Thalmic Labs Secures $120 Million in Funding

Palo Alto – September 20, 2016 – Cooley advised Canada-based Thalmic Labs as US counsel on its $120 million Series B financing round, which was led by Intel Capital and included the Amazon Alexa Fund and Fidelity Investments Canada.

Thalmic is a Kitchener, Ontario-based wearable technology company and developer of the Myo armband, which reads the electrical activity of your muscles to control technology with gestures and motion, hands-free.

Co-founder and CEO Stephen Lake commented to The Wall Street Journal that the funding will support Thalmic’s expansion to San Francisco. 

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