Worximity Technology Raises $2M

worximityWorximity Technology Inc., a Montreal, Quebec, Canada-based provider of real time monitoring manufacturing production solutions, raised $2M in funding.

Backers included W Investments and the Fonds de solidarité FTQ.

The will use the proceeds to increase the size of its computer development team to enhance its connectivity solutions to better serve its current clients and to seek new markets throughout North and South America.

Founded in 2011 by Yannick Desmarais, Worximity develops connectivity solutions for factory managers and team members to monitor their production in real time leveraging smart sensors to collect data and send it to a mobile application, a real-time dashboard compiling data from a range of industrial equipment. Ongoing production monitoring and alerts created according to the client’s standards guarantee that downtimes and decreases in production rates can be addressed immediately.
The company’s technologies are currently in use on more than 250 production lines in North America.

FinSMEs

02/12/2015

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