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Wednesday, June 29, 2022

Latvia’s Sonarworks raises $6 mln

Sonarworks, the maker of precision audio software, said it has closed a $6 million funding round, which was led by Almaz Capital, to help fund the expansion of Sonarworks’ machine learning audio technology integration with consumer electronics devices globally.    

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The company said it would use the additional funding to expand internationally to the U.S. and now Asia, actively inviting tech innovators with a passion for audio and audio engineering to join their ever-growing team.

Joining a hypergrowth company like Sonarworks offers exciting career opportunities and the ability to be a part of a fast-scaling company changing the music industry, it said.

With its rapid growth, Sonarworks is prepared to deliver on its mission to bring next-level consumer audio technology to more than 1 billion devices globally.

“The pandemic showed us that great audio and video technology are basic needs in the modern world. According to our research, we have found that people vary greatly in how they perceive sound and there is no one-size-fits-all solution for audio,” said Helmuts Bems, Co-founder and CEO of Sonarworks.

Sonarworks said investors in the round included Karma Ventures, Trind Ventures, Proks Capital, Smart Growth VC, LLC., Wiser Financial Advisors OÜ, and angel investors Cesar Lamschtein and Victor Yun. 

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Tarmo Virki
Tarmo Virki
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