Bit Stew to expand commercial horizons with GE-led $17.2 mln funding
Bit Stew Systems, a Canadian provider of data integration and management solutions to utilities, has closed a Series B financing to bring its technology to a broader range of customers, including energy businesses. The round, which provided Bit Stew with US$17.2 million in fresh capital, was led by the venture investment arm of U.S. conglomerate General Electric (GE), the second major strategic investor to throw its weight behind the startup.
12 May 2015•3 mins read
