CoolIT Systems Completes $6.2M Series B Financing

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.



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