> ## Content Index
> Fetch the complete content index at: https://www.hypebot.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Spotify Raises Another $250 Million At $4 Billion Valuation
- URL: https://www.hypebot.com/spotify-raises-another-250-million-at-4-billion-valuation/
- Published: 2013-11-21T15:52:06.000Z
- Updated: 2013-11-21T15:52:06.000Z
- Description: Spotify has raised another $250 million in a new funding round led by Silicon Valley firm Technology Crossover Ventures. Investors are now placing the valuation of the music streamer somewhere. Continue reading [https://www.hypebot.com/hypebot/2013/11/spotify-raises-another-250-million-at-4-billion
- Author: Bruce Houghton
- Tags: Music Business, Music Tech, Startups & Funding, Streaming, Deezer, Goldman Sachs, Pandora Radio, Silicon Valley, Spotify, Streaming media, Technology Crossover Ventures, Wall Street Journal, #wp, #wp-post, #Import 2026-01-21 10:43

[![image from www.hypebot.com](http://hypebot.typepad.com/.a/6a00d83451b36c69e2019b0171826e970b-150wi "image from www.hypebot.com")](http://hypebot.typepad.com/.a/6a00d83451b36c69e2019b0171826e970b-popup?ref=hypebot.com)

Spotify has raised another $250 million in a new funding round led by Silicon Valley firm Technology Crossover Ventures. Investors are now placing the valuation of the music streamer somewhere "north" of $4 billion, multiple sources familiar with the deal tell the Wall Street Journal.

Previous Spotify funding rounds from 2008-2012 total $288 million, with Goldman Sachs and Klein Perkins in for $100 million each. At $4 billion, Spotify's valuation is nearing Pandora's public market capitalization, according to the [WSJ](http://online.wsj.com/news/article%5Femail/SB10001424052702304791704579212152163448852-lMyQjAxMTAzMDIwMTEyNDEyWj?ref=hypebot.com). Pandora, which reports fourth-quarter earnings this afternoon, is valued at about $5.7 billion.

The new funds will be used to fuel global growth in the increasingly competitive streaming music market. Just today Deezer, Spotify's closest competitor in Europe, confirmed that it will [enter the U.S. market](https://www.hypebot.com/confirmed-deezer-to-launch-in-us/) in 2014.

Related articles

[![](http://i.zemanta.com/82294733_80_80.jpg)](https://www.hypebot.com/spotify-extends-free-listening-in-us/)[Spotify Extends Free Listening In U.S.](https://www.hypebot.com/spotify-extends-free-listening-in-us/)

[![](http://i.zemanta.com/218974040_80_80.jpg)](https://www.hypebot.com/hypebot/2013/11/spotify-closing-in-on-200-million-new-funding-from-tcv-.html)[Spotify Closing In On $200 Million New Funding From Technology Crossover Ventures](https://www.hypebot.com/hypebot/2013/11/spotify-closing-in-on-200-million-new-funding-from-tcv-.html)

[![](http://i.zemanta.com/125127500_80_80.jpg)](https://www.hypebot.com/hypebot/2012/11/spotify-to-grab-100-million-additional-financing-on-3-billion-valuation-.html)[Spotify To Grab $100 Million Additional Financing On $3 Billion Valuation](https://www.hypebot.com/hypebot/2012/11/spotify-to-grab-100-million-additional-financing-on-3-billion-valuation-.html)

[![](http://i.zemanta.com/81544568_80_80.jpg)](https://www.hypebot.com/spotify-chasing-major-financing-round-but-will-investors-bite/)[Spotify Chasing Major Financing Round, But Will Investors Bite?](https://www.hypebot.com/spotify-chasing-major-financing-round-but-will-investors-bite/)

[![Enhanced by Zemanta](http://img.zemanta.com/zemified_h.png?x-id=087b897d-15b0-45e3-8843-87db0e6c943e)](http://www.zemanta.com/?px&ref=hypebot.com "Enhanced by Zemanta")