Micrologic raises $45 million for sovereign cloud services
Québec’s sovereign cloud player Micrologic has raised $45 million CAD from local backers to win more contracts across Canada. The news: Digital cloud provider Micrologic announced on Thursday that it had raised $45 million in financing from Québec backers—$25 million from the labour-sponsored fund Fonds de Solidarité FTQ and $20 million from a fund managed by the Québec government’s investment arm, Investissement Québec. BetaKit has reached out to Micrologic for more details on the financing rou