Ambient Sound Investments OÜ, established in 2003 in Tallinn, Estonia, is a family office specializing in direct and fund of fund investments. It focuses on private equity and venture capital, investing in technology and technology-based service companies across the United States, Asia, and Europe. The firm prefers minority stakes, typically investing between €0.5 million to €2 million, and aims to have a Partner or Advisor on the boards of its portfolio companies. Ambient Sound Investments also engages in co-investments and public equity investments, using personal capital and balance sheet investments. Initially founded by Skype engineers to hold a minority stake in Skype, the firm sold its shares to eBay in 2005 and now operates as a private investment vehicle.
Cgates is the largest independent pay TV and internet service provider in Lithuania, based in Vilnius. Founded in 1991, the company has established itself as a leading telecommunications operator through a combination of acquisitions and organic growth. Cgates offers a range of services, including digital and interactive television, fiber-optic broadband internet, and fixed telephony, ensuring reliable connectivity for its subscribers. The company operates a robust fiber optic cable network, which supports its offerings and enhances customer experience. In September 2017, a consortium of investors led by Livonia Partners acquired a significant minority stake in Cgates to bolster the company's growth and facilitate further upgrades to its network and technology.
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