Global streaming company Spotify has bought Irish music startup Soundwave for an undisclosed sum.

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After a year of users "screaming" for an instant messaging function to aid their musical discoveries, the founders of Irish-based music app, Soundwave have given the people what they want.

An Irish music discovery company, founded after seeing a Swedish girl walk into a lamppost, believes they are on the same growth trajectory that led to Twitter and Instagram’s multi-billion-dollar successes.

An endorsement from Stephen Fry and Apple founder Steve Wozniak was music to the ears of Irish company Soundwave, which launched its social music app yesterday.