machine-learning startup niland
Spotify Has Acquired Machine-Learning Startup Niland
While Spotify may still be having a difficult time achieving profitability, the company has the money to continue buying essentially whatever it wants, as the financing and fundraising never seems to stop. In 2016 alone, the powerhouse collected $1 billion in debt financing and another half a billion in a convertible note, and that is to say nothing of the untold millions that weren't revealed in fundraising rounds and the actual revenue brought in by the company on its own.