Toronto, Ontario–(August 28, 2015) – McRock iNFund LP, an Industrial Internet of Things (IIoT) venture  capital fund managed by McRock Capital, is pleased to announce that it has held a final fund closing on  just over $65 million, the top end of its target. McRock, which seeks to back early-stage revenue generating companies focused on the IIoT sector, closed out the fund with a commitment from the  Harbourvest Canada Growth Fund, managed by global private markets giant HarbourVest Partners. The  HarbourVest fund joins McRock backers Alberta Enterprise Corporation, BDC Capital, Cisco Investments,  Export Development Canada, Électricité de France (EDF), Kensington Venture Fund, L.P., Teralys Capital  Innovation LP and a number of high-profile individuals including Marzio Pozzuoli, the founder and former 

CEO of RuggedCom. 

“McRock is a great example of an emerging breed of Canadian venture managers who are thought leaders in their domain of expertise, in this case in the Industrial Internet of Things, not only in Canada but at a  global level,” said Senia Rapisarda, Principal of the HarbourVest fund. “This domain expertise and global  network is vital for connecting early stage companies with large, global industrial players.” 

“We are incredibly excited to have attracted and partnered with HarbourVest Partners, which is hands down the global leader in the VC asset class,” said Whitney Rockley, Co-founder and Managing Partner of  McRock Capital. “Being part of the HarbourVest family of VC funds, will bring significant value and co investment opportunities to McRock’s portfolio companies and adds yet another leading global investor  to our fund.” 

McRock is targeting initial investments of between $2 million and 4 million, and recently invested in data  analytics firm mnubo and RtTech Software, a software app maker that gathers operational intelligence for  industrial facilities.

About McRock Capital 

McRock is a leading Industrial Internet of Things (IIoT) venture capital fund focused on the intersection of  sensors & 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 and oil & gas  industries. The fund is backed by large institutional investors and has strategic relationships with Cisco  Systems and Électricité de France (EDF). McRock invests across Canada and the U.S. in grid automation,  digital oilfield, advanced manufacturing and smart city markets. For more, visit www.mcrockcapital.com or follow us on Twitter @McRockCapital 

About HarbourVest Partners 

HarbourVest Partners, LLC is an independent private markets specialist, providing investment programs  and customized solutions focused on venture capital, buyout, mezzanine debt, credit, and real assets  through primary fund investments, secondary purchases, and direct co-investments. HarbourVest has  more than 300 employees, including 80 investment professionals, deployed in Asia, Canada, Europe, Latin  America, and the United States. In more than 30 years of investing in private equity, the team has  committed more than $25 billion to newly-formed funds, completed over $11 billion in secondary  purchases, and invested $4 billion directly in operating companies. The firm’s clients include pension  funds, endowments, foundations, and financial institutions around the globe. In April 2015, HarbourVest  announced that it was continuing its global expansion with the establishment of a Toronto location and  the appointment of Senia Rapisarda as a Principal to focus on partnerships and direct co-investments in  Canada. For more, visit www.harbourvest.com

Toronto, Ontario–(July 6, 2015) – McRock iNFund LP, an Industrial Internet of Things (IIoT) venture capital  fund managed by McRock Capital, is pleased to announce that it has added Électricité de France (EDF) Group, one of the world’s leading electric utilities, as an investor. McRock iNFund announced previous closings with investments from Alberta Enterprise Corporation, BDC Capital, Cisco Investments, Export  Development Canada, Kensington Venture Fund, L.P. and Teralys Capital Innovation LP. 

McRock has now added EDF to the fund’s corporate relationships alongside of Cisco Systems, the  worldwide leader in IT networking. EDF reported revenue of €72.9 billion in 2014 with 38.5 million  customers around the world. “Given EDF’s global footprint, strong focus on innovation and interest in the  IIoT, EDF is a very attractive innovation partner and potential customer for McRock’s growing portfolio of  IIoT companies,” said Scott MacDonald, Co-founder and Managing Partner of McRock Capital. “The power  sector is a significant market for IIoT solutions that drive asset optimization and improves power reliability  and overall customer experience.” 

“We are happy to develop this partnership with McRock’s experienced team. Its exclusive focus in the IIoT  sector will provide EDF Group with a unique source of collaboration opportunities between innovative  start-ups and EDF business lines from power generation to electricity transmission. It will also constitute an effective platform to test the most recent IIoT innovations that could improve energy usages of our  industrial customers” said François-Xavier Roussel, Senior Vice President Performance & Innovation. 

