Spotify joins Billion Dollar Club with $100 Million Investment

Spotify is now in fast forward mode. For years Spotify, provider of an all you can eat streaming music service, was only available in a select European countries. Spotify has now joined the startups that have a valuation of a Billion Dollars or more. According to AllThingsD, Spotify raised $100 million from DST, Kleiner Perkins and Accel. These VCs do not invest if Spotify is not basically ready to launch in the United States. The high profile investment also gives the rumor that Spotify will be available on Facebook a lot more credibility.

If Spotify gets distributed through the Facebook platform it will be able to bother Apple and Amazon.

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