Connect&GO, the Montreal-based company that specializes in RFID solutions for the leisure and attraction industries, also raised over $10M of financing in the last year.
This most recent round of financing will allow Connect&GO to consolidate its leadership position internationally by, among other things, making various acquisitions and continuing to develop its latest technological platform which was deployed this summer at Super Aqua Club in Pointe-Calument and is set for deployment at two other major Canadian leisure attractions.
“We are living in an unprecedented time for our industry. I am very proud that we managed to make the difficult decisions early on, and that we received an important vote of confidence from our investors with this latest $4M financing agreement,” said Dominic Gagnon, President of Connect&GO
“Since the beginning of the [COVID-19] pandemic, Connect&GO’s executive team has shown leadership and creativity in determining the best way for the company to navigate this crisis. It made sense for us to reinvest in the company’s growth and allow it to take on new opportunities upon relaunching,” said André Brosseau, Chairman of the Board.
All of Connect&GO’s original investors participated in this latest round of financing.