Acoustiguide Overview
Acoustiguide offers mobile-app platforms and software, mobile web, multimedia content, hardware equipment, and comprehensive services providing turnkey solutions for online and on-the-ground audio- and multimedia-guided tours. The companys technology enables the easy synchronization of narrative content with onsite presentations and displays. Acoustiguides content, hardware, and services are used at more than 600 museums, tourist attractions, heritage and historical sites, visitor centers, and city walks.
Cumulative Funding Raised Over Time ($)
$4.0MNov 2017
Latest News
growth-positive
The Statue of Liberty National Monument and the Ellis Island National Museum of Immigration Unveil Multi-Lingual, Multi-Generational Audio Experiences with Acoustiguide
Acoustiguide has developed a new audio guide experience in collaboration with the National Park Service and The Statue of Liberty-Ellis Island Foundation. The audio tours, available in 12 languages, provide an engaging and immersive experience for visitors to the Statue of Liberty and Ellis Island. The tours cover the history and stories of the millions of immigrants who passed through Ellis Island. Acoustiguides partnership with the Foundation and the National Park Service enhances visitor engagement and accessibility. The audio tours are included in the price of a ferry ticket. Acoustiguide is a leading provider of audio and multimedia experiences for museums and tourist sites worldwide.
Customers
growth-positive
China's Zhejiang Drore Invests $4 Million in Tourism Tech Company Acoustiguide
China-based smart tourism company Zhejiang Drore Technology is investing $4 million in Espro Acoustiguide Group for the development of advanced tourism technologies. Zhejiang Drore will invest an additional $8 million in the first half of 2018. Acoustiguide offers devices and apps for guided tours and was previously listed on the London Stock Exchange. The investment will be used to pay off a loan and for marketing and software development.
InvestmentAcquisition
growth-positive
Israeli Acoustiguide Audio Systems Used in UNESCO's Old Acre Fortress Restorations
The Old Acre Development Company recently completed renovations to enhance the visitor experience at the Hospitaller Fortress in Israel. Acoustiguide deployed its Opus system, delivering audio throughout the exhibit. Acoustiguide creates site-specific audio and multimedia content for installations worldwide. The partnership with Acoustiguide helped breathe life into 5,000 years of Acres history in the Fortress. The audio system provides a visitor-centric experience, syncing with video presentations and accommodating multiple groups at a time. Acoustiguide coordinated with the Old Acre Development Company to develop multilingual content and seamless delivery.
Customers
growth-positive
Israel's Espro acquires Acoustiguide for $3.6m
Espro Information Technologies Ltd has announced the acquisition of Acoustiguide Corporation, a worldwide audio guiding business. The total consideration for the acquisition is $3.6 million. Espro expects to secure funding from existing shareholders and new investors. The acquisition will make Espro the worlds largest stockmarket quoted company in the audio guiding market. Acoustiguide has a client list that includes major museums and tourist attractions. The enlarged group will have combined revenues of $14 million. The senior management team of Acoustiguide will remain with the company. The head office will be in London.
