Friday, July 6, 2018

Sonos files to raise up to $100M in IPO – TechCrunch

Smart speaker maker Sonos has filed to go public. In the filing, the company says it’s aiming to raise up to $100 million in the IPO. However, that number may simply be a placeholder, or it could change as the IPO approaches. Sonos says that as of March 31, it’s sold a total of 19 million products to 6.9 million households, with customers listening to 70 hours of content each month. Revenue

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