Maintenance Assistant raises $5 mln in BuildGroup-led Series A
Toronto-based maintenance software provider Maintenance Assistant Inc has raised $5 million in a Series A financing led by BuildGroup, a U.S. venture capital firm. Launched in 2012, Maintenance Assistant has developed a cloud-based software platform that helps businesses to handle corrective, preventative and condition-based maintenance for equipment and assets. It plans to use the proceeds of the Series A round to fuel growth in the mid-market and enterprise segments. It will do this by adding to its team, bringing more resources to sales and marketing, and advancing product development. Maintenance Assistant has also been backed by Canadian angel investors.
11 March 2016•4 mins read
