Lisnr, Inc., an Oakland, California-based provider of ultrasonic data-over-sound technology, received an investment from NTT DOCOMO Ventures, Inc., through a fund operated by NDV.
The amount of the deal was not disclosed.
NDV has invested in Lisnr to contribute to creating new opportunities and partnerships using the company’s ultrasonic technology throughout various services provided by NTT DOCOMO.
Founded in 2012 and led by CEO Eric Allen, Lisnr has developed ultrasonic data-over-sound technology, providing solutions in various fields including ticketing at the gates of concerts and sporting events, as well as authentication and mobile payments. The company already serves a wide base of customers such as retailers, commercial facilities, plants, and automotive manufacturers.
In the future, the technology is expected to be used in even more fields such as financial services, mobility & ridesharing.