Tech Company Financing Transactions
STEP Labs Funding Round
STEP Labs closed a $997 thousand investment round on 12/31/2008. Backers included Gabriel Venture Partners.
Transaction Overview
Company Name
Announced On
12/31/2008
Transaction Type
Venture Equity
Amount
$997,000
Round
Undisclosed
Investors
Gabriel Venture Partners (Scott Chou)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Out of Business
Industry
Electronics
Mailing Address
2367 Bering Drive
San Jose, CA 95131
USA
San Jose, CA 95131
USA
Phone
Website
Email Address
Overview
STEP Labs is venture-backed, Silicon Valley-based acoustic software company whose technology produces crystal-clear voice communications even in the noisiest environments. Unlike traditional noise cancelation technologies, STEP's patented technology uses an understanding of the physics of sound wave propagation to isolate voice from ambient noise.
Management Team
Title
Name
Email & Social
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