Music streaming specialist seeking more coal to fuel its considerably popular fires.
The Sunday Times reports that the site is hoping for a total valuation of £200 million so that it can raise £20-30 million from the investment community.
Spotify has made its name from streaming music to desktop computers, based on both ad-funded and premium subscription models.
It is also thought to be developing solutions for various mobile platforms.
It currently has 2 million users in the UK, with The Sunday Times pointing out that if Spotify does indeed manage to get valued at £200 million it would have trebled its value since it sold a £13 million stake last autumn.
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