Wireless Listening System Maker Doppler Labs Raises Additional $24M in Series B Funding

dopplerlabsDoppler Labs, a NYC-based maker of a wireless listening system, raised an additional $24m in Series B funding.

The round, which brought total funding to $50m, was led by Peter Chernin of The Chernin Group with participation from new investors Kevin Efrusy, David Geffen, Dan Gilbert, Henry Kravis, and Anton Levy, among others.

Led by Noah Kraft, Co-Founder and CEO, Doppler Labs last month announced the launch of its flagship product, Here One, an all-in-one wireless listening system.

The company intends to use these new funds to expand the engineering organization and prepare for the mass market release of its product.

FinSMEs

20/07/2016

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