NoviFlow raises $9 mln Series A funding led by Fonds de solidarité FTQ
NoviFlow Inc has secured $9 million in a Series A financing. The round was led by Fonds de solidarité FTQ, a Canadian venture capital and private equity firm, and was joined by W3 Investissement, Somel Investments and other investors. Based in Montréal, NoviFlow specializes in the development of solutions and systems for intelligent software-defined networking switches. It plans to use the proceeds of the Series A to expand sales, marketing and product offerings and to grow its customer base beyond North America, Asia and Europe. Founded in 2012 as a spin-out from the Université du Québec à Montréal, the company also has offices in Sunnyvale, California and Seattle, Washington.
10 September 2015•4 mins read
