AirVM Raises a $8.0 Million Series A Financing

Yesterday, AirVM announced it has closed $8.0 million in Series A funding, led by RHO Canada Ventures. Build Ventures and previous investor, Wesley Clover, also contributed to the round. According to the press release, the financing positions AirVM for continued global growth as they scale to meet the demand for their cloud management platform, AirSembly. The company will also leverage this funding to expand into new regions, new cloud services, and new platform technologies.

LaBarge Weinstein acted as counsel to RHO Canada Ventures and Build Ventures with a team that included Debbie WeinsteinTaisha Lewis and Sam Gregg-Wallace.

Read the complete press release.

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