Deal Announcements

CoolIT Collects Second VC Financing Round

Thursday, October 06, 2011 5:41:00 AM PDT | VentureDeal Staff

Calgary, Alberta  --  Electronics cooling company CoolIT has received $6.2 million in its second round of institutional venture capital financing.

CoolIT provides a range of electronic products that cool computers and components.

iNovia Capital led the round, which also included Chart Venture Partners and other investors.

The company said it would use the financing for working capital and to increase its manufacturing capacity.

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