Dirac Research Closes $13.2M Round of Financing
By securing a new round of financing, Dirac is looking to create new intelligent and adaptive audio processing solutions.
Today, Swedish sound company Dirac Research announced the completion of a new $13.2 million round of financing led by current investors. Investment proceeds are planned to be used to create new intelligent audio solutions for companies in need of entire digital processing chains.
“As consumer devices decrease in size and expand in complexity, digital signal processing is the key to unlocking their full audio potential and creating premium sound experiences,” says Dirac CEO Mathias Johansson.
“With this new funding, we can take our approach to digitizing sound systems even further – creating more intelligent and adaptive audio processing solutions that establish new standards in both audio playback and capture across a variety of applications.”
“In doing so, we establish ourselves as the industry’s leading one-stop-shop for an entire premium digital audio chain and provide customers with the best possible sound experience for every use case,” says Johansson.
To manage the expanding scope of product development initiatives, Dirac has appointed former Harman International senior VP of research & development Armin Prommersberger as CTO. Dirac has also opened a Copenhagen-based Research & Development Center.
“The 5G network will deliver a new level of global connectivity, creating new use cases for our current and emerging technologies; autonomous driving will transform the vehicle from a transportation device to a mobile home theater or conference room; AI will infuse true intelligence into all of our devices,” remarks Johansson.
“However, as dramatically as the world will soon change, intelligent audio solutions – such as those pioneered by Dirac – will be at the core of all of these new technology experiences.”
“With this new round of funding, combined with Armin’s appointment and the opening of the Copenhagen R&D Center, Dirac is firmly positioned to lead in the development of end-to-end digital signal processing technologies that will power the devices of today and tomorrow,” says Johansson.
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