A fabless semiconductor company, Kleer’s unique wireless audio technology enables consumer electronic companies—such as Sennheiser, RCA, DigiFi and Sleek Audio—to manufacture high-quality products that combine: * CD-quality digital wireless audio * Best-in-class 2.4 GHz band co-existence * Ultra-low power consumption * Point-to-multipoint functionality: up to four people can listen simultaneously * Interoperability with other Kleer-based wireless products Kleer’s technology is ideal for OEMs of portable audio players, iPod® and other 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. Led by a veteran management team possessing critical domain knowledge in consumer electronics, semiconductors, low power RF and mixed signal ICs, Kleer is also backed by top tier venture capital firms, including USVP, TL Ventures, VenGrowth and the Business Development Bank of Canada.