BlueLight Analytics lands $3 mln in CIC Capital-led Series A

BlueLight Analytics, a Halifax-based data-driven dental technology company, has raised $3 million in a Series A financing. The round was led by CIC Capital Ventures, an investment arm of French private equity firm CM-CIC Investissement. It was joined by Canadian early-stage venture capital firm Innovacorp. Founded in 2009 at Dalhousie University, BlueLight develops technologies to improve light curing in dentistry and advance value-based dental care. Its solutions have been used in thousands of light evaluations in more than 35 countries. Led by CEO JP Furey, BlueLight will use the funds raised for scaling operations, product development, expanding its global reach, and sales and marketing.

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