Brunvalley Cloud Solutions secures first round of financing

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By Ted Liu

Brunvalley Cloud Solutions Inc., a stealth mode company, has closed a first round of private financing, raising $1,000,000 through the issuance of 1 million common shares priced at $1 per share. 18 investors from New Brunswick and 2 investors from Alberta participated in the financing.

Brenton Kean acts legal counsel to Brunvalley.

Brunvalley Cloud Solutions is developing disruptive technology using artificial intelligence that will be make buying insurance simple.

Brunvalley Cloud Solutions is led by [mepr-active rule=”374″ ifallowed=”hide”]#Subscribers ONLY – where and how did you get your news? Subscribe today to see our research on this and all other subscriber ONLY news. Be informed!#[/mepr-active][mepr-active rule=”374″]Karl Greenlaw, President and currently sole director. Quispamsis, New Brunswick based Brunvalley Cloud Solutions was incorporated in October 2017. Greenlaw was the founder & CEO of Brovada, an insurance processing software company which was acquired by Towers Watson for US $15-million in 2015.[/mepr-active]

photo credit: Brunvalley Cloud Solutions