Montreal Tech Watch

FlowVentures has announced their first investment in 2009, in a Toronto-based startup named Symtext

Symtext allows the creation of customized learning material, from different sources, as opposed to traditional text books which may have outdated and non-interactive material.

As you may (or not) know, Flow Ventures provides both angel investing as well as direct operational support, which means in this case that Symtext will work together with Flow Ventures, with help in technology development, strategy plans, management, and marketing.

From the FlowVentures blog:

Symtext has made great progress and is already working with recognized learning establishments such as Athabasca University and the Queen’s School of Business. It is also working with several major publishers (more announcements to come).

This is great news, when thinking about the current economic prospects (along with this also). Congratulations to the FlowVentures team!