Sonarworks Announces $6M Funding Round to Scale SoundID Licensing Business

Sonarworks, the company behind the studio monitor and headphone equalization software SoundID Reference (previously known as Sonarworks Reference), has closed a $6M funding round to expand the licensing strategy of its SoundID personalized audio enhancement software. The round will help fund the expansion of Sonarworks’ machine learning audio technology integration with consumer electronics devices globally as it also expands to Asia.

Ora Sound Graphene, the Canadian company that is the world's first commercial producer of free-standing graphene membranes for speaker drivers, announced the closing of its $3 million Seed financing round today. The deal was led by Ecofuel Fund along with Export Development Canada (EDC), BDC Capital and certain members of New York Angels. Existing investors TandemLaunch, and BoxOne Ventures also participated in the round.