Kleer draws $7 million on previous round
Kleer Corp. has drawn down $7 million of its previously announed $13 million second round, PEWeek wire reported. The Cupertino, Calif., company designs chips for wireless audio head sets. Return investors include TL Ventures and U.S. Venture Partners.
The company previously raised $30 million from TL, USVP, NIF Ventures, BDC, and VenGrowth. The company says its chips can send the highest quality digital stereo audio over wireless connections.
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About the Author, Dean Takahashi
Dean is lead writer for GamesBeat at VentureBeat. He covers video games, security, chips and a variety of other subjects. Dean previously worked at the San Jose Mercury News, the Wall Street Journal, the Red Herring, the Los Angeles Times, the Orange County Register and the Dallas Times Herald. He is the author of two books, Opening the Xbox and the Xbox 360 Uncloaked. Follow him on Twitter at @deantak, and follow VentureBeat on Twitter at @venturebeat.