McRock Capital leads $3 mln Series A funding of RtTech Software
Canadian venture capital firm McRock Capital has led a $3 million Series A financing of RtTech Software Inc, a Moncton, New Brunswick-based developer of software apps that provide operational intelligence for industrial facilities. New Brunswick Innovation Foundation, which invested in the company in 2012, also participated in the round. The McRock investment was made by McRock iNFund, an industrial Internet of Things fund. Last month, the fund secured commitments from Cisco Investments, Teralys Capital and BDC Capital. As a result of the close of RtTech's Series A round, McRock's Scott MacDonald and Whitney Rockley have joined the company's board of directors.
24 February 2015•2 mins read
