![]() ![]() Lightspeed’s point-of-sale retail solution raised $30M from Accel Partners. Also, the villa rental website Luxury Retreats processes $100M in annual rentals as a high-end alternative to AirBnb or HomeAway. The private shopping club Beyond The Rack has raised more than $88.6M in the past five years, with much of its funding coming from local venture capital. Montreal is also producing more fast-growth companies, especially in the e-commerce space. Another positive development for the community is that successful entrepreneurs are increasingly paving the way forward through mentoring and angel investing, triggering a cycle of growth.Īlso: Follow Startup Basecamp Montreal in Twitter New event concepts are emerging, such as the Elevator World Tour and Startup Open House. Leading conferences like C2-MTL and the International Startup Festival have also helped to showcase the city’s young entrepreneurs to international visitors. Since then, the Montreal tech ecosystem has evolved at an incredible pace, led by a vibrant grassroots startup community hosting increasingly frequent events, such as the free Montreal New Tech demo nights and Startup Drinks, which are organized by an intricate network of 100+ community organizations. #PASSWORDBOX MONTREAL SOFTWARE#Ten years ago, Montreal’s only entrepreneurial success story was Microsoft’s purchase of Softimages, a company known for the 3D animation software used to create special effects in the films Jurassic Park and The Fifth Element. ![]()
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