Palo Alto – September 5, 2018 – WCP is proud to announce that it served as exclusive financial advisor to iS5 Communications Inc. on its CDN $22 million round of funding.
iS5Com is an innovative provider of cyber-secure industrial platforms headquartered in Toronto, Canada. The company will use the funding to further enhance its revolutionary RAPTOR™ platform, and to develop advanced and innovative Industrial Internet of Things (IIoT) solutions for securing critical infrastructure and operational technology (OT) systems.
The round was led by Phoenix Contact Innovation Ventures, with participation from ClearSky as well existing shareholders and management.
“The combination of Phoenix Contact Innovation Ventures and ClearSky will help us accelerate our growth in the various critical infrastructure markets, and will also allow us to target other parts of the industry like Edge and Fog computing,” said Clive Dias, Founder and CEO of iS5Com. “New communications technologies combining Edge and Fog Computing with OPC UA and TSN will create a powerful functionality in Industrial Automation. iS5Com and the RAPTOR™ platform are well positioned to provide new innovative solutions for our target markets and more.”
WCP’s investment banking and domain experts worked closely with iS5’s management and board throughout the financing process. The WCP team is currently working on industry reports on IoT/IIoT that highlight Edge Computing and Cybersecurity, and which will feature innovative venture funded startups in the space.
For additional information, please contact:
Managing Director, IoT/IIoT (Software and Cybersecurity)
Managing Director, Financial Sponsors/Special Situations
About Woodside Capital Partners
Woodside Capital Partners is a global, independent investment bank that delivers world-class strategic and financial advice to emerging growth companies in the technology and life sciences sectors. With a strong track record in M&A, strategic partnerships and private placements, Woodside Capital Partners has been providing worldwide investment banking services since 2001 with leading domain experience in software, Internet services, electronic communications and materials, and healthcare. Woodside Capital Partners is headquartered in Silicon Valley, with an office in London. Securities offered through Woodside Capital Securities LLC, member FINRA/SIPC. For more information, please visit www.woodsidecap.com
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Woodside Capital Partners delivers value-added M&A advisory services for emerging growth companies, and is the headquartered in Silicon Valley, with an office in London. Securities transactions are offered through Woodside Capital Securities LLC, a registered broker-dealer and member of FINRA and SIPC, and through Woodside Capital Partners UK LLP, a financial services firm authorized and regulated by the FSA. Woodside Capital Securities LLC and Woodside Capital Partners UK LLP are affiliated companies.
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