Otosense

Announcing Portfolia's First Exit: OTOSENSE

Announcing Portfolia's First Exit: OTOSENSE

Portfolia is pleased to announce its first return to investors with the acquisition of OtoSense, an artificial intelligence company for sound, by Analog Devices.
 
Portfolia launched the Rising Tide Fund in late 2015, in partnership with Next Wave Impact Ventures. The fund invested in the company's Series A round in Spring 2016. The company's acquisition will deliver a more than 2X return in two years for Rising Tide Fund investors, an impressive result under traditional venture capital and angel investing models.