Embotics, a start-up based in Ottawa, raised $12.1 million for its multi-cloud management software for public and private cloud environments.
The funding came from Arrowroot Capital.
“We are thrilled to partner with Arrowroot to support our objective of creating the world’s leading cloud management software company,” said Michael L. Torto, CEO of Embotics. “We continue to execute on our company’s mission of delivering the easiest and most powerful multi-cloud management solutions while driving down operational costs and providing intelligent IT automation and controls for our customers. The investment capital comes at a perfect time to help us step on the gas and speed our growth.”