Tech Company Financing Transactions
Phorus Funding Round
Phorus, operating out of Encino, raised $2 million from private investors.
Transaction Overview
Company Name
Announced On
11/9/2011
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Series A
Investors
Proceeds Purpose
The company's initial investment round is being used to productize their pioneering technology, including several patent-pending advances that the company expects will further distinguish their approach to wireless home audio from the limited offerings that are available today.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
16255 Ventura Blvd. 310
Encino, CA 91436
USA
Encino, CA 91436
USA
Phone
Website
Email Address
Overview
At phorus, we're big believers in the idea that listening to music should be simple. It's been phenomenal to see how far digital music has come. Enjoy almost any song, anywhere, from any device. People are collecting. Streaming. Sharing. It's so much fun. And yet, when you come home and take out the earbuds, suddenly things get complicated.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dannie Lau
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