SimpTek Technologies secures $700k from NBIF, angel investors
Fredericton-based software company SimpTek Technologies Inc has raised $700,000 in follow-on funding. The round was led by New Brunswick Innovation Foundation and joined by several angel investors. Founded in 2014, SimpTek is a provider of intelligent power management solutions for homeowners and utility companies. Led by CEO Asif Hasan and CTO Keelen Gagnon, the startup plans to use the funds raised to expand technical, sales and marketing capacity, and prepare it for growth across Canada and the United States.
20 October 2016•4 mins read
