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Exclusive: Sonos (sort of) raises $25 million

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Home audio company raises a 'liquidity round' for early employees.

FORTUNE -- Sonos, a maker of high-end wireless home audio systems, has raised approximately $25 million in new funding, Fortune has learned. But none of the money is actually going into the company.

Instead, existing investors like Kohlberg Kravis Roberts & Co. (KKR) and Index Ventures are buying up shares from early employees.

This is at least the third time that Sonos investors MORE


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