McRock Capital invests in Invixium's Series B financing, ups stake
McRock Capital has increased its stake in Invixium, a Toronto-based maker of biometric solutions and software analytics for access control and workforce digitalization. McRock, a Canadian industrial internet-of-things venture capital firm, invested through the company's Series B financing. As a result, it is Invixium's largest shareholder. The undisclosed round was led by Connecticut Innovations, which Invixium reported this month agreed to invest up to $1 million, and joined by existing investor BDC Capital. Founded in 2012 by CEO Shiraz Kapadia, Invixium recently launched its TITAN line, a biometric device with facial recognition and finger vein or fingerprint authentication.
28 May 2019•3 mins read
