Wednesday, December 3, 2014

Sonos Raises $130M In New Funding

Santa Barbara-based whole home music system maker Sonos has raised $130M in a new funding round, according to a regulatory filing from the firm. No details of the funding have yet been announced by the company. According to the filing, eight investors participated in the new funding for the company. Sonos has previously raised funding from BV Capital, Elevation Partners, Index Ventures, Kohlberg Kravis Roberts & Co., and Redpoint Ventures. The company last raised a round worth $135M in 2012. Sonos develops very user friendly, whole home speakers and audio products which also very easily connect with streaming music services. More information »

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