Montreal, QC – July 10, 2014 – INLYNK Software develops and markets Optymo, an innovative Resource Management Solution dedicated to the electronic industry. Today, the company announced the closing of a new round of investment. The Business Development Bank of Canada (BDC) and the Centre Local de Developpement (CLD) of Laval, alongside with the current shareholders, are joining financial efforts to support INLYNK in its expansion plans.
Over the past two years, INLYNK has established a strong ecosystem, positioning itself as the only business management software provider for SME’s in the Electronic industry. With this new investment, INLYNK will expand in high potential markets and will focus on strengthening its technological leadership.
“We are very grateful for the trust and support received from the BDC and CLD Laval” said Patrice Commune, President & CEO, INLYNK. “Welcoming such prestigious organizations on INLYNK’s list of investors certainly gives the company a new momentum. Recently, we have developed a solid customer base for our products, as well as established partnerships with key players in the electronic industry. This new investment will fuel the deployment of our solution in North America and Europe. INLYNK also intends to reinforce the R&D team, so that we maintain the pace of innovation and develop new strategic partnerships.”
With this funding in place, INLYNK will increase its workforce to strengthen its presence in North America and to enhance the total customer experience. In parallel, INLYNK will open an office in Paris, France to support the Optymo users in Europe and the Middle East.
“Our mission, at the CLD, is to offer financial support to help local businesses get started and therefore promote the economic development of the region” said Tien Tai Le, Portfolio Manager at CLD Laval. “ The potential of Optymo and the quality and motivation of the corporate team, lead me to believe in INLYNK’s future success. We are delighted to be part of the adventure”.
Since company inception, the founders of INLYNK have been providing tailor-made resource management solutions to the electronics industry. Optymo, Inlynk’s flagship product, bridges the gap between EDA software and management tools, allowing its users to accelerate their time-to-market by optimizing their business processes. From the beginning, their goal has been to provide comprehensive, scalable, and reliable tools that give clients greater control over their electronic parts management complexity. For more information on INLYNK and Optymo, please visit INLYNK’s website (www.inlynksoft.com)
ABOUT CLD (Centre Local de Développement) Laval
Leading player in the field of coaching and strategic, technical and financial support, the Centre local de développement (CLD) de Laval aims at stimulate entrepreneurship, job creation and boost the socio- economic development of the region. It offers a full range of services for entrepreneurs in the region, and at all stages of a company development, from creation to internationalization. For more information, visit the Web site at the following address: www.cldlaval.com
Canada’s business development bank, BDC puts entrepreneurs first. With almost 2,000 employees and more than 100 business centers across the country, BDC offers financing, subordinate financing, venture capital, securitization and consulting services to more than 28,000 small and medium-sized companies. Their success is vital to Canada’s economic prosperity. For more information, visit the Web site at the following address: www.bdc.ca
Dorine Vidal Marketing
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