iConnectivity Raises $1.6M

Funding Rounds

▤ Summary

iConnectivity, a Calgary, Alberta, Canada-based music hardware developer, has raised $1.6m in funding.Backers include AVAC, which committed $900k, and local investors, which injected $775k.The company intends to use the capital to accelerate the development and launch of additional products and expand distribution channels.Led by Michael Loh, Founder and CEO, iConnectivity designs and markets portable networking products which allow musicians to connect any electronic musical equipment to mobile devices and computers through standards based connections such as USB, MIDI and Ethernet.The company’s first product, iConnectMIDI™, is currently being distributed in North America, Europe, UK, Australia, Asia, and is also available through retailers and resellers within the United States and Canada.

$ Funding

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Amount $1.6M Total raised
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Date August 1, 2012 Announcement date
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Investors AVAC Lead investors
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Company http://www.iconnectivity.com Funded company

▥ Classifications

industries
No industries detected
applications
Web and Content Management

◇ AskAI Classifications

Labels
Audio Interface Software MIDI Interface Software Music Technology

▦ Linked Companies

iConnectivity
$1M to $5M