phorus Raises $2M in Series A Funding

phorus, an Encino, CA-based technology start-up that is creating a wireless home audio solution for mobile devices, has raised $2m in Series A funding.

The backers remained undisclosed.

The company intends to use the funding to productize its technology, including several patent-pending advances.

Led by founder and CEO Dannie Lau and CFO Sharon Graves, phorus is building a wireless home audio solution (PlayCast™) integrates phones, tablets, PCs and other devices with intelligent speakers and is completely independent of platform or operating system.
The technology will be licensed and sold through major manufacturers, retailers, and device makers globally.

FinSMEs

09/11/2011

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