The round was co-led by Rally Ventures out of Menlo Park, and Grotech Ventures out of D.C., with participation from Correlation Ventures and prior investors including Point Nine Capital, Middleland Capital, Bull City Venture Partners, and real estate influencer Tom Ferry. (tech.co)
The Series C round was led by prior investors, Accel Partners, Greycroft Partners, Burch Creative Capital and Aspect Ventures, but also includes new investors who will bring expertise in international expansions and large - scale operations, the company says. (aspectventures.com)
Spotify's unusual public stock debut left out many of the usual IPO terms, including a lock up agreement preventing prior investors from selling their shares right away. (fortune.com)