Dear Reality

Dusseldorf, Germany Founded: 2014 • Age: 12 yrs Acquired By Sennheiser
3D audio technology for virtual reality applications is developed.
Annual revenue $637.0M Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Technology
  • 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
Operational Areas
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $637.04 M (USD)
    99
    as on Dec 31, 2018
  • Net Profit
    $231.87 M (USD)
    169
    as on Dec 31, 2018
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • 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.

Product name locked
Category locked
Primary

Spatializer for stereo and immersive audio mixing

Product name locked
Category locked
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Stereo reverb with acoustic scenes for audio production

Product name locked
Category locked
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Binaural spatializer for immersive listening experiences

Product name locked
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Compact reverb for authentic sound in audio tracks

Funding Insights of Dear Reality

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Detailed funding history for Dear Reality

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  • Funding amounts
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Investors in Dear Reality

Dear Reality has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Sennheiser.

All
Institutional
Investor Description Founded Year Domain Location
Headphones, microphones, and wireless transmission systems are provided.
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Investor details for Dear Reality

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Investments & Acquisitions by Dear Reality

Investments
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Investment portfolio details for Dear Reality

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Dear Reality

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Detailed financials for Dear Reality

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  • Profit trends
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Dear Reality Comparisons

Dear Reality Primary company
Description
3D audio technology for virtual reality applications is deve...
Location
Dusseldorf, Germany
Founded Year
2014
Annual Revenue
$637.04 M (USD)
Net Profit
$231.87 M (USD)
EBITDA
Not available
Employees
Not available
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Peer comparison for Dear Reality

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
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  • Operating benchmarks

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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.

Company Name Domain Founded year HQ Location Description
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Spatial audio technology is provided for app integrations.
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Digital audio processing technology is developed for enhanced sound performance.
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Provides audio,image and video processing technology
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Provides audio solutions for virtual reality projects
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3D audio and motion tracking for headphones are commercialized.
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Interactive audio middleware is provided for game development processes.
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Detailed competitors of Dear Reality

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  • Domains and locations
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Latest news on Dear Reality

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Complete news archive for Dear Reality

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Frequently Asked Questions about Dear Reality

Dear Reality was founded in 2014.

Dear Reality is headquartered in Dusseldorf, Germany. It is registered at Dusseldorf, North Rhine-westphalia, Germany.

Annual revenue of Dear Reality is $637.04M as on Dec 31, 2018.

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.

Dear Reality's top competitors include Dirac, Dolby Laboratories and High Fidelity.

Dear Reality offers dearVR PRO 2, EXOVERB, dearVR MICRO, and EXOVERB MICRO.

Dear Reality has 1 investor. Key investors include Sennheiser.

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