Avon web-connected products maker iDevices has raised $4.3 million in an investment round that includes money from the state’s quasi-public venture capital arm, Connecticut Innovations, CI announced.
iDevices plans to use the money as working capital and to introduce new products and help scale its business, CI said.
Other investors include Stonehenge Capital, which put up $1.25 million, and unnamed angel investors, who also put up $1.25 million.
CI first invested $150,000 in the company in 2011 to help support the launch its iGrill product, a Bluetooth-connected meat thermometer that Omaha Steaks has since integrated into its free phone app to help grillers keep tabs on their steaks from up to 200 feet away.
iDevices has introduced other products, such as a Bluetooth-connected shower speaker.
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