Canvass Analytics secures $6.5 mln in Google-led financing
Canvass Analytics, a Toronto-based provider of artificial intelligence (AI)-enabled predictive analytics for the industrial internet of things, has raised about $6.5 million in financing. The round was led by Gradient Ventures, the AI venture capital arm of Google. It was joined by new investors Bedrock Industries and Viaduct Ventures, as well as existing investors Real Ventures and Barney Pell. Launched in 2016 and led by CEO Humera Malik, Canvass' technology helps industrial customers to rapidly implement and scale automated industrial operations. Its users include automotive, aerospace, energy, and food and agriculture companies. Canvass said it will use the funds raised for growth.
21 August 2018•4 mins read
