Georgian leads $22.5 mln Series B funding of Sentient Science

Sentient Science, a U.S. materials science-based software-as-a-service company, has raised US$22.5 million in a Series B financing. The round, Sentient's third since its founding in 2001, was backed by Canadian growth equity firm Georgian Partners. Buffalo, New York-based Sentient provides prognostic health monitoring and life extension actions to reduce costs and improve the reliability of rotating mechanical equipment, such as wind turbines. It will used the funds raised for new hires, software platform enhancements, and to facilitate the company's entrance into the commercial aerospace and rail markets.

CanadaNorth AmericaBriefs