CoLab Software Raises C$21M
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CoLab Software, the St. John’s-based maker of collaboration software for 3D modelling, has raised a US$17 million (C$21 million) Series A funding round on the back of a fiscal year in which its revenue grew 609 percent.
The round was led by New York’s Insight Partners, with alumni from manufacturing giants Tesla and Bosch also joining as angel investors.
CoLab builds software that lets