Spotify Is Raising Another $500M In Convertible Notes With Discounts On IPO Shares

Spotify Is Raising Another $500M In Convertible Notes With Discounts On IPO Shares

Screen Shot 2014-05-21 at 11.19.55 AM A week after streaming music company Deezer announced that it had raised another $ 109 million from existing investors, news has leaked out that its bigger rival Spotify is raising again, too. The Stockholm-based company whose music streaming service works in 58 countries is seeking to pick up an extra $ 500 million from investors in the form of convertible notes, according to a report in… Read More
Fundings & Exits – TechCrunch

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