Arrowroot Capital Invests in Embotics

Goodmans LLP acted as Canadian counsel to Arrowroot Capital in connection with a $12.1 million investment in Embotics Corporation, a leading provider of multi-cloud management software for public and private cloud environments.

Embotics will use the funds to drive customer acquisition and expansion through increased investment in sales and marketing initiatives as well as product development.

Arrowroot Capital is a growth equity firm based in Santa Monica focused on growing and mature recurring-revenue software businesses.