Clearwater, Gymtrack net up to $4.4 mln from angels, BDC, FedDev
Two Ottawa-based startups, Clearwater Clinical Inc and Gymtrack Inc, have secured $650,000 and $805,000, respectively, from the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). FedDev said the investment will leverage up to $2.95 million in additional funding from BDC Capital and angel investors. Clearwater, a developer of mobile medical devices, in late 2014 raised $2 million in a round led by BDC Capital Healthcare Fund. Gymtrack, an exercise planning and coaching software provider, last year raised $2.5 million in a round led by White Star Capital and Real Ventures.
11 April 2016•3 mins read
