Sierra Sound Secures New Funding Round
2008-07-15 10:00:00
Maker of Award-Winning “Made-for-iPod”
Speakers Gains Second RoundOf Funds to Launch Additions to
Smart Speaker Family
EL DORADO HILLS, Calif.–(EMWNews)–Sierra Sound, a leader in Smart consumer electronics audio
solutions that bridge existing high-end sound designs with today’s
cutting edge technology, today announced that the company will receive
its second round of funding from investors located in the Greater Bay
and Sacramento Valley area.
“Our iN Studio 5.0 speakers have been
recognized as a leading-edge product for today’s
electronics consumers,” said Lamar Green,
President of Sierra Sound, LLC. “With this new
round of funding, Sierra Sound will expand on the family of smart
speakers that started with the iNStudio 5.0.”
“Sierra Sound represents an impressive local
company with great potential,” said Pete
Bernadoni, Partner of Technology Funding, a principle investor. “Their
innovative product ideas are truly indicative of what the current
consumer market is looking for.”
“Sierra Sound has built a profitable business
with a unique multinational company infrastructure,”
said Michael Foos, Partner at B2B CFO, also a Sierra Sound investor. “They
have focused their efforts on the development and marketing of their
acclaimed Smart sound systems while outsourcing all of the other
company functions.
Sierra Sound announced that the company intends to use the capital
raised to support marketing and sales efforts aimed at launching new
additions to the Smart Speaker family. The company’s
iNStudio 5.0 is the flagship of that product line, which is unique in
its ability to bridge the gap between traditional audiophile speakers
and new portable speakers for digital music players by integrating a
large amount of functionality into a product that also produces a
surprisingly beautiful sound.
iNStudio 5.0 smart speakers are currently available from www.sierrasound.com,
www.amazon.com, www.pcmall.com,
(J&R Electronics), as well as a number of other audio retailers. MSRP
for a set of iNStudio 5.0 smart speakers is $299.
About Sierra Sound
Sierra Sound was founded in 2007 and is headquartered in El Dorado
Hills, California. The company’s mission is
to bring to market Smart Speaker Systems that fully leverage the
capabilities of digital music systems. All Sierra Sound systems include
built-in amplifiers and integrated iPod docks.
Sierra Sound Moore |
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