Bit Stew raises Series C

Bit Stew Systems announced May 19 an initial close of a Series C found. Financial terms weren’t disclosed. Investors include Yaletown Partners, GE Ventures, BDC Capital and Kensington Capital Partners. Burnaby, British Columbia-based Bit Stew provides a platform for complex data integration, data analysis, and predictive automation for connected devices on the Industrial Internet of Things (IIoT).

Source: PRnewswire