Embotics secures financing

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By Ted Liu

Embotics Corporation, an Ottawa based cloud automation company for IT organizations and service providers, has raised US $1.5 million from Arrowroot Capital.

Embotics Corporation is backed by Arrowroot Capital and VentureLink Innovation Fund Inc.

Arrowroot Capital invested US $12.1 million in Embotics in May 2016.

Embotics board of directors is comprised of CEO Michael Torto, founder & President Jay Litkey, Jim Whitaker of Venturelink, and Matthew Safaii and Kareem El Sawy of Arrowroot Capital.