MONTREAL, Nov. 29, 2016 /PRNewswire/ - In a bid to accelerate its growth, Worximity Technology has just entered into a new $2-million financing agreement with its current investors, W3 Investments and the Fonds de solidarité FTQ, to which they have now added BDC Capital. The Montreal-based company, specializing in the real-time monitoring of manufacturing production with its Tileboard™ mobile application and its TileConnect™ smart sensors, is very gratified to accept this new investment, which attests to the accelerated growth of this tech company. Worximity has in fact seen its team triple in the past year, and its market now extends across the continent. (Photo: http://photos.prnewswire.com/prnh/20161129/443526) W3 Investment and the Fonds de solidarité FTQ, which had both taken part in the first round of funding agreements in November 2015, are re-affirming their confidence in the company and its technology with this new injection of capital, which will serve to step up the development of new real-time production monitoring technology. Worximity's offering is fully in line with the digital transformation of the Industrial Internet of Things (IIoT), which involves the gradual connection of all manufacturing equipment. In fact, 2017 looks most promising in term of innovations for Worximity, which will be launching its new smart sensor, TileConnect™ 2, as well as a new version of its dashboard application, Tileboard™ 2, which is already very popular and used daily by North American manufacturers to control their operations in real-time and improve the efficiency of their teams and equipment. "With our technology that enables quick, simple and affordable connection of all equipment from many different manufacturing landscapes, we were basically the precursors of Industry 4.0 and IIoT," states Yannick Desmarais, founder and president of Worximity Technology Inc. "It is therefore essential for us to continue innovating so that we can maintain our position as leader and keep providing our clients with products that address their needs and give them a competitive edge. Now that our technological development team is set up and we have this new funding, we more than ever have the means to fulfill our ambitions, and we can press on with our mission to make industrial facilities smart and keep teams connected," he adds. The Business Development Bank of Canada (BDC) is a long-time partner of Worximity Technology, having provided the company with loans in its start-up years. The two organizations also worked jointly on events to promote Industry 4.0 and other innovations in the manufacturing sector. The new financing from BDC Capital, the Business Development Bank's investment division, will come in the form of a "patient" mezzanine loan with a flexible repayment schedule, the terms of which will be adapted to Worximity's specific needs. This funding is essentially aimed at maintaining a partnership based on growth, innovation and the pursuit of the common goal of improving the performance of our manufacturers.