Believe Digital has received $60m growth capital investment from Technology Crossover Ventures (TCV) and XAnge.
TCV is a serial investor in digital and content companies, whose previous bets include Vice Media, for whom it led a $250m round of funding in September 2014.
Its most notorious investment, though, came in November 2013, when it led another $250m round of funding – this time in Spotify.
Well, not just ‘led': reports suggest it was entirely responsible for the cash injection, used to fuel Spotify’s crucial global expansion in its quest for dominance.
TCV General Partner John Rosenberg (pictured) will now join Believe Digital’s Board of Directors.