Wearable tech platform OMsignal raises $10 mln in fresh funding
Montréal smart apparel provider OMsignal Inc has raised a US$10 million investment led by Canadian mobile venture capital firm Relay Ventures. The round, which builds on the company's Series A financing in mid-2014, was joined by MAS, Bessemer Venture Partners, Techstars Ventures, Real Ventures, Mistral Ventures, Primera Capital, Investissement Québec and Export Development Canada. OMsignal also announced the launch of OMbra, a smart sports bra embedded with sensor technologies, and OMrun, a mobile app. Both new products were designed for women runners. OMsignal was founded in 2011 by Stephane Marceau and Frederic Chanay.
19 September 2016•4 mins read
