Successful CMOs achieve growth by leveraging technology. Join us for GrowthBeat Summit on June 1-2 in Boston
, where we'll discuss how to merge creativity with technology to drive growth. Space is limited. Request your personal invitation here
Streaming music powerhouse Spotify has acquired playlist and song discovery application Tunigo, which will help Spotify bring in more employees that can improve discovery.
Tunigo offers several music discovery features and playlists for any activity you might want to do. It has its own Spotify app, which has been in the top 10 app list since the Spotify app platform launched. It also has iPhone and Android apps.
“Tunigo helps users find great music for every moment, and we’ve been working very closely with Spotify over the past few years,” Tunigo CEO Nick Holmstén said in a statement. “This is the perfect match from a music discovery perspective. We’re passionate about music and technology and looking forward to further innovating within the music discovery space.”
The terms of the acquisition were not revealed, although Tunigo had reportedly raised about $3 million in funding. Spotify told us that Tunigo’s app will remain inside Spotify and that its team will move to Spotify’s offices in Stockholm and New York.
Photo via Tunigo