Contextere wins $1.4 mln investment from Lockheed Martin

Ottawa industrial Internet-of-Things software provider Contextere Corp has raised about $1.4 million (US$1.1 million) in funding from strategic investor Lockheed Martin (NYSE: LMT), a U.S. security and aerospace company. The investment's proceeds will allow Contextere to design and deliver an intelligent personal agent for aerospace and defense maintenance personnel. Founded in 2015, Contextere focuses on developing software solutions for the connected workplace. Led by CEO Gabe Batstone, it has previously raised seed financing from U.S. venture capital firms SOSV and Urban-X.

18 July 2017•3 mins read
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