The Business

Founded by Daniel Ek in Stockholm in June 2006, Spotify is changing the way artists distribute music, and the way the world listens to it. Early on, the company focused on its all-you-can-eat subscription, web and mobile players and fun forms of curation to differentiate its model of universal music access. Today Spotify's service has more than 60 million active subscribers and 15 million paying users.

The Partnership

Accel significantly participated in Spotify's June 2011 financing and has helped the company grow into an international business.