Intelligent Imaging Systems and Drivewyze Score $7.5M in Series A Financing
Intelligent Imaging Systems (IIS) and its subsidiary, Drivewyze, said Thursday that it has received US$7.5 million in Series A financing. Emergence Capital Partners and iNovia Capital led the round. The funding will be used for product development in addition to sales and marketing expansion. Headquartered in Edmonton, Alberta and Burlingame, Calif., IIS and Drivewyze are providers of transportation technology. Update: IIS and Drivewyze were previously backed by BDC Subordinate Financing, the quasi-equity investment arm of the Business Development Bank of Canada.
22 August 2013•4 mins read
