Embotics secures new 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 $[mepr-active rule=”374″ ifallowed=”hide”]#SUBSCRIBERS ONLY CONTENT – 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″]1.5 million from Arrowroot Capital. The financing closed on March 14, 2018. The company had previously raised US $1.5 million from Arrowroot Capital in 2017. Arrowroot Capital invested US $12.1 million in Embotics in May 2016.

Embotics Corporation is also backed by VentureLink Innovation Fund Inc.

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.[/mepr-active]

Embotics is the cloud automation company for IT organizations and service providers that need to improve provisioning or enable self-service capabilities.

Embotics vCommander® is an easy-to-use, platform-neutral CMP with the fastest time-to-value in the industry—it can be implemented in hours. It allows IT organizations to deliver IT-as-a-Service (ITaaS) from a single console while continuously monitoring resources to optimize the automation, deployment, and configuration of IT services across private, public and hybrid clouds.

photo credit: Embotics