Boombotix, the San Francisco-based wearable audio company merging next-gen audio hardware and software, today announced a $4 million strategic investment from new and existing investors. New investors include Social+, Baseline, Red Hills, Great Oaks and Grishin Robotics, while existing investors participating in the round include Walden Venture Capital and David Dolby.
Boombotix raises $4 million in funding
Kickstarter funding will often lead to the more traditional kind, and in the case of Boombotix, that’s exactly what happened. The California startup raised $17,000 for its music syncing app, which allows people to synchronize playback of music across multiple devices using mobile networks, and nearly $130,000 for its Boombot Rex mobile Bluetooth action-ready portable speaker. Now, it has also raised $4 million in venture funding from Social+ Capital, Baseline, Red Hills and many others. May of its partners in this round are strategic in nature, and Boombotix co-founder Lief Storer says they were chosen for their ability to help build the brand.
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