Investors in this latest round for the Swedish streaming and subscription service are said to include DST, Kleiner Perkins and Accel.

This comes as the company closes in on deals to launch possibly as early as next month in the US. According to reports, three of the majors have finally licensed to the service and discussions with Warner Music are reaching a head.

The news follows Pandora launching its IPO in the US last week, opening with a market valuation ...