McRock leads $12 mln Series B round of Spain's Worldsensing

Canadian venture capital firm McRock Capital has led a $12.3 million (€8.3 million) Series B financing of Worldsensing, a Barcelona, Spain-based smart city and industrial Internet-of-Things solutions specialist. McRock invested alongside ETF Partners and existing investor Cisco Investments. As part of the financing, McRock Managing Partner Scott MacDonald has joined the board. Launched in 2008, Worldsensing has developed technology that provides connected operational intelligence to cities and industries. It currently works with more than 200 customers in over 50 countries. Toronto-based McRock is an investor in the industrial Internet.

17 July 2017•3 mins read
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