Fredericton cybersecurity startup Gray Wolf Analytics has closed a $500,000 equity funding round, including $200,000 from the New Brunswick Innovation Foundation, and raised another $700,000 of non-dilutive funding from the Atlantic Innovation Fund and Mitacs.
Gray Wolf grew out of research by Dhirendra Shukla, the company’s President and Chair of the J. Herbert Smith Centre for Technology Management and Entrepreneurship. The research, focused on monitoring possible criminal activity related to blockchain technology, was also funded by NBIF.
Chief Executive Matthew Sampson said in an