Funding

LISNR raises $10M

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What does LISNR do?

LISNR, is a creator of SmartTones which is a new communication protocol which sends data over audio. It is a high frequency, inaudible smart tone technology, a new communication protocol which sends data over audio. This comprehensive mobile engagement platform enables customers in interacting with media and the live environment at all the places. It develops mobile solutions for advertisers and content creators for enhancing their mobile engagement. Their patent pending ultrasonic technology gives undivided engagement by enabling consumers to use their smart phones in the interaction with audio at all the places. Their smart app and ultrasonic engine technology delivers undivided engagement and content by enabling consumers for using their smart phones for interacting with audio at all places. The tones cannot be heard by the human ear and are only recognized by the company’s powered apps.

How much LISNR was funded?

LISNR raised $10M in Series B on November 3rd, 2015 from Intel Capital.

Previous funding

  • $850K on June 27, 2013 from SeedInvest
  • $3.5M in Series A on June 27, 2014 from Progress Ventures, Mercury Fund, CincyTech, Serra Ventures and Jump Capital.
  • $300K in Series B on August 14, 2015 from Serra Ventures

What is next for LISNR?

The latest round of funding is all about adding fuel to the momentum that the company has built in the market. The funding will allow the company is continuing to build out their leadership team while further accelerating their customer acquisition efforts.

More about LISNR

LISNR was founded on March 1, 2012 by Rodney Williams, Chris Ridenour, Chris Ostoich, Josh Glick, Nikki Pfahler and Nikki Pfahler. It has its headquarters in Cincinnati, OH. This is a company which creates SmartTones, a new technology which sends data over audio. The company uses an inaudible digital sound file for turning any device into a beacon. It gives content creators and brands a platform which delivers second screen experiences and proximity based messaging.

 

 

 

 

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