Jean-Claude Laroche Chief Information Officer at EDF Group declared “Exploring upcoming innovations in  the digitalisation space is a great challenge for utilities. This partnership with McRock Capital represents  a fantastic Open Innovation initiative to support innovative IIoT companies and operational  implementation of their solutions within EDF Group“ 

About McRock Capital 

McRock is a leading Industrial Internet of Things (IIoT) venture capital fund focused on the intersection of  sensors & 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 and oil & gas  industries. The fund is backed by large institutional investors and has strategic relationships with Cisco  Systems and Électricité de France (EDF). McRock invests across Canada and the U.S. in grid automation,  digital oilfield, advanced manufacturing and smart city markets. For more, visit www.mcrockcapital.com or follow us on twitter @McRockCapital 

About EDF Group 

EDF, one of the leaders in the European energy market, is an integrated energy company active in all areas  of the business: generation, transmission, distribution, energy supply and trading. The Group is the leading  electricity producer in Europe. In France, it has mainly nuclear and hydropower generation facilities where 97.6% of the electricity output is CO2-free. EDF’s transmission and distribution subsidiaries in France  operate 1,285,000 km of low and medium voltage overhead and underground electricity lines and around  100,000 km of high and very high voltage networks. The Group is involved in supplying energy and services  to approximately 38.5 million customers, of which 28.3 million are in France. The Group generated  consolidated sales of €72.9 billion in 2014, of which 45.2% was outside of France. EDF is listed on the Paris  Stock Exchange and is a member of the CAC 40 index. For more information, visit www.edf.com

Toronto, Ontario–(May 14, 2015) – McRock iNFund LP, an Industrial Internet of Things (IIoT) venture  capital fund managed by McRock Capital, announced today its participation in the $6 million Series A  financing of mnubo, the Internet of Things (IoT) Data Analytics Startup, alongside of White Star Capital. 

Over the past year, mnubo has seen an increase of over 400% in the number of connected objects on its  platform, and now counts customers across North America, Europe and Asia. These manufacturers are  using the SmartObjects™ service to ingest, organize, clean and enrich their sensor data, and integrate  the real-time insights and predictions into applications and business processes. 

“Back in 2012, mnubo was a precursor in Data Analytics built specifically for the IoT. Nowadays, it has  become clear to the entire industry that the real business value from the IoT is about transforming the  raw sensor data into actionable insights”, said Frederic Bastien, co-founder and CEO at mnubo. “We are  extremely pleased to welcome McRock Capital as a strategic partner. With their vast experience in the  Industrial IoT markets and their global networks, mnubo is now ideally positioned to grab an impressive  share of both the Consumer and Industrial IoT Analytics markets”. 

“mnubo has developed a scalable IoT analytics service that is suitable for industrial devices and  machines. The unique ability to identify patterns and extract intelligence from equipment’s data is a  breakthrough and will drive significant cost savings and operational efficiency”, stated Whitney Rockley,  co-founder and Managing Partner at McRock. “Their sophisticated data science will have a profound  impact on industrial markets as companies learn from sensor data, understand business outcomes  better and ultimately gain huge competitive advantages”.

As part of this financing, Whitney Rockley, Co-founder of McRock Capital, will join the mnubo Board of  Directors.  

About mnubo – mnubo makes the IoT smarter. mnubo provides Big Data and Analytics for the IoT – transforming ‘connected things’ into ‘smart objects’. Its focus is to help extract true value from sensor  data by delivering advanced real-time analytics, strategic insights, predictions and enabling richer  applications. mnubo offers a SaaS solution to connected object manufacturers and other IoT players to  ingest, enrich and analyze their object data. mnubo’s services benefit customers in wearables, home,  automotive and industrial environments. For more, visit www.mnubo.com or follow us on twitter  @mnubo  

About McRock Capital – McRock is the first dedicated Industrial Internet of Things (IIoT) venture capital  fund focused on the intersection of sensors & 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 and oil & gas industries. The fund is backed by large institutional investors  and Cisco Systems. McRock invests across Canada and the US in grid automation, digital oilfield,  advanced manufacturing and smart city markets. For more, visit www.mcrockcapital.com or follow us  on twitter @McRockCapital

Toronto, Ontario–(April 8, 2015) – McRock iNFund LP, an Industrial Internet of Things (IIoT) venture  capital fund managed by McRock Capital, has held a subsequent close with new investments from  Alberta Enterprise Corporation and Kensington Venture Fund, L.P. The fund held a previous close in  December of 2014 with Cisco Investments, Teralys Capital Innovation LP, and BDC Capital. With this  close, the fund has exceeded its fundraising target. A final close is in process and will be announced in  2015.  

