Lymbix Raises $1.35m from GrowthWorks Atlantic Venture Fund

Lymbix Inc., a Moncton, New Brunswick, Canada-based developer of real-time sentiment analytics technology, received a $1.35m financing from GrowthWorks Atlantic Venture Fund.

The company intends to use the funds to significantly ramp up its sales initiatives.

Founded in 2009 by President and CEO Matt Eldridge and CTO Josh Merchant, Lymbix offers two product including:
– ToneCheck which is an add-in for Microsoft Outlook 2007/2010 designed to alert people of negative sentiment in their message before sending them;
– TweetTone analyzes the emotion behind the conversations about brands, products, and trending topics, which take place on Twitter.

The company was recently accepted into Microsoft’s BizSparkONE program.



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