Spotify is reportedly in the process of raising $500 million in funding, a move that could open up new avenues for expansion, though delay its plans to go public. Citing sources, both The Wall Street Journal and Financial Times say that the streaming music company has hired Goldman Sachs to help it raise the funds, which would value it at around $7 billion. The round would be Spotify's biggest yet, following the $250 million it raised in November 2013 led by venture capital firm Technology Crossover Ventures.
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