Lisnr takes ‘big, big step’ with multimillion-dollar funding round

Story excerpt provided by Cincinnati Business Courier.

Written by Andy Brownfield.

Cincinnati audio technology startup Lisnr has raised a $10 million round of funding led by one of the biggest tech firms in the United States.

The $10 million Series B round was led by Intel Ventures and joined by Mercury Fund, Jump Capital and R/GA Ventures.

“It’s a big, big step. In terms of what this investment means, it’s a pretty big Series B for a Cincinnati company,” Lisnr CEO and co-founder Rodney Williams told me. “As a company it’s going to allow us to expand into new verticals and grow bigger into markets we’re not into today.”

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Originally published November 3, 2015.

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