Wormixity raises $2M for monitoring technology

Montreal-based Wormixity Technology Inc has raised $2 million to increase the size of its computer development team for its real-time mobile application for monitoring manufacturing production. The funds were secured from Montreal's W Investments and Fonds de Solidarité FTQ. Wormixity is located in Montreal's Cité de Multimedia and is a growing player in the so-called fourth industrial revolution — the digitizing of manufacturing production — which began in Germany and has spread worldwide. The new funding wil allow the company to enhance its connectivity solutions and seek new markets in North and South America. Privately held W Investments targets businesses with high-growth potential....