Thalmic Labs receives a US $120-million boost
Thalmic Labs, a company founded by three Waterloo Engineering graduates, announced a series B raise of US $120 million today.
Leading the future of human-computer interaction with its Myo gesture control armband, the company has plans to further build out its workforce in Kitchener-Waterloo and San Francisco, and accelerate development of new technologies and products.
The investment was led by Intel Capital, the Amazon Alexa Fund and Fidelity Investments Canada.