McRock Capital joins $6 million Series A round of financing for mnubo

1 minute read
14 May 2015

On May 14, 2015, McRock iNFund LP, an Industrial Internet of Things (IIoT) venture capital fund managed by McRock Capital, announced its participation in the $6 million Series A financing of mnubo, the Internet of Things (IoT) Data Analytics Startup, alongside of White Star Capital.

McRock is the first dedicated IIoT venture capital fund focused on the intersection of sensors & software in large industrial markets. McRock invests across Canada and the US in grid automation, digital oilfield, advanced manufacturing and smart city markets.

Gowlings advised McRock with respect to this transaction with a team that included Derek Keay and Danielle Mulaire.

NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.

Related   Tech, Private Equity