C2RO, a Montreal-based provider of enterprise grade cloud A.I. services, has raised $2.25 million in funding. The round was led by Fonds Innovexport, with participation from GCI Capital Inc., Harbor Street Ventures, Tandemlaunch, Ministère de l'économie et de l'innovation, and several angel investors in Canada, the U.S. and Europe. "We led the investment in C2RO because it has an excellent execution team, a significantly expanding Tier1 customer base, and a formidable technology position in the field of real-time machine vision A.I.," said Richard Bordeleau, President at Fonds Innovexport. "C2RO will have a tremendous impact on the industry and we want to support them through this journey." C2RO uses proprietary real-time cloud AI to provide data driven businesses with analysis and recognition tools to transform their physical spaces into personalized and interactive smart environments. The company intends to use the funds..
