Tech Company Financing Transactions

Embotics Funding Round

Embotics, based in Kanata ON, secured $12.1 million from Arrowroot Capital.

Transaction Overview

Company Name
Announced On
6/10/2016
Transaction Type
Venture Equity
Amount
$12,100,000
Round
Undisclosed
Investors

Arrowroot Capital (Matthew Safaii)

Proceeds Purpose
Embotics will use the funds to drive customer acquisition and expansion through increased investment in sales and marketing initiatives as well as product development.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
515 Legget Dr. 300
Kanata ON, K2K 3G4
Canada
Email Address
Overview
Embotics delivers an easy and powerful multi-cloud management platform for enterprise IT and managed service providers to automate and control their virtualized and cloud environments.
Profile
Embotics LinkedIn Company Profile
Social Media
Embotics Company Twitter Account
Company News
Embotics News
Facebook
Embotics on Facebook
YouTube
Embotics on YouTube

Management Team

Title
Name
Email & Social
Chief Financial Officer
Wynand Stassen
  Wynand Stassen LinkedIn Profile  Wynand Stassen Twitter Account  Wynand Stassen News  Wynand Stassen on Facebook
Chief Marketing Officer
Dan Murphy
  Dan Murphy LinkedIn Profile  Dan Murphy Twitter Account  Dan Murphy News  Dan Murphy on Facebook
Founder
Jay Litkey
  Jay Litkey LinkedIn Profile  Jay Litkey Twitter Account  Jay Litkey News  Jay Litkey on Facebook
VP - Product Management
Mark Jamensky
  Mark Jamensky LinkedIn Profile  Mark Jamensky Twitter Account  Mark Jamensky News  Mark Jamensky on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/10/2016: TravelPerk venture capital transaction
Next: 6/10/2016: Freenome venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to report on funding rounds that are announced publicly. All VC database entries reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary