Neuralitic Systems has announced a $7 million funding from Vertex Venture Capital, an Israel-based venture Fund, as well as from BDC and Go Capital Fund, to fund their expansion.

neuralitic Neuralitic makes SevenFlow, an analytics software that allows telecom companies to see how wireless data access is consumed by their customers. Neuralitic states that since “voice revenues are flattening”, carriers are flocking to wireless data to maximize their revenue per subscriber. Neuralitic can then help carriers understand what their customers really wants, and ultimately offer them the appropriate application & service packages.

As Mark MacLeod points out, it’s all happenning in Montreal. iNovia Capital also announced 2 days ago a “multi-million” dollar investment in Nanoledge, which will be relocating to Canada. I’ve heard that things are not so rosy down south these days, but as far as I’m concerned, everything tech is booming in Montreal. (see this, this and this)

Want more news like this?
We're on a mission to spread inspiring startup stories far and wide. Try our weekly email, The TechWatcher, and see for yourself!

I am an electrical engineer interested in disruptive ideas. Founder of MontrealTechWatch, organizer at MTLNe ...

  • Brianna Lichte

    Amaze! Image researching bing all day with this and i lastly think it is listed here!

  • how to pick up girls

    Hello! I love your notes! they’re so wild!

Like us on Facebook
We post inspiring startup stories like this every week on Facebook. You won't regret it
Read previous post:
Upcoming: DrupalCampMontreal, Oct 3rd and 4th

Alex Dergachev, from evolvingweb, writes: Join your fellow Drupalers for the biggest event Montreal has seen: DrupalCamp Montreal 2008, taking...