Facing Competition From Apple, Spotify Closes Funding Round, Valued Over $8 Billion — Design News

By Tara Bellucci

Music streaming service Spotify raised $526 million in its latest funding round that closed this week. The company, which is aiming to boost subscribers before Apple Music, announced this week at WWDC, gains traction and expands offerings, is now valued at over $8 billion.

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Source:: http://feeds.apartmenttherapy.com/~r/apartmenttherapy/main/~3/JL8CT6sz2Qo/facing-competition-from-apple-spotify-closes-funding-round-valued-over-8-billion-design-news-220517

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