Cinnos MCI, a Hamilton, Ontario, Canada-based high-tech startup providing a data centre appliance, raised over $2.3m in equity financing.
The round was led by the Burlington-based Angel One Investor Network and included angel investors from the Hamilton, Burlington and the Greater Toronto Area, as well as Ontario Centres of Excellence (OCE) through its Market Readiness Company Building (MRCB) program.
The company intends to use the funds to build its next generation of the Mission Critical X (MCX), and for global expansion.
Founded by CEO Hussam Haroun in June 2015, and co-founder, Cinnos has developed and commercialized The Cinnos Smart MCX™, a data centre appliance that enables immediate deployment and a pay-as-you-grow model for data centre providers.
FinSMEs
19/12/2016