Commentary

David Berlind
 

Wow! Kleer Gets $28M Of Funding In Series B Round (And Deserves It)

Kleer's PR counsel just sent a blast out to say that the company has received $28 million of funding in a Series B round. On video (embedded below), I took a closer look at Kleer's technology during the Computer Electronics Show in Las Vegas in January and this new injection of cash comes as no surprise given what Kleer's wireless technology can do.

Kleer's PR counsel just sent a blast out to say that the company has received $28 million of funding in a Series B round. On video (embedded below), I took a closer look at Kleer's technology during the Computer Electronics Show in Las Vegas in January and this new injection of cash comes as no surprise given what Kleer's wireless technology can do.Back in January, I interviewed Kleer's director of product management Brent Allen (see video below) about his company's wireless technology. There, at CES in Las Vegas, Sennheiser introduced a pair of wireless headphones (the MX W1) that contain Kleer's technology for $600. At that price, you can imagine that these are no ordinary run-of-the-mill Bluetooth-based wireless headphones. Kleer's technology is designed to surpass the limitations of Bluetooth-based stereo audio in two ways.

First, according to Allen, it requires 1/5th to 1/10th the power that normal Bluetooth headphones require. So, fewer stops at the recharging station for both the headphones and the devices that are broadcasting to them. Second, whereas Bluetooth relies on compression (which translates in "lossy" audio), Kleer's technology is lossless.


More Insights

White Papers

More >>

Reports

More >>

Webcasts

More >>

According to the release, Kleer announced:

that it has secured $28 million (U.S.) in Series B funding led by TL Ventures and BDC Venture Capital. Existing investors USVP and VenGrowth also participated.

After taping the video at CES, I remember thinking how, if I had some investment funds laying around, I wouldn't mind investing in the company myself. I was that impressed, particularly given the number of gear manufacturers like Sennheiser and RCA that were lining up to incorporate the technology into their products. Unfortunately, I don't have that kind of dough and I'm not a venture capitalist. But I do have the video! Here it is:


Related Reading




Currently we allow the following HTML tags in comments:

Single tags

These tags can be used alone and don't need an ending tag.

<br> Defines a single line break

<hr> Defines a horizontal line

Matching tags

These require an ending tag - e.g. <i>italic text</i>

<a> Defines an anchor

<b> Defines bold text

<big> Defines big text

<blockquote> Defines a long quotation

<caption> Defines a table caption

<cite> Defines a citation

<code> Defines computer code text

<em> Defines emphasized text

<fieldset> Defines a border around elements in a form

<h1> This is heading 1

<h2> This is heading 2

<h3> This is heading 3

<h4> This is heading 4

<h5> This is heading 5

<h6> This is heading 6

<i> Defines italic text

<p> Defines a paragraph

<pre> Defines preformatted text

<q> Defines a short quotation

<samp> Defines sample computer code text

<small> Defines small text

<span> Defines a section in a document

<s> Defines strikethrough text

<strike> Defines strikethrough text

<strong> Defines strong text

<sub> Defines subscripted text

<sup> Defines superscripted text

<u> Defines underlined text

InformationWeek encourages readers to engage in spirited, healthy debate, including taking us to task. However, InformationWeek moderates all comments posted to our site, and reserves the right to modify or remove any content that it determines to be derogatory, offensive, inflammatory, vulgar, irrelevant/off-topic, racist or obvious marketing/SPAM. InformationWeek further reserves the right to disable the profile of any commenter participating in said activities.

Disqus Tips To upload an avatar photo, first complete your Disqus profile. | View the list of supported HTML tags you can use to style comments. | Please read our commenting policy.
T-Shirt Giveaway T-Shirt Giveaway: Each week we're selecting one great comment from our readers. The author of the comment will receive an InformaitonWeek Community t-shirt. So get posting!
Subscribe to RSS

Resource Links