Toronto, Ontario — (May 28, 2019) – McRock Capital, a leading venture capital fund manager focused  exclusively on the Industrial Internet of Things (IIoT), announced today that McRock iNFund LP has  increased its ownership in Ontario-based Invixium and is the largest shareholder through its continued  participation in the company’s Series B financing. The new investment round was led by US-based  Connecticut Innovations with participation from existing investor BDC Capital. 

Invixium is a leading global provider of advance biometric solutions and software analytics for access  control and workforce digitalization. Invixium recently launched its TITAN product line, the world’s most  sophisticated and rugged biometric device with facial recognition and finger vein or fingerprint  authentication.  

“The launch of TITAN is an industry game changer that expands the use of biometrics into industries with  mass workforces while providing employers with accurate workforce management analytics. Our  solutions allow companies to digitally transform the tracking of their workers by eliminating manual, slow  and inaccurate processes prone to error and fraud,” said Shiraz Kapadia, Founder & CEO of Invixium. “In  a single deployment, we have helped a customer save in excess of 20% on inaccurate labour costs.”

In 2019, Invixium delivered its largest order in the company’s history to provide workforce authentication  and digital time and attendance confirmation for thousands of construction labourers that arrive at  construction sites each day. Invixium’s facial recognition technology is capable of processing 15 to 18  people in 1 minute and avoids the challenges of traditional tracking methods. 

“The hourly-paid labour force represents a significant business cost and the methods for hourly workforce  management are ripe for a more accurate digital IoT solution,” said Scott MacDonald, Co-founder and  Managing Partner of McRock Capital. “We see massive potential for this Canadian company and the Series  B financing will further advance their workforce management software analytics capabilities.”  

McRock’s co-founders, Scott MacDonald and Whitney Rockley continue to serve on Invixium’s Board of  Directors. 

About McRock Capital – McRock is the first dedicated Industrial Internet of Things (IIoT) venture capital  fund focused on the intersection of sensors and software in large industrial markets. The McRock team  has a unique background of building high-growth venture-backed IIoT companies while also having  worked in the power, water, oil and gas industries. McRock is backed by several leading institutional  investors as well as Cisco Systems, Électricité de France (EDF), and Caterpillar.  

Visit www.mcrockcapital.com and follow on Twitter @McRockCapital 

About Invixium – Invixium is a world leader in advanced biometric solutions utilizing face, finger vein and  fingerprint recognition for access control and workforce digitalization. Their fully integrated hardware and  software solutions provide meaningful analytics to enterprises and industries for increased productivity  and security. Headquartered in Markham, Ontario with presence in India, Middle East, UK and USA, the  company has sold 1000s of devices and software solutions to 300+ customers in over 60 countries. 

Visit www.invixium.com and follow on Twitter @Invixium

Toronto, Ontario–(January 10, 2019) – McRock Capital has held a subsequent close on its latest venture  capital fund, McRock Fund II LP, dedicated to investing in the global trend around the Industrial Internet  of Things (IoT). The $100 million fund has announced the addition of several global corporations and  world-class financial investors including Teralys Capital, Kensington Capital Partners, Caterpillar Ventures,  and a large pension fund.  

McRock Fund II was launched in August 2019 with participation from Cisco Investments, Shell, Mitsubishi  Corporation, BDC Capital, Export Development Canada, Alberta Enterprise Corporation, and HarbourVest. 

“Teralys is proud to extend its support of McRock Capital, a specialized investment fund dedicated to the  rapidly growing IIoT sector,” said Eric Legault, Managing Partner of Teralys Capital. “The founding partners  of McRock have backed some very successful entrepreneurs and early disruptors over their careers and  will use their experience to support the next generation of high growth companies in that sector. The  continuation of such a specialized venture capital franchise is great for the venture capital ecosystem in  Canada.” 

“The McRock team is well connected in the Industrial IoT ecosystem and Kensington is a firm believer in  backing fund managers who have deep sector expertise, and McRock perfectly fits into our portfolio mix,”  said Suganya Tharmalingam, Managing Director & CFO of Kensington Capital Partners.  

About Teralys Capital 

Teralys Capital is a private fund manager financing private venture capital funds investing in innovative  businesses in information technologies, life sciences, and clean & industrial innovations. Our partner funds  cover the entire investment spectrum from early stage start-ups to expansion, growth and technology  buy-outs. With more than $2 billion in assets under management across four venture capital funds of 

funds and two additional legacy portfolios of funds, Teralys Capital is the largest innovation-focused  investor in Canada. Visit teralyscapital.com. For more information, visit www.teralyscapital.com 

About Kensington Capital Partners 

Kensington is a leading independent Canadian investor in alternative assets. Founded in 1996, and with  over $1.5 billion invested in private equity, venture capital, and alternative assets. Kensington’s active  management approach and relationship-based business has generated top quartile returns for investors. For more information, visit www.kcpl.ca 