AcquisitionInvestment
Funding
| Total funding | $4M |
| Last funding | $4M |
| Stage | Acquired |
| Rounds | 1 |
| Investors | 1 |
Team Members
3
Employees: 51-200
Web & Social Links
| Website | www.acoustiguide.com |
| Careers | Careers page |
| App Store | App Store |
| Google Play | Google Play |
Locations
Atir Yeda Street 17, Kfar Saba, Israel
Martin-Luther-Strae 111, Berlin, Germany
2-3 North Mews, London, UK
304-56 Sparks Street, Ottawa, Ontario K1P 5A9, Canada
555 8th Avenue, NY, New York, USA
Photos & Videos
2 item(s)
Acoustiguide Business
Business models
B2B
Product stage
Released
Employees
51-200
Sector
—Target Customer
—Core Technology
—Tags (8)
knowledge-technologycontent-distributionmuseumsmobile-applicationstourismpublishersedutainmentdigital-mediaGeographic Markets
GlobalAcoustiguide Financials
$4M
Total funding
Undisclosed
Capital raised
$4M
Last funding
Acquired
Funding stage
1
Total rounds
1
Investors
Cumulative Funding Raised Over Time ($)
$4.0MNov 2017
Private Equity Funding
PIPE
Nov 2017
$4M
Zhejiang Drore
Public Offering / Exit
MNAEvent
Mar 2005
$3.6M
Acoustiguide Lifecycle
Cumulative Funding Raised Over Time
$4.0MNov 2017
All Events
PIPE
Nov 2017
$4M
Zhejiang Drore
MNAEvent
Mar 2005
$3.6M
Acoustiguide News
4 articles
growth-positive
The Statue of Liberty National Monument and the Ellis Island National Museum of Immigration Unveil Multi-Lingual, Multi-Generational Audio Experiences with Acoustiguide
Acoustiguide has developed a new audio guide experience in collaboration with the National Park Service and The Statue of Liberty-Ellis Island Foundation. The audio tours, available in 12 languages, provide an engaging and immersive experience for visitors to the Statue of Liberty and Ellis Island. The tours cover the history and stories of the millions of immigrants who passed through Ellis Island. Acoustiguides partnership with the Foundation and the National Park Service enhances visitor engagement and accessibility. The audio tours are included in the price of a ferry ticket. Acoustiguide is a leading provider of audio and multimedia experiences for museums and tourist sites worldwide.
Customers
growth-positive
China's Zhejiang Drore Invests $4 Million in Tourism Tech Company Acoustiguide
China-based smart tourism company Zhejiang Drore Technology is investing $4 million in Espro Acoustiguide Group for the development of advanced tourism technologies. Zhejiang Drore will invest an additional $8 million in the first half of 2018. Acoustiguide offers devices and apps for guided tours and was previously listed on the London Stock Exchange. The investment will be used to pay off a loan and for marketing and software development.
InvestmentAcquisition
growth-positive
Israeli Acoustiguide Audio Systems Used in UNESCO's Old Acre Fortress Restorations
The Old Acre Development Company recently completed renovations to enhance the visitor experience at the Hospitaller Fortress in Israel. Acoustiguide deployed its Opus system, delivering audio throughout the exhibit. Acoustiguide creates site-specific audio and multimedia content for installations worldwide. The partnership with Acoustiguide helped breathe life into 5,000 years of Acres history in the Fortress. The audio system provides a visitor-centric experience, syncing with video presentations and accommodating multiple groups at a time. Acoustiguide coordinated with the Old Acre Development Company to develop multilingual content and seamless delivery.
Customers
growth-positive
Israel's Espro acquires Acoustiguide for $3.6m
Espro Information Technologies Ltd has announced the acquisition of Acoustiguide Corporation, a worldwide audio guiding business. The total consideration for the acquisition is $3.6 million. Espro expects to secure funding from existing shareholders and new investors. The acquisition will make Espro the worlds largest stockmarket quoted company in the audio guiding market. Acoustiguide has a client list that includes major museums and tourist attractions. The enlarged group will have combined revenues of $14 million. The senior management team of Acoustiguide will remain with the company. The head office will be in London.
AcquisitionInvestment
Acoustiguide Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 93 |
| Team members | 3 |
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Acoustiguide Internal
Recent Updates
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Admin Info
| Confidence | 100/100 |
| Missing | founding month, markets |
| Registrar ID | 520043944 |
| Crunchbase | acoustiguide |
| Phone | +97297634400 |
| Last updater | Tzippora Nusbaum |
| Updater email | tzipporak@gmail.com |
| Last update | 2018-12-10T00:00:00.000Z |
| Created | 2014-11-12T00:00:00.000Z |
| Claimed | Yes |
| Hidden | The company is a service provider (visible: 0) |
| Status detail | Acquired by ESPRO on Mar, 2005 |