McRock has a strategic relationship with Cisco Systems, the worldwide leader in IT networking. The fund  is focused exclusively on the intersection of sensors and software in large industrial markets, an area  known as the IIoT. The fund will invest in high growth private companies across North America. It is specifically targeting large industrial markets looking to maximize the efficiency of operations by  connecting the unconnected and using software to make machines, equipment and devices run more  intelligently. In February 2015, the fund announced its first investment in Canada’s RtTech Software, an  industrial app company providing operational intelligence for industrial facilities. 

“We are pleased to announce that two very experienced venture capital fund investors have committed  to the fund so quickly after our last close,” said Scott MacDonald, co-founder and managing partner of  McRock Capital. “As part of this investment, we welcome Kristina Williams from Alberta Enterprise and  Rick Nathan from Kensington Capital to the fund’s limited partner advisory committee.” 

“The McRock team has significant IIoT expertise and a track record of building successful high-growth  companies, specifically in Canada,” said Kristina Williams, CEO of Alberta Enterprise Corporation. “We  see this as a strategic investment for AEC that will facilitate the growth of successful IIoT companies in  the province of Alberta, which has strong roots in industrial sectors such as oil and gas.” 

“McRock is exactly the kind of venture fund investment we are looking for in the Kensington Venture  Fund,” said Rick Nathan, Kensington Managing Director, “with a very experienced investment team 

specialized in an important and fast growing segment of the market. We see tremendous opportunities  in grid automation, digital oilfield and other energy and industrial technologies where we can now look  forward to investing with the McRock team.” 

About McRock Capital 

McRock Capital is a venture capital firm making investments in North American companies offering  Industrial Internet of Things software and sensor solutions for the grid automation, digital oilfield,  advanced manufacturing and smart city markets. For more information, visit www.mcrockcapital.com.  Follow McRock Capital on Twitter @McRockCapital 

About Alberta Enterprise Corporation 

Alberta Enterprise promotes the development of Alberta’s venture capital industry by investing in  venture capital funds that finance early stage technology companies. Launched with a $100 million  investment from the Government of Alberta, Alberta Enterprise focuses on funds that have a strong  commitment to Alberta. For more information, visit www.alberta-enterprise.ca 

About Kensington Capital Partners 

Kensington is a leading independent Canadian investor in alternative assets. Founded in 1996, and with  over $670 million invested to date in private equity, venture capital, infrastructure and hedge funds,  Kensington’s active management approach and relationship based business has generated top quartile  returns for investors. For more information, visit www.kcpl.ca.

Toronto, Ontario–(February 24, 2015) – McRock iNFund, an Industrial Internet of Things (IIoT) venture  capital fund managed by McRock Capital, has led a $3 million Series A financing in Moncton-based  RtTech Software. Existing investor New Brunswick Innovation Foundation also participated in the round. 

RtTech develops and markets software apps that provide Operational Intelligence for industrial facilities.  RtTech offers two main solutions – RtDuet, a real-time software app designed to improve equipment  availability and utilization in industrial facilities like manufacturing and power generation, and RtEMIS,  an energy management information system designed to reduce energy consumption. 

As part of this financing, Scott MacDonald and Whitney Rockley, the co-founders of McRock, have both  joined RtTech’s Board of Directors.  

“This funding could not have come at a better time as we look to capitalize on the exploding IIoT markets. We are adding features to our flagship industrial software apps that will leverage cloud-based  technology and will make our products more widely accessible and affordable to our global industrial  facilities clients”, said Pablo Asiron, CEO of RtTech Software. “The McRock founders have a tremendous  amount of experience growing technology companies. We are proud to have attracted an investment  partner with such a strong focus on the Industrial Internet”. 

In January 2015, McRock announced a strategic investment in its venture capital fund by Cisco Systems  and two of Canada’s largest fund-of-funds investors, Teralys Capital and BDC Capital. 

About McRock Capital 

McRock Capital is a venture capital firm making investments in North American companies offering  Industrial Internet of Things software and sensor solutions for the grid automation, digital oilfield,  advanced manufacturing and smart city markets. For more information, visit www.mcrockcapital.com.  Follow McRock Capital on Twitter @McRockCapital