Todd Spangler NY Digital EditorSpotify will roll its own rival to the buzzy Clubhouse live-audio chat app — saying it will launch a range of new live and interactive programming in the next few months.Spotify announced the acquisition of Betty Labs, the creators of Locker Room, a live audio app focused on sports talk.Terms of the deal were not disclosed.
Spotify’s deal values Betty Labs at around $50 million, the Wall Street Journal reported. Founded in 2018, Betty Labs had raised $9.3 million, according to Crunchbase.
Investors included Amazon’s Alexa Fund, Google Ventures, Lightspeed Venture Partners and Precursor Ventures.Betty Labs first launched Locker Room for sports fans in October 2020.
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