LISNR Raises $10 Million in a Series B Round

Smart tone startup LISNR just raised a $10 million series B round. The funding round was led by Intel Capital. The $125 million fund, which Intel announced earlier this year, was created to invest money in startups with female or minority founders.

LISNR with this funding in hand aims to further advance the product as “a true protocol to connect devices across a number of different verticals,” LISNR co-founder and CEO Rodney Williams said.

LISNR is a high frequency, Smart Tone technology; a new communication protocol that sends data over audio. It is a digital sound file that turns any speaker or piece of media into a beacon, working seamlessly across physical and digital spaces more effectively than all current solutions in the marketplace, most notably Bluetooth and traditional ACR.

lisnr-raises-10-million-in-a-series-b-round

LISNR targets content creators and brands, providing them a distribution platform for mobile that delivers unparalleled second screen experiences and proximity based messaging via the smart tones’ identification and triggering capabilities.

LISNR aims to eventually be a technology standard for user authentication, peer-to-peer communication, and secure data transfer for connected devices in the evolving internet of things and the recent funding will surely help it to go further!

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