Om Malik: Sonos gets $45 million in new cash, adds biggies to its board
by Volker Weber
Sonos, a Santa Barbara, Calif-based company that makes networked connected music hardware, has raised a $45 million in new investment and has expanded its board to add some heavyweights. The new investors in the company include Kohlberg, Kravis & Roberts (KKR), Elevation Partners and Redpoint Ventures. Index Ventures, which is an existing investor, did not participate in this round.
The company also executed $90 million in secondary financing. The secondary financing allows existing investor BV Capital and other shareholders such as employees, founders and angel investors to cash in their chips.
Comments
Recent comments
Volker Weber on A week with the Q10 at 01:28
Torben Volkmann on A week with the Q10 at 21:01
Oscar Toft on Barracuda Networks launches a 'Dropbox Killer' at 01:08
Frank Moser on Fifty Five at 08:46
Tim Franz on Time for a new Lumia at 10:27
Andrew Magerman on Fifty Five at 09:55
Joris Bos on Time for a new Lumia at 09:34
Bob Balaban on Fifty Five at 17:04
Felix Binsack on Hallo Samsung at 10:49
Detlev Buschkamp on Fifty Five at 15:20
Joerg Hochwald on Fifty Five at 13:09
Wolfgang Hilpert on Fifty Five at 11:21
Karsten Ernst on Fifty Five at 11:12
Dirk Steins on Fifty Five at 10:45
Hans Bornich on Fifty Five at 07:48
Volker Weber on Time for a new Lumia at 07:47
Ryan Partlow on Fifty Five at 23:49
Volker Berding on Fifty Five at 23:48
Matthias Röder on Fifty Five at 22:54
Heiko Müller on Fifty Five at 19:00
John Ash on Fifty Five at 17:19
Stefanie Wörtche on Fifty Five at 17:10
John Roling on Fifty Five at 16:52
Martin Wettstein on Fifty Five at 16:36
Torsten Hoffmann on Fifty Five at 16:09
Click here to subscribe
