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 a diverse clientele, including social networks, record labels, music publishers, television studios, and movie studios, enabling them to manage and track digital media effectively. The company's longevity and the nature of its services suggest a mature business model focused on B2B solutions within the media and technology landscape.
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. The fund has committed capital of $30 million.
What's next for Audible Magic?
The recent major strategic investment indicates Audible Magic is poised for further expansion or enhancement of its core services. Given its enterprise-level funding context, this capital infusion is likely to support scaling operations, technological advancements in content recognition, or strategic partnerships. The company's focus on intellectual property protection and content management positions it to capitalize on the increasing volume of digital media being created and distributed globally.
See full Audible Magic company page
