McRock Capital’s industrial Internet fund beats target with new commitments
McRock iNFund LP, a fund managed by Canadian venture capital firm McRock Capital, has secured undisclosed investments from Alberta Enterprise Corp and Kensington Venture Fund. The latest commitments, which follow those received from Cisco Investments, Teralys Capital Innovation Fund and BDC Capital in late 2014, helped the fund to exceed its target. McRock iNFund invests in the intersection of sensors and software in large industrial markets, a.k.a. the industrial Internet of things. Co-founded by Scott MacDonald and Whitney Rockley, McRock in February led the Series A financing of RtTech Software Inc, a solutions provider focused on enhancing industrial capabilities.
8 April 2015•3 mins read
