Saturday, February 24, 2024

Connect&GO secures $4 million in financing

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.

Joe Kleiman
Joe Kleiman
Raised in San Diego on theme parks, zoos, and IMAX films, InPark's Senior Correspondent Joe Kleiman would expand his childhood loves into two decades as a projectionist and theater director within the giant screen industry. In addition to his work in commercial and museum operations, Joe has volunteered his time to animal husbandry at leading facilities in California and Texas and has played a leading management role for a number of performing arts companies. Joe previously served as News Editor and has remained a contributing author to InPark Magazine since 2011. HIs writing has also appeared in Sound & Communications, LF Examiner, Jim Hill Media, The Planetarian, Behind the Thrills, and MiceChat His blog, takes an unconventional look at the attractions industry. Follow on twitter @ThemesRenewed Joe lives in Sacramento, California with his wife, dog, and a ghost.

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