Partner One-owned StrongBox nabs $34.4 mln in funding

StrongBox Data Solutions, a Montréal-based cognitive data management and archive solutions provider, has raised about $34.4 million (US$27 million) in funding. The round was led by Fonds de solidarité FTQ, which accounted for a US$20 million investment, and joined by other investors, including Partner One Capital, the company's controlling shareholder. StrongBox provides businesses, governments and other organizations with solutions for automating data and storage management. Led by CEO David Cerf, it will use the funds raised to accelerate the global marketing of its StrongLink technology. Partner One is a Canadian enterprise software investor.

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