Ambient Sound Investments (ASI) is a multi-family office based in Tallinn, Estonia. The firm was established in 2003 as an equal partnership by four founding engineers at Skype Technologies to hold a minority stake in Skype. The firm specializes in direct and fund of fund investment. Within direct investments, it specializes in private equity and venture capital investments in incubation, seed/startup, early venture, growth capital, and PIPEs. It invests in information technology, software, web, social media, and research and development companies. The firm invests in companies that have the technology or technology-based service providers for their customers. It invests in companies based in the United States, Asia, and Europe. The firm also makes co-investments and has started investing in public equity. The firm invests through personal capital and balance sheet investments. The assets of the firm are managed by the executive management team.