Comhear, Inc., a San Diego, CA-based audio technology company, completed a $12M Series A funding.
The backers were not disclosed.
The company will use the funds to drive innovation and advance its business objectives across multiple industry segments.
Comhear also announced that:
– Gerry Chastelet, an experienced technology industry executive, will be joining the company as Chief Executive Officer.
– Andrew Arno, Vice Chairman of the Special Equities Group at Chardan Capital Markets LLC in New York, has joined the Comhear Board of Directors.
– Perry Teevens will continue as President and lead Business Development for Comhear across the multiple business, enterprise and consumer segments.
Comhear is an audio technology company dedicated to creating an audio product for home, enterprise, and professional applications. Its patented MyBeam™ technology reproduces natural, immersive, 360-degree surround sound without the need for headphones. Currently available for the ProAV market, the technology will be introduced to consumers this summer in a crowdfunding campaign for the YARRA 3DX three-dimensional sound projector.
It supports all current audio media, and future technologies including Virtual Reality and Augmented Reality systems.