Deezer’s CEO Axel Dauchez On Cracking Into The U.S. And Why It’s Not Just Another Spotify

In France, it is the biggest startup funding round ever. Warner Music Group’s owner Access Industries and previous investor Idinvest are investing €100 million ($130 Million) into music streaming startup Deezer. €25 million ($32.6 million) will be used to buy out previous shares. Orange previously had 11 percent of the company and toyed with the idea of an acquisition.

Armed with a fresh $130 million in funding from Warner Music owner Access Industries and Idinvest, music streaming company Deezer has this morning revealed more details on what it plans to do with that cash.

Music streaming may not be making much money right now, but that’s not stopping music streaming hopefuls from trying. The latest development comes from Deezer, which is announcing a series of new services based around its APIs to drive more users to its service.

I always get a warm and fuzzy feeling when two European tech companies cozy up. To that end, TechCrunch has learned that Deezer, the music streaming service which announced ambitious plans for growth today (off the back of a new $130 million funding round), has chosen the U.K.

Deezer, which earlier this year announced a $130 million round of funding to ramp up its music streaming business internationally.

WiMP, the Norwegian music streaming service owned by Aspiro, has announced that it is expanding into Poland, stepping on the toes of European competitor Deezer, the other major player operating in the country. The move also sees WiMP set up a local office in Warsaw, while (impressively) the company has recruited ex-Head of Digital at Universal Music Polska, Adrian Ciepichal, as Polish General Mana

7digital is one of the oldest player in the digital music industry. The London-based company announced today that it has raised $10 million from two public technology companies. Even though the company is already profitable, it plans to expand its open platform strategy to power even more music services.

The music streaming juggernaut that is Spotify continues to gain momentum, although today was possibly more of a gentle acceleration than a turbo charge: today the company quietly launched its service live in Ireland and Luxembourg — two markets that may not be known for being music streaming powerhouses but are significant all the same for filling out the startup’s European footprint.

Today news broke that Spotify was halting its music download service in favor of pushing more of its streaming services — raising some questions about how well downloads are doing compared to streaming music.