Librestream Technologies raises $11 mln in Emerald-led round
Librestream Technologies Inc has secured $11 million in financing. Emerald Technology Ventures led the round and was joined by BDC Capital and other investors. Based in Winnipeg, Librestream provides mobile video collaboration solutions to energy, field service, manufacturing, and public sector industries. Its Onsight platform is deployed on over 10 million devices worldwide. Librestream said it would use the round's proceeds to advance growth plans through the addition of sales and marketing resources and acceleration of the product road-map. With the investment, Emerald's Charles Vaslet and BDC's Geoff Catherwood have joined the company's board of directors.
15 March 2016•3 mins read
