Functionalization of carbon nanotubes (CNTs) is important for enhancing deposition of metal nanoparticles in the fabrication of supported catalysts. A facile approach for oxidizing CNTs is presented using a sonochemical method to promote the density of surface functional groups. This was successfully employed in a previous study [J. Phys. Chem. B 2004, 108, 19255] to prepare highly dispersed, high-loading Pt nanoparticles on CNTs as fuel cell catalysts. X-ray photoelectron spectroscopy (XPS), transmission electron microscopy, cyclic voltammetry, and settling speeds were used to characterize the degree of surface functionalization and coverage. The sonochemical method effectively functionalized the CNTs. A mixture of -C-O-/-C=O and -COO- was observed along with evidence for weakly bound CO at longer treatment times. The integrated XPS C 1s core level peak area ratios of the oxidized-to-graphitic C oxidation states, as well as the atom % oxygen from the O 1s level, showed an increase in peak intensity (attributed to -CO(x)()) with increased sonication times from 1 to 8 h; the increase in C surface oxidation correlated well with the measured atom %. Most of the CNT surface oxidation occurred between 1 and 2 h. The sonochemically treated CNTs were also studied by cyclic voltammetry and settling experiments, and the results were consistent with the XPS observations.