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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.



Instinctiv, (, 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