Phorus Lands $2,000,000 Series A Funding

  • Feed Type
  • Date
    11/9/2011
  • Company Name
    Phorus
  • Mailing Address
    16255 Ventura Blvd Encino, CA 91436
  • Company Description
    At phorus, we’re big believers in the idea that listening to music should be simple. It’s been phenomenal to see how far digital music has come. Enjoy almost any song, anywhere, from any device. People are collecting. Streaming. Sharing. It’s so much fun. And yet, when you come home and take out the earbuds, suddenly things get complicated.
  • Website
    http://www.phorus.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The company’s initial investment round is being used to productize their pioneering technology, including several patent-pending advances that the company expects will further distinguish their approach to wireless home audio from the limited offerings that are available today.
  • M&A Terms
  • Venture Investor
    Undisclosed