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NoviFlow closes $9 million in A Round financing

NoviFlow Inc. today announced the closing of a $9.0 million Series A round of funding. The round was led by Fonds de solidarité FTQ and joined by W3 Investissement and Somel Investments Inc., with participation from previous investors and directors of NoviFlow Inc.

Headquartered in Montreal, Canada, the new funding will permit NoviFlow to quickly expand its global sales resources and marketing activities and further invest in its innovative network processor-based switching solutions and applications. The funding will also strengthen the company’s capacity to support a growing roster of clients representing some of the world’s most innovative brands and organizations.

Article in La Presse newspaper (in French)
Fonds de solidarité FTQ Press Release (in French)
Fonds de solidarité FTQ Press Release (in English)
NoviFlow’s Press Release