iPhone App Company Raises Seed Round

Instinctiv, an Ithaca, N.Y.-based provider of an iPhone application for streamlining music libraries, has raised $750,000 in seed funding. Backers include Cayuga Venture Fund, Rosetech Ventures and individual angels. The company plans to begin raising a Series A round this fall, with a target of around $5 million.

 

PRESS RELEASE

Instinctiv, (www.instinctiv.com), a company dedicated to changing the way that consumers experience their entertainment, emerged from stealth mode today to announce its financing and the launch of its first product, Instinctiv Shuffle