Blue Microphones was founded in 1995 by an American session musician, Skipper Wise, and a Latvian recording engineer, Martins Saulespurens. The company's name is an acronym for Baltic Latvian Universal Electronics. The company is headquartered in Westlake, California, USA. Along with studio microphones, Blue has a line of consumer USB microphones, such as the Yeti, the first THX certified microphone, Snowball, the Snowflake, the Tiki and Mikey, the first High Definition microphone designed for use with Apple Inc.'s iPod.
In 2008, Skipper and Martins sold Blue Microphones to Transom Capital, a private Equity firm from Southern California.
In 2013, The Riverside Company acquired Blue Microphones from Transom Capital. Intrepid Investment Bankers advised Blue Microphones in the transaction.