Media Player playlists....

A few weeks ago we wrote aboutDeezer, a Spotify-esque music-streaming service that is due tolaunchin the UK. Whilst an exact date is yet to be set, we can confirm it will be going live during September, plus more details have emerged as to its pricing structure when it hits the UK. Deezer was launched in France by Daniel Marhely back in August 2007, and today it has 20 million users, 6 million unique visitors per month and almost 1....

Spotify has been expanding rapidly as of late,finally launching in the U.S, thenDenmarkand making its service available on a number ofWestern Digital set-top boxes, and has today announced that it has moved further into the people’s living rooms via its new partnership with Boxee. Spotify integration was one of the most requested features from Boxee owners and it seems both companieswere listeningwith the roll out of the service on the popular media streaming device, which will now allow users to watch their favourite TV shows and movies over the Internet, as well as their favourite music....

Spotify has taken another step forward in its expansion plans, today announcing that its music streaming service will now be available to customers in Denmark, solidifying its presence in Europe with the addition of another Scandanavian country. Detailing the news in ablog post, Spotify says that it is “crossing the Øresund straight and bringing a world of music to Denmark”, offering the same three tiered services that it offers to customers worldwide....