About Dear Reality
Dear Reality is a company based in Dusseldorf (Germany) founded in 2014 was acquired by Sennheiser in July 2019.. Dear Reality offers products and services including dearVR PRO 2, EXOVERB, dearVR MICRO, and EXOVERB MICRO. Dear Reality operates in a competitive market with competitors including High Fidelity, Dirac, Dolby Laboratories, G'Audio Lab and Dysonics, among others.
- Headquarter Dusseldorf, Germany
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Sennheiser Electronic Se & Co. Kg
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Annual Revenue
$637.04 M (USD)99as on Dec 31, 2018
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Net Profit
$231.87 M (USD)169as on Dec 31, 2018
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Sennheiser
(Jul 01, 2019)
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Products & Services of Dear Reality
Dear Reality offers a comprehensive portfolio of products and services, including dearVR PRO 2, EXOVERB, dearVR MICRO, and EXOVERB MICRO. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Spatializer for stereo and immersive audio mixing
Stereo reverb with acoustic scenes for audio production
Binaural spatializer for immersive listening experiences
Compact reverb for authentic sound in audio tracks
Funding Insights of Dear Reality
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Dear Reality
Dear Reality has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Sennheiser. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Headphones, microphones, and wireless transmission systems are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Dear Reality
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Dear Reality
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Dear Reality Comparisons
Competitors of Dear Reality
Dear Reality operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as High Fidelity, Dirac, Dolby Laboratories, G'Audio Lab and Dysonics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Spatial audio technology is provided for app integrations.
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| domain | founded_year | HQ Location |
Digital audio processing technology is developed for enhanced sound performance.
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| domain | founded_year | HQ Location |
Provides audio,image and video processing technology
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Provides audio solutions for virtual reality projects
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| domain | founded_year | HQ Location |
3D audio and motion tracking for headphones are commercialized.
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| domain | founded_year | HQ Location |
Interactive audio middleware is provided for game development processes.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Dear Reality
Frequently Asked Questions about Dear Reality
When was Dear Reality founded?
Dear Reality was founded in 2014.
Where is Dear Reality located?
Dear Reality is headquartered in Dusseldorf, Germany. It is registered at Dusseldorf, North Rhine-westphalia, Germany.
What is the annual revenue of Dear Reality?
Annual revenue of Dear Reality is $637.04M as on Dec 31, 2018.
What does Dear Reality do?
Dear Reality was founded in 2014 in Dusseldorf, Germany, focusing on 3D audio technology within the virtual reality sector. Plugins and custom software solutions are provided for major platforms, enabling audio integration in various scenes through the Reverb-Bus-System. These tools support development of VR applications, games, and 360-degree videos, with operations centered in Europe.
Who are the top competitors of Dear Reality?
Dear Reality's top competitors include Dirac, Dolby Laboratories and High Fidelity.
What products or services does Dear Reality offer?
Dear Reality offers dearVR PRO 2, EXOVERB, dearVR MICRO, and EXOVERB MICRO.
Who are Dear Reality's investors?
Dear Reality has 1 investor. Key investors include Sennheiser.
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