Phantom Speaker Maker Devialet Turns Up The Volume With New $20 Million Funding Round

 Devialet, known for its Phantom speaker which supposedly sounds better than speakers 20 times bigger, just announced that it has closed a $20 million Series B round. LVMH CEO Bernard Arnault, Xaviel Niel, Jacques-Antoine Granjon, and Marc Simoncini are behind today’s funding round. This funding follows a Series A in 2012 where the company raised $19.1 million to fund the development of… Read More