What is Audible Magic?
Founded in 1999 and headquartered in Los Gatos, California, Audible Magic specializes in providing advanced content identification services. Its technology is crucial for social networks, record labels, music publishers, television studios, and movie studios, enabling them to manage and track digital media assets effectively. The company's long-standing operations suggest a mature business model within the digital rights management and content verification space.
How much funding has Audible Magic raised?
Audible Magic has raised a total of $8.7M across 3 funding rounds:
Private Equity
$1.3M
Private Equity
$6.4M
Debt
$1M
Private Equity (2009): $1.3M with participation from Tierra Del Oro
Private Equity (2015): $6.4M, investors not publicly disclosed
Debt (2020): $1M supported by PPP
Key Investors in Audible Magic
Tierra Del Oro
Tierra del Oro, LLC is a seed venture capital fund that focuses on technology investments, particularly in the internet, software, and telecommunications markets. With a commitment of $30 million, the fund aims to support early-stage technology companies.
What's next for Audible Magic?
With the recent injection of capital, Audible Magic is poised to further enhance its content identification technologies and expand its service offerings. The strategic nature of the latest investment indicates a focus on deepening partnerships within the media and entertainment industries, potentially leading to new applications for its core technology. This backing will likely fuel innovation and solidify its position as a key player in combating content piracy and ensuring proper attribution in the digital realm.
See full Audible Magic company page
