Music company Spotify is buying the Echo Nest to add more music curation tools.

Somerville, Mass.-based Echo Nest is a music intelligence company that provides information about music content and music fans. The company will remain headquartered in Somerville, with an office in San Francisco. The target has $26.5 million in venture capital backing from Commonwealth Capital Ventures, Matrix Partners and Norwest Venture Partners.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.