Waves Audio, a privately owned company headquartered in Israel, was founded in 1992, employs approximately 550 individuals, and reported $92.0M in revenue as of 2024. The company operates as a tier 1 media tech buyer, specializing in the development of professional audio plugins for music production, mixing, mastering, live sound, and post-production.
On April 3, 2026, Waves Audio released ILLUGEN 2.0, an updated version of its sample creation app, which delivers a major sound upgrade and enhanced user control. The application transforms text prompts into studio-quality original audio. This release followed earlier announcements on April 1 and March 31, 2026, which detailed significant upgrades in sound quality, an upgraded sound engine, enhanced prompt accuracy, and expanded creative controls, positioning ILLUGEN 2.0 as an advanced production tool for music creators.
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Waves Audio offers 10 products in the telecoms tech and media tech industries. Waves Audio's product portfolio comprises of broadcast professional services, audio and telecoms network infrastructure.
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Waves Audio's revenues were less than $250M in 2024. Caretta Research has split Waves Audio's revenue into 5 different product categories, the largest of which is audio signal processing, routing and infrastructure. For full access to Waves Audio's revenue breakdown subscribe to Caretta Portal.
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Waves Audio's customers primarily consist of religious Institutions companies. Examples of Waves Audio's customers include SK Gaming and Prestonwood Baptist Church. Waves Audio has commercial and technical partners like Lawo, Dell Technologies and Sony Professional Solutions.
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