03-18-2015, 10:10 AM
(This post was last modified: 03-18-2015, 12:55 PM by panamaniac.)
Kitchener’s Clearpath Robotics gets cash boost to meet high demand
SHANE DINGMAN
The Globe and Mail
One of Canada’s best-regarded robotics firms, Kitchener-based Clearpath Robotics, has received a $14-million cash injection led by U.S. venture capital firms RRE Ventures and iNovia Capital.
The money will be used to expand the company’s work force by as many as 50 people, primarily engineers, to meet the demand for contracts it has signed in the resource and mining industry. ...
http://www.theglobeandmail.com/technolog...e23512224/
Edit: The Record also has the story, with more detail about the company's growth.
http://www.therecord.com/news-story/5512...or-growth/
SHANE DINGMAN
The Globe and Mail
One of Canada’s best-regarded robotics firms, Kitchener-based Clearpath Robotics, has received a $14-million cash injection led by U.S. venture capital firms RRE Ventures and iNovia Capital.
The money will be used to expand the company’s work force by as many as 50 people, primarily engineers, to meet the demand for contracts it has signed in the resource and mining industry. ...
http://www.theglobeandmail.com/technolog...e23512224/
Edit: The Record also has the story, with more detail about the company's growth.
http://www.therecord.com/news-story/5512...or-growth/