About Caterpillar Ventures 

Caterpillar Venture Capital Inc. (Caterpillar Ventures) assists entrepreneurs around the world to grow and  scale their businesses to build today for a better tomorrow by leveraging Caterpillar’s industry expertise,  supply base and independent dealer network. Caterpillar Ventures’ focus areas of investment include  robotics, energy, advanced materials, and digital solutions that help our customers be successful.  Caterpillar Ventures is a wholly owned subsidiary of Caterpillar Inc., the world’s leading manufacturer of  construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel- -electric locomotives. For more information, visit Caterpillar Ventures 

About McRock Capital 

McRock is an investment firm co-founded by venture capital veterans Scott MacDonald and Whitney  Rockley and invests exclusively in Industrial IoT companies across Canada, the US, and Europe. The  Industrial IoT is about the intersection of sensors and software in large industrial markets. For more  information, visit www.mcrockcapital.com. Follow McRock Capital on Twitter @McRockCapital 

Media: 

Scott MacDonald 

McRock Capital  

647 478 9337 ext 1 

scott@mcrockcapital.com

Toronto, Ontario–(November 26, 2018) – McRock Capital, a leading venture capital fund manager focused  exclusively on the Industrial Internet of Things (IIoT), announced today that it has increased its ownership  in Barcelona-based Worldsensing through a follow-on financing. 

Worldsensing, a global leader in smart cities and IIoT solutions, already works with over 200 customers  across 50 countries connecting systems, people and infrastructure. This enables real-time decision making, helping optimise city traffic flow, monitor critical infrastructure projects & assets, deliver insights  in mining operations and improve the efficiency of construction projects.  

“As Worldsensing has experienced strong revenue growth across its risk management and process  efficiency solutions, our capital injection fast-tracks the near-term growth of the business as the company  prepares for a larger capital raise in 2019” said Scott MacDonald, Co-founder and Managing Partner of  McRock Capital.  

“We are having a record year in revenue growth as our industrial customers and cities around the world  experience the benefits of our IoT solution. As an example, we were just awarded a major operational  intelligence project in Vietnam,” said Ignasi Vilajosana, CEO at Worldsensing.  

About McRock Capital – McRock is the first dedicated Industrial Internet of Things (IIoT) venture capital  fund focused on the intersection of sensors and software in large industrial markets. The McRock team  has a unique background of building high-growth venture-backed IIoT companies while also having  worked in the power, water, oil and gas industries. McRock is backed by several leading institutional  investors as well as Cisco Systems, Électricité de France (EDF), and Caterpillar. 

Visit www.mcrockcapital.com and follow on Twitter @McRockCapital. 

About Worldsensing – Worldsensing is a widely recognized global IoT pioneer. Founded in 2008, the  Barcelona-based technology provider delivers Operational Intelligence to traditional industries and cities.  With a team of more than 70 staff based in Barcelona, London and Los Angeles, Worldsensing is globally  active and has already delivered projects in over 50 countries across 5 continents.  

With a focus on developing integrated software and hardware solutions for both smart city and industrial  applications, the company’s flagship products are its integrated City Operational Intelligence Solution  Mobility, Loadsensing – the Connected Infrastructure Solution – and Fastprk – its Parking Management  System.  

Visit www.worldsensing.com and follow on Twitter @Worldsensing

Ha Nguyen, Siddharth Srivastava, Udit Bhatnagar 

Toronto, Ontario–(November 19, 2018) – McRock Capital, a venture capital (VC) fund manager focused  exclusively on the Industrial Internet of Things (IIoT), announced today that it has promoted Ha Nguyen  to Vice President and added Siddharth Srivastava as Vice President and Udit Bhatnagar as Associate. 

McRock Capital was founded by Scott MacDonald and Whitney Rockley in 2012 and became the first VC  firm exclusively investing in the rapidly growing Industrial IoT Markets. Combining next generation data  analytics (AI) with the growing data from internet-connected machines and sensors is revolutionizing  every industrial sector and advancing urban city infrastructure. As McRock continues to build a portfolio  of companies across North America and Europe, the expansion of the investment team comes at a time  when sectors like smart cities have grown at a CAGR of 35% since 2014 and is expected to reach US $133  billion by 2019.  

Ha Nguyen has been promoted to Vice President. Ha joined McRock in 2017 as an Associate after  immigrating to Canada from Vietnam. Ha is based in McRock’s Calgary office and has been a key member  of the investment team scouting new investment opportunities, conducting due diligence and managing  McRock’s industry leading annual IIoT Symposium.  

Ha has significant experience with market and financial analyses, deal sourcing, investment valuation,  investor relations and portfolio management having worked at Vietnam-focused fund of MAJ Invest, a  Danish private equity firm, and Boston-based IDG Ventures Vietnam in Ho Chi Minh city. Through Ha’s  work with companies and investment funds, she has gained tremendous international experience in the  United States, Denmark, Singapore, Japan and China.

