web analytics
New Clean Tech Manufacturing Facility Opens in Vaughan Aurora Headquartered Magna Acquires VIZA Geca to Bolster Its Seating Capabilities

Aurora-Based Cybeats Announces $3M Investment for Cybersecurity and Lifecycle Management for IoT Devices

CybeatsTORONTO–Cybeats, a rapidly growing cybersecurity company protecting Internet of Things (IoT) devices, today announced it has raised $3 million to expand the team in Toronto and abroad.

The round was led by early-stage venture capital fund Ripple Ventures, with investment from real estate technology venture capital fund GreenSoil Building Innovation Fund, and participation from MaRS IAF, MLA48, ScaleX and inovia capital. The funding will be used to expand sales, research and development, and Cybeats’ enterprise capabilities with a focus on smart buildings, medical devices and critical infrastructure. As part of the financing, Cybeats welcomes to its board Matt Cohen, Founder and Managing Partner, Ripple Ventures and Susan McArthur, Managing Partner, GreenSoil Building Innovation Fund.

Full Article: businesswire.com


The Regional Municipality of York
Economic Strategy Office
17250 Yonge Street
Newmarket, Ontario, Canada
L3Y 6Z1

York Link
169 Enterprise Boulevard
Markham, Ontario, Canada
L6G 1B3

Zoom in Regular Zoom out
York Region Logo