iNovia Capital co-leads $5.5 mln seed round of Armored Things
Armored Things has raised US$5.5 million in a seed-stage financing. The round was led by U.S. venture capital firm Glasswing Ventures and Canadian firm iNovia Capital and joined by new and existing investors. As a result, Todd Simpson, an iNovia partner, will join the board. Based in Boston, Armored Things uses Internet-of-Things devices and their data to provide safety to large venues, such as schools, stadiums and streets. The company will use the funds raised for platform development and sales and marketing in advance of an initial product release next year.
18 July 2018•3 mins read