Siddharth Srivastava has joined as Vice President in McRock’s Toronto office. Most recently Siddharth  worked in investment banking in Mumbai and London for independent advisors such as EY and Rothschild.  He managed the full lifecycle of sourcing, execution and closure for transactions in the India and global  technology space. His areas of focus extended across traditional and emerging areas of the technology  spectrum – from IT and BPO Services to consumer internet, digital media, fintech and analytics. 

Siddharth was drawn to venture investments because of his passion for start-ups and often found himself  as a sounding board for entrepreneurs on strategy and growth, while advising on transactions. Through  his work on cross-border transactions, he brings a deep global network and outlook to portfolio  companies. 

Siddharth earned a Bachelor of Arts degree in Economics from Grinnell College, a liberal arts school in the  United States and holds a Master of Science degree in Finance from the London School of Economics in  the United Kingdom. 

Udit Bhatnagar has joined as an Associate. Udit has a highly diverse background in technology, finance  and venture capital. Prior to joining McRock, Udit coordinated angel investor syndicates in India to help  various technology companies secure funding. Udit has developed a global perspective and an  understanding of technology driven impact in diverse sectors while working in Spain, Denmark, Japan and  India. He started his career with Infosys, a leading technology services company in India and spent many  years in the banking and insurance sectors. He has also worked at Danske Bank, a leading bank in the  Nordic region and was part of the founding team in a US-based product start-up. Most recently he headed  up the due diligence team at Keiretsu Forum in India. Udit managed deal screening, financial analysis,  market and competitive analysis and investor relations while building investment syndicates. 

Udit received an MBA degree from IE Business School in Madrid, Spain. During the MBA program, he was  selected to attend an exchange semester at the University of Toronto’s Rotman School of Management  in Canada. He holds a bachelor’s degree in Industrial engineering from Visvewaraya Technological  University in Belgaum, India. Udit speaks English, Hindi and Spanish. 

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About McRock Capital – McRock is the first dedicated Industrial Internet of Things (IIoT) venture capital  fund focused on the intersection of sensors and software in large industrial markets. The McRock team  has a unique background of building high-growth venture-backed IIoT companies while also having  worked in the power, water, oil and gas industries. McRock is backed by several leading institutional  investors as well as Cisco Systems, Électricité de France (EDF), and Caterpillar.  

Visit www.mcrockcapital.com and follow on Twitter @McRockCapital.

Toronto, Ontario–(May 7, 2018) – McRock Capital, a venture capital fund manager focused exclusively on  the Industrial Internet of Things (IIoT), announced today that it has led a $15 million financing in Kitchener based Miovision, a leader in smart traffic intersection technology. As part of the financing, McRock Co founder Whitney Rockley has joined Miovision’s Board of Directors.  

Miovision’s smart intersection solutions have been installed by more than 100 state transportation  departments and city agencies in North America, while its AI-based video traffic data collection product  has been used in over 17,000 municipalities globally. 

The financing round, which includes McRock’s Limited Partners BDC Capital and HarbourVest along with  existing investor MKB, will help Miovision weave its smart intersection technology even deeper into the  fabric of smart cities. As the technology is based on open architecture, cities are able to make intersections  the backbone of their mobility strategy. Open architecture makes it easy to connect smart intersections  to other mobility solutions such as emergency vehicle pre-emption, which allows first responders to get  priority access to intersections. 

“Most intersections today use decades-old technology that restricts cities from truly innovating,” said  Kurtis McBride, CEO and co-founder of Miovision. “We’re completely reimagining the intersection from  the ground up to take advantage of modern computing power, advances in artificial intelligence and open 

architecture. The result is a smart intersection that can understand and adapt to the constantly changing  conditions of city streets.” 

“Rapid urbanization is a global phenomenon that is driving the need for connected and intelligent smart  cities,” said Whitney Rockley. “Miovision has created the digital traffic intersection that enables real-time  adaptive traffic control and infrastructure communication with connected cars, emergency response  vehicles, public transit, pedestrians and cyclists. These will be critical functions in cities of the future.” 

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About McRock Capital – McRock is the first dedicated Industrial Internet of Things (IIoT) venture capital  fund focused on the intersection of sensors and software in large industrial markets. The McRock team  has a unique background of building high-growth venture-backed IIoT companies while also having  worked in the power, water, oil and gas industries. McRock is backed by several leading institutional  investors as well as Cisco Systems, Électricité de France (EDF), and Caterpillar.  

Visit www.mcrockcapital.com and follow on Twitter @McRockCapital. 

About Miovision – Miovision is helping build tomorrow’s smart cities by transforming the way traffic  networks are managed today. Backed by the world’s most advanced traffic AI, Miovision’s innovations in  traffic planning and operations have made it possible for cities to improve the transportation experience  for drivers, cyclists, and pedestrians since 2005. With offices in Kitchener, Canada and Cologne, Germany,  Miovision serves over 17,000 municipalities worldwide. 

Visit www.miovision.com and follow on Twitter @Miovision