Overview

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Status
Acquired by on May 28, 2014
Total Equity Funding
$800M in 2 Rounds from 2 Investors
Headquarters:
Santa Monica, CA
Description:
Beats Electronics offers premium consumer headphones, earphones and speakers, software technology and streaming music subscription services.
Founders:
,
Categories:
Media and Entertainment, Consumer Electronics, Hardware, Software, Music
Website:
http://beatsbydre.com
Social:

Company Details

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Founded:
2006
Aliases:
Beats
Employees:
8 in Crunchbase

Established in 2006 as the brainchild of legendary artist and producer Dr. Dre and Chairman of Interscope Geffen A&M Records Jimmy Iovine, Beats Electronics provides a premium sound experience at every touch point of the consumer’s life. It is the parent company of the Beats™ by Dr. Dre™ line of high-quality headphones, Beats Audio™ HD-sound systems, and the MOG digital music service.

The company's mission is to provide a superior end-to-end music experience - with headphones, devices and services - so fans feel the emotion and hear the music the way artists intended it to sound from the studio. This experience is aided by partnerships with HP, Chrysler Group and HTC Mobile. Led by Co-Founder & CEO Jimmy Iovine, Co-Founder Dr. Dre, and President Luke Wood, Beats Electronics is based in Santa Monica, CA.

NEWS & EVENTSBeats Electronics is the brainchild of legendary artist and producer Dr. Dre and Jimmy Iovine, Chairman of Interscope Geffen A&M Records, who set out to develop a new type of headphone with the capability to reproduce the full spectrum of sound that musical artists and producers hear in professional recording studios.

Funding Rounds (2) - $800M

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DateAmount / RoundValuationLead InvestorInvestors
Sep, 2013$500M / Private Equity1
Aug, 2011$300M / Venture1

Investors (2)

InvestorRound(s)Partner(s)
Venture (Lead)-
Private Equity (Lead)-

Current Team (8)

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Products (3)

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Sub Organizations (1)

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Offices/Locations (1)

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  • Headquarters

    1601 Cloverfield Boulevard

    5000n

    Santa Monica, CA 90404

    USA

Images (1)

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