Akustica

Akustica

Designs, develops, and manufactures high-performance MEMS microphone products for the consumer electronics and IoT markets. Learn more

Launch date
Market cap
-
Enterprise valuation
€44—65m (Dealroom.co estimates Jan 2007.)
Pittsburgh Pennsylvania (HQ)
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DateInvestorsAmountRound

N/A

Spinout

$2.3m

Series A

$4.5m

Series A

$8.0m

Series B

$15.0m

Series B

N/A

Acquisition

$12.0m

Late VC

$15.8m

Series C
Total Funding€52.4m

Recent News about Akustica

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Akustica, Inc. is a company operating in the rapidly evolving blockchain and Internet of Things (IoT) market. The company leverages blockchain technology, which is the backbone of cryptocurrencies like Bitcoin, to provide innovative solutions for various industries. Blockchain is a secure and transparent way to record transactions, making it ideal for applications beyond just digital currencies. Akustica's primary focus is on integrating blockchain with IoT, which involves connecting everyday devices to the internet to collect and share data.

Akustica serves a diverse range of clients, including businesses in finance, healthcare, logistics, and manufacturing. These industries benefit from the enhanced security, transparency, and efficiency that blockchain technology offers. For instance, in healthcare, blockchain can secure patient records, while in logistics, it can track the movement of goods in real-time.

The company operates in the global blockchain IoT market, which is experiencing significant growth due to the increasing adoption of these technologies. Akustica's business model involves providing blockchain-based solutions and services to its clients. This includes consulting, system integration, and ongoing support. The company also hires subcontractors to facilitate business transactions and ensure the smooth delivery of services.

Akustica makes money by charging clients for its services, which can include one-time fees for system setup and integration, as well as ongoing fees for maintenance and support. Additionally, the company may offer subscription-based services for continuous access to its blockchain platforms and tools.

In summary, Akustica, Inc. is a key player in the blockchain IoT market, offering secure and efficient solutions to various industries. The company generates revenue through service fees and subscriptions, ensuring a steady income stream.

Keywords: Blockchain, IoT, Bitcoin, Cryptocurrencies, Secure Transactions, System Integration, Consulting, Global Market, Technology Solutions, Data Security.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.