Tech Company Financing Transactions
iZotope Funding Round
iZotope secured a $7.5 million Series B funding round on 6/23/2016. Backers included ABS Capital Partners and private investors.
Transaction Overview
Company Name
Announced On
6/23/2016
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$7,500,000
Round
Series B
Investors
ABS Capital Partners (Lead Investor) (Laura Witt)
Proceeds Purpose
The funds will be used to support the company's continued growth and to accelerate the launch of a groundbreaking new offering. The new product line taps into the potential of modern technologies to enhance the creative experience, providing musicians with unique hardware, mobile and cloud-enabled features not currently available in the market.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
60 Hampshire St.
Cambridge, MA 02139
USA
Cambridge, MA 02139
USA
Phone
Website
Email Address
Overview
Driven by a passion for audio, iZotope develops innovative products that inspire and enable people to be creative. Based in Cambridge, Massachusetts, the iZotope team has spent over 15 years developing award-winning audio production tools found in professional facilities and home studios alike.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mark Ethier
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