Tech Company Financing Transactions
Otodata Wireless Network Funding Round
Otodata Wireless Network, operating out of Montreal QC, scored $7.5 million in investment from CIBC Capital Partners.
Transaction Overview
Company Name
Announced On
1/17/2020
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Undisclosed
Investors
CIBC Capital Partners (Eric Laflamme)
Proceeds Purpose
This capital will be used to support the company's product diversification and growth across North America.
Company Information
Company Status
Private & Independent
Industry
Wireless
Mailing Address
9280 Blvd. de l'Acadie
Montreal QC, H4N 3C5
Canada
Montreal QC, H4N 3C5
Canada
Phone
Website
Email Address
Overview
Otodata has been a key player in the tank monitoring industry for over eight years. Our goal has always been to produce a monitor with very low cost of ownership - making large-scale implementation affordable for all fuel resellers.
Management Team
Title
Name
Email & Social
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