GV exited the voice messaging app developer, which had raised $1.8m in 2014, and which Spotify acquired alongside Ireland-based social network Soundwave.
Music streaming company Spotify has acquired US-based voice messaging technology startup Cord Project, providing an exit for GV, the corporate venturing subsidiary of conglomerate Alphabet that was previously known as Google Ventures.
Cord Project’s core product was Cord, a one-tap voice messaging platform for mobile devices, which had more than a million users. The company will build a new product group under Spotify’s auspices that will look to develop content experiences.
Metamorphic Ventures and Lerer Hippeau Ventures co-led a…
