funding thumb1 Spotify has its spots set at raising close to $50 Million in funding

SpinVox isn’t the only lucky one out there to bag funds as Spotify comes close to raising an even healthier round. The streaming music app has raised close to $33 Million in its current round of funding and reports state that its overall investment could be climb to $50 Million. We have no confirmation on the investors but its highly likely that the funds came in from Hong Kong based investor, Li Ka Shing Foundation and Wellington Partners.