SensorSuite Inc., a Toronto, ON, Canada-based Internet of Things (IoT) company, closed a funding round of undisclosed amount.
Backers included Extreme Venture Partners, BDC Capital, and private angels.
The company intends to use the funds to support growth plans for its project pipeline and develop its monitoring and energy management platform.
Led by Robert Platek, Founder and Chief Executive Officer, SensorSuite provides innovative wireless monitoring and energy saving solutions for multi-residential, commercial, and industrial buildings.
The company’s system implements advanced mobile commissioning apps, as well as a wireless sensor network architecture suitable for controlling a single suite, entire floor, or multi-building installation.
The networks and control systems are currently deployed in three million square feet of commercial space across customers in grocery stores, hotels, gyms, condos, and multi-residential apartment buildings.