iConnectivity Raises $1.6M
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.