Recently announced, Sonarworks has just secured 5 Million Euro in Series A Financing. The new financing follows an earlier investment of 1.3 million Euro and enables the company to pursue its mission of delivering the ultimate sound experience on any device. The financing was co-led by Karma Ventures (Estonia) and Practica Capital (Lithuania), with participation from Revo Capital (Turkey), SuperAngel (Estonia), ProksCapital and Imprimatur (Latvia).
Sonarworks, is a global leader in digital sound calibration technologies with customers in over 170 countries. The new financing allows the company to accelerate time-to-market and the development of its cutting edge sound calibration and personalization consumer products. It also allows the company to increase its market presence in key regions, with the goal of driving revenue past the 10M EUR mark within two years.
Sonarworks has a database of more than 10,000 measured sound devices and a unique set of AI-based technologies to precisely map individual hearing and sound preferences. By combining digital adjustment of the sound device and individual hearing, the company will be able to deliver a personalized sound experience for every individual on every device.
Sonarworks’ technology empowers content creators and consumers to hear audio in the most truthful way possible, and in an accurate representation of the original artistic intent, delivering the studio sound personalized to each individual is the way to go.
For more information on Sonarworks, please visit http://www.sonarworks.com.
Sonarworks was founded in 2012 when two music lovers met a scientist and embarked on a mission to deliver the ultimate sound experience for anyone creating or listening to music. Sonarworks is the leading sound calibration company in the sound recording industry. The company’s technology is in use by more than 30,000 recording studios worldwide, including more than 35 Grammy winners who enjoy and endorse Sonarworks. Now we are on a mission to take this even further – deliver the ultimate sound experience to all music listeners, regardless of the device used, be it headphones, speakers, or car stereo.