Wednesday, May 12, 2021

Qsic Connects With $3.1M

Aliso Viejo-based Qsic, which develops in-store music streaming systems that the company calls "smart in-store infrastructure", says it has raised $3.1M in a Series A funding round. The funding was led by Carthona Capital. The company--which was founded in Australia in 2012--says it will use the funding for US growth, plus national rollout of its platform. The company's founders are Matt Elsley and Nick Larkins. The company says its customers include McDonald's and 7-Eleven. The company says it is developing "AI-driven, in-store ecosystems" focused on "intelligent audio infrastructure." More information »