| Acquired by | SMSC |
| Price | $7.5M |
| Date | 2/10 |
| Website | kleer.com |
| Category | Consumer Electronics/Devices |
| Employees | |
| Description | Wireless audio technology |
| Total | $58M |
| Series A, 2008 TL Ventures U.S. Venture Partners NIF Ventures BDC Venture Capital VenGrowth Capital Partners | $30M |
| Series B, 3/08 TL Ventures U.S. Venture Partners | $28M |
Kleer’s unique wireless audio technology enables consumer electronic companies—such as Sennheiser, RCA, DigiFi, Cy-Fi, and Sleek Audio—to manufacture high-quality products.
Kleer’s fabless semiconductor wireless technology is ideal for OEMs of portable audio players, iPod® and other MP3 accessories, home stereo/theater systems, earphones, headphones, and speakers. Kleer is currently working with 25 OEM partners on over 30 products, and distributes its products via direct sales in North America and distribution channels in Korea and Japan.
