Tempow, a Paris, France-based creator of software-only solutions built to enhance Bluetooth-enabled devices sold annually, raised $4m in Series A funding.
The round was led by Balderton Capital with participation from C4 Ventures. In conjunction with the funding, Lars Fjeldsoe-Nielsen, General Partner at Balderton Capital, is joining the Tempow board.
The company will use the funds to close new distribution deals with hardware manufacturers, and double the size of their global team.
Founded in 2016 by Vincent Nallatamby, CEO, Tempow provides the Tempow Audio Profile (TAP), an updated Bluetooth protocol allowing any Bluetooth chip to stream audio on multiple Bluetooth audio outputs simultaneously. The software solution works with any brand of Bluetooth speaker on any chip.
TAP was selected by Lenovo-owned Motorola to bring Bluetooth audio sharing features to the flagship Moto X4 handset.
The company, which has extended operations in Seoul, Korea and Shenzhen, China, has a team of twelve software developers, including alumnis from Ecole Polytechnique, one of Europe’s leading engineering schools, and 42, the new coding school created by the Xavier Niel in Paris.
FinSMEs
23/05/2018