Ableton AG
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Ableton AG - overview
Established
1999
Location
Berlin, -, Germany
Primary Industry
Software
About
Ableton AG is a Berlin-based company specializing in music software and hardware designed for music production and live performance. Its flagship product, Ableton Live, serves a diverse range of musicians and educational institutions. Founded in 1999 in Berlin, Germany, Ableton AG develops innovative music software and hardware solutions. The company was acquired by TOPTICA Photonics AG in 2005.
The founder, Andrei ? tefanuca, has a background in technology and music, which has influenced the company's product development under CEO Gerhard Behles. Ableton is primarily known for its flagship software product, Ableton Live, a digital audio workstation designed for music production, performance, and live DJing. Launched in 2003, the latest version, Live 12, offers users a flexible environment for composing, arranging, and mixing music.
The company also produces hardware like Push and Ableton Note to enhance the music-making experience, targeting music producers, DJs, and educational institutions globally across North America, Europe, and Asia. For the year 2023, Ableton reported revenue of USD 75. 76 mn, with an EBITDA of USD -5. 30 mn.
Ableton AG is focusing on developing new products and enhancing its existing software suite, with updates slated for release within the next year. The company aims to expand its market presence in Asia and Latin America by the end of 2024. The funding from its last investment round will be allocated to research and development, enhancing customer engagement, and exploring new distribution channels.
Primary Industry
Software
Sub Industries
Music & Video Streaming Software
Website
www.ableton.com
Company Stage
Acquired
Total Amount Raised
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