Independa Raises $5M In Series A

San Diego-based Independa, the developer of electronics products and software to help seniors live independently longer, has raised $5M in its Series A funding round, the firm announced this morning. The firm said the funding came from City Hill Ventures, strategic partner LG Electronics USA, and other investors. Independa is led by Kian Saneii. Independa said the new funds will go to expand its network of distributors and channel partners, and also will go towards R&D, sales, and marketing. More information »