CoolIT Systems Inc., a Calgary, AB, Canada-based provider of cooling systems, has completed a $6.2m series B financing.
Backers include existing investor iNovia Capital and new investor Chart Venture Partners, L.P.
The financing will support the increased working capital and manufacturing capacity.
Led by CEO & CTO Geoff Lyon, CoolIT has developed maintenance free liquid cooling technology and delivers high-performance cooling systems to system manufacturers, data centre operators and retail customers.
FinSMEs
05/10/2011