McRock Capital leads $4 mln Series A financing of Invixium
Toronto-based Invixium, a maker of biometric security products, has secured $4 million in Series A financing. The round was led by McRock iNFund LP, an industrial Internet of Things fund managed by Canadian venture capital firm McRock Capital. Founded in 2012, Invixium provides biometric solutions that help ensure physical access security at enterprises and industrial facilities. It has so far sold over 3,500 products to customers in the Middle East, North Africa, India and North America. As a result of the investment, McRock Managing Partners Scott MacDonald and Whitney Rockley will join Invixium's board of directors. McRock iNFund LP raised $65 million in commitments in its final close in August.
27 October 2015•3 mins read
