North

Acquired

Wearable computing hardware: biosignal gesture recognition

Kitchener, Canada · Founded 2012 · $160.0M raised

Headquarters
Kitchener
Employees
51–200
Founded
2012
Business Model
B2C
Total Funding
$160.0M
Last Round
$40.0M Growth EquityJan 2017
Rounds
2
Acquisition Date
Jun 2020

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Thalmic Labs is pioneering new ways of interacting with digital devices. With a mission to merge people and technology, the company is revolutionizing how we will interact with technology in the future. Its first product, the Myo™ armband, measures electrical activity in muscles to wirelessly control computers, phones and other digital technologies, resulting in seamless interaction between humans and devices. Founded in 2012 by three graduates of the University of Waterloo's mechatronics engineering program (Stephen Lake, Matthew Bailey, Aaron Grant), Thalmic Labs has grown to a world-leading team of engineers, researchers, and creators committed to building the future of wearable technology. Thalmic Labs has raised over $140M USD to date from investors including Spark Capital, Intel Capital, Y Combinator, and others.

Summary

North is a Cybersecurity company based in Kitchener, Canada, founded in 2012. It has raised $160.0M in total across 2 rounds, most recently a $40.0M Growth Equity round in Jan 2017. Investors include Intel Capital and Amazon Alexa Fund.

Funding & Exit History

AcquisitionJun 2020

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Funding: Series B through Growth Equity. Amounts, valuations, and investors where available.

Investors

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