Bit Stew Systems
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Bit Stew Systems

Bit Stew Systems is the developer of the market leading Software Defined Operations platform for the Industrial Internet of Things (IIoT). Bit Stew’s MIx Core™ platform automates data ingestion, applies machine intelligence/learning techniques to identify patterns in the data, allowing industrial companies to discover actionable insights that optimize operational performance.

Bit Stew was acquired by GE for US$153 million on November 15, 2016.

Investment year:  2015
Industry sector:  Information technology
Region:  Prairies and West
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General Electric buys Vancouver startup Bit Stew for $153-million

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BDC Venture Capital Partner

Tony Van Bommel

Senior Managing Partner