High Fidelity

SoftwareSeries DSan Francisco, UShighfidelity.io

Latest round

Series D

Last raised

Jun 2018

Total raised

$73M

Investors

9

About High Fidelity

High Fidelity, Inc.Founded in 2013 and headquartered in San Francisco, US, High Fidelity, Inc. is focused on creating advanced audio solutions for virtual environments. The company was co-founded by Philip Rosedale, who previously founded the virtual world platform Second Life.High Fidelity specializes in advanced audio technology designed to enhance virtual communication by creating immersive experiences that simulate the feeling of being physically together. The company’s core offering includes a proprietary audio platform that facilitates natural conversations through spatial audio, allowing users to engage in group voice chats with improved clarity and realism. This technology, developed over eight years, primarily caters to enterprise clients looking to integrate sophisticated audio capabilities into their applications, with significant use cases in sectors such as remote collaboration, virtual events, and social interaction platforms. High Fidelity’s clients include notable companies like Clubhouse, Sine Wave Entertainment Ltd, and Hubbub, indicating a diverse customer base that ranges from startups to large enterprises.High Fidelity operates on a licensing model, where clients pay an annual flat fee per application to access the company's audio technology. This structure allows clients to license the source code, enabling them to customize and adapt the technology to their specific applications. The company offers different licensing tiers that cater to various user needs, from early-stage startups to large-scale enterprises with unique requirements. Revenue streams are generated through direct business-to-business transactions, wherein companies integrate High Fidelity’s audio solutions into their platforms. The predictable annual licensing fee provides a stable revenue base while facilitating long-term partnerships with clients who seek to enhance their audio experiences. The company is expected to focus on expanding its footprint in Europe and Asia, targeting new enterprise clients in these regions by the end of 2023. Additionally, High Fidelity is designing new features aimed at improving integration capabilities for clients, with potential rollouts planned for late 2023.

Who invested in High Fidelity

9 investors across 5 rounds

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Funding rounds

  1. Series D

    Jun 18, 2018

    Amount

    $35M

    Investors

    Locked

  2. Series C

    Nov 23, 2016

    Amount

    $22M

    Investors

    Locked

  3. Series B

    Feb 24, 2015

    Amount

    $11M

    Investors

    Locked

  4. Series A

    Mar 13, 2014

    Amount

    $2.5M

    Investors

    Locked

  5. Series A

    Mar 28, 2013

    Amount

    $2.4M

    Investors

    Locked

Questions about High Fidelity

Who invested in High Fidelity?

High Fidelity has 9 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has High Fidelity raised?

High Fidelity has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did High Fidelity last raise money?

High Fidelity's most recent round on record is a Series D, in Jun 2018.

What does High Fidelity do?

High Fidelity is a software company.

Where is High Fidelity headquartered?

High Fidelity is headquartered in San Francisco, US.

Which VCs invest in companies like High Fidelity?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at High Fidelity's stage. Their profiles are linked below.

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