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Aura secures $11M in new funding

WILMINTON, Del.-Aura Communications Technology Inc. said it has secured an $11 million round of funding, which consists of both new funds and conversion of all outstanding loans.

Creative Technology and Entrepia Ventures led the round, while others included iSherpa Capital, Duchossois Technology Partners and Motorola Ventures.

“We are confident that our technology will continue its drive toward becoming the de facto standard for short-range wireless-particularly music-through our upcoming stereo audio chip,” said Kip Kokinakis, chief executive officer of Aura.

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