Flybits picks up $3.75 mln in financing led by Robert Bosch and Trellis

Flybits Inc has raised $3.75 million in a Series A financing round. The deal was led by German venture capital firm Robert Bosch Venture Capital and Canadian firm Trellis Capital Corp, with the participation of MaRS Investment Accelerator Fund and Ryerson Futures. Based in Toronto, Flybits develops software tools that allow users to create predictive and context-aware computing environments for mobile, wearable and connected devices. Update: Funding proceeds will help advance product development and international growth. Since its 2012 founding, Flybits has raised $4.05 million to date, including a seed round from MaRS Innovation.

20 August 2014•5 mins read
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