Relay Ventures leads $10 mln Series A funding of Circle Media

Circle Media Inc, a U.S. connected home device management company, has raised US$10 million in a Series A financing. The round was led by Canadian venture capital firm Relay Ventures. Founded in 2014, Circle develops products used by families to manage all their connected devices. The company's flagship product, Circle with Disney, helps parents oversee network devices through a simple companion app. It will use the funds raised to accelerate growth of U.S. users, expand globally, and enhance its product offering. Last November, Relay closed its third mobile fund, Relay Ventures III, at $200 million.

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