Sonarax Technologies Ltd.

sonarax.com

Formerly Exshake, Prontoly

High-Tech Company

Ceased to Operate Q1/2021

Graduated from: hiCenter

TECH VERTICALS

Authentication, Commerce, Connectivity, Consumer Electronics, DevOps, FinTech, IoT, Middleware, Mobile Applications, Mobile Security, Networking, RetailTech, Sensors, Smart Home, SportsTech, Ultrasound

General Data

Sector	Enterprise Software & Infrastructure
Company Stage:	Initial Revenues
Established	2013
Number of Employees	5
Employees in Israel	5
Reg. Number:	abCDe

DESCRIPTION

Sonarax is a leading solution provider of ultrasonic connectivity between devices, for triggering, identification and authentication. Sonarax has unique expertise and intellectual property to master the ultrasonic domain. Sonarax enables Out-of-Band (OOB) communication, ensuring that, with as little intervention as possible, all devices can interact with each other using a sonic interface.

TECHNOLOGY

Sonarax’s software-only based solution comes with a Software Development Kit (“SDK”) that supports any operating system. The Sonarax Sound Tokenization™ technology enables any device equipped with a speaker and microphone to become an ultrasonic proximity sensor.
These sensors are used for Person to System authentication (e.g. Payment solutions, secure login), Device to Environment connectivity (e.g. OOB pairing, direction/distance filtering) or Sonic QR solution providing the ability to embed and decode alphanumeric information over sound.

	TARGET MARKETS
	B2B: Application Developers, Product Managers.

	BUSINESS MODEL
	B2B

SERVICE PROVIDERS

Company Name	Type
abC Defghij	Law Firm

CONTACT INFO

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Main Address: Haifa, Israel

Address	2 Shderot PalYam St.
City	Haifa
Country	Israel
Zip	3309502

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Ms. Moran Halevi	Co-Founder	SeaLights (Digital Marketing Manager)
Mr. Nicky Pappo	Co-Founder	EliaShim (VP, R&D)

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

First Round

Aug. 01, 2015

R&D

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Holding Company	abCDe

Seed

May. 01, 2013

Seed

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Government Agency	abCDe	R&D Grant
abC Defghij	Private Investor	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Incubator	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Private Investor	abCDe

	Non-Equity Assistance

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Date

Stage

Remarks

Non-Equity Assistance

Jun. 15, 2014

R&D

Contributor	Type	Amount	Remarks
abC Defghij	Corporate Accelerator	abCDe

Non-Equity Assistance

Mar. 01, 2013

Seed

Contributor	Type	Amount	Remarks
abC Defghij	Municipal Accelerator	abCDe

Last Updated:	abCDe
IVC Number:	abCDe