Tech Company Financing Transactions
iDevices Funding Round
Connecticut Innovations, Stonehenge Capital and private investors joined a $4.3 million funding round for iDevices. The round was announced by the company on 1/7/2014.
Transaction Overview
Company Name
Announced On
1/7/2014
Transaction Type
Venture Equity
Amount
$4,250,000
Round
Undisclosed
Investors
Connecticut Innovations (Lead Investor)
Stonehenge Capital (Lead Investor)
Proceeds Purpose
The capital will primarily be allocated to inventory needed for iDevices' many retailers as well as supporting about 20 new hires in 2014. In addition, it will be used to expand the iDevices office to include a new café, The Byte, which will serve breakfast and lunch to staff and house two additional conference centers, Alpha and Beta.
Company Information
Company Status
Acquired or Merged
Industry
Electronics
Mailing Address
136 Simsbury Road 12d
Avon, CT 06001
USA
Avon, CT 06001
USA
Phone
Website
Email Address
Overview
iDevices, the preeminent brand in the connected home industry, has a growing line of HomeKit-enabled products available at the largest retailers worldwide.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Christopher Allen
Chief Financial Officer
Rich Anderson
Chief Operating Officer
Mike Daigle
Chief Technical Officer
Shawn Monteith
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We do our best to report on every notable VC transaction. VC investment data records reported here come from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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