iZotope is a Cambridge, MA-based company founded in 2001 that develops tools for audio production, including solutions for audio creation, repair, mixing and mastering. Its product portfolio includes software plug-ins and recently launched VocalSynth, which combines four vocal engines (Vocoder, Polyvoice, Compuvox and Talkbox) with specialized vocal effects and pitch correction. The company plans to accelerate the launch of a new product line that leverages new technologies to enhance the creative experience. That new line is described as delivering advanced hardware, mobile and cloud-enabled tools for musicians. iZotope has raised venture capital to fund these plans and reported a mix of equity and debt financing in its most recent raise. The company is led by founder and CEO Mark Ethier. iZotope develops audio technology products and software for professionals and hobbyists, including tools for audio creation, repair, mixing and mastering. Its products are sold directly online and through retail channels such as Guitar Center, and it also licenses technologies to partners. Through licensing programs it powers products from Adobe, Avid, Microsoft and Sony, as well as some mobile phone applications. The company lists clients ranging from artists (Depeche Mode, Garbage, Skrillex, Wu-Tang Clan) to broadcast uses (CBS’s Survivor, Discovery Channel’s Deadliest Catch, the World Cup broadcast and the GRAMMY awards). Founded in 2001 and based in Cambridge, Massachusetts, iZotope intends to use new funding to develop new products, expand markets and increase sales and marketing efforts. The company recently received a $12M equity investment from ABS Capital Partners, which informs its current financing position.

Total raised

$20M

Funding rounds

3

Latest round

Debt Financing

Latest activity

Jun 2016