Smart earbuds startup Doppler Labs shuts down after raising $50M+

Doppler Labs, a smart earbud company that raised more than $50 million in funding from backers like Universal Music, Live Nation and the Chernin Group has shut down after running out of cash and options. The startup most notably developed the Here One earbuds, a competitor to Apple’s AirPods. The company posted a farewell note to customers on its site this morning.