Sonos is a developer of wireless multi-room music systems for the home. The Sonos Multi-Room Music System is the first, wireless multi-room music system that lets its customers play all the music they want all over their homes — and control it all from their customers' smartphones. Sonos disseminates the music stored on a computer so it can be enjoyed all over the house. In addition, by partnering with audio services like Audible.com, Last.fm, Napster, Pandora, RadioTime, Rhapsody, SIRIUS Internet Radio, and more, Sonos gives music lovers instant, computer-free access to millions of songs, thousands of radio stations, audiobooks and more. According to CEO Patrick Spence, Sonos has crossed over $1 billion in revenue and is now profitable. Founded in 2002, the company is based on Santa Barbara, CA.
Source: Sonos Website
*Based on Preferred Stock Price, Sonos does not have a stock symbol since it is currently private and is yet to have an IPO.
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