Tech Company Financing Transactions

Algolux Funding Round

Algolux closed a $2.6 million Series A financing round on 8/20/2014. Investors included Real Ventures and private investors.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series A

Real Ventures (Lead Investor) (Alan MacIntosh)

Proceeds Purpose
This latest round of funding will enable the Montreal-based company to commercialize its deblurring software while continuing to build out its IP portfolio.

Company Information

Company Status
Private & Independent
Mailing Address
1751 Richardson 4.400
Montreal QC, H3K 1G6
Email Address
Not Recorded
Algolux improves vehicle safety and system performance while reducing program risks. Computer vision is at the heart of autonomous cars, ADAS, mobile devices, security cameras (IoT), AR/VR, robotics, drones, and medical equipment, leading the next wave of market growth and social impact.
Algolux LinkedIn Company Profile
Social Media
Algolux Company Twitter Account
Company News
Algolux News
Algolux on Facebook
Algolux on YouTube

Management Team

Email & Social
Chief Executive Officer
Allan Benchetrit
  Allan Benchetrit LinkedIn Profile  Allan Benchetrit Twitter Account  Allan Benchetrit News  Allan Benchetrit on Facebook
Chief Financial Officer
Domenic Durante
  Domenic Durante LinkedIn Profile  Domenic Durante Twitter Account  Domenic Durante News  Domenic Durante on Facebook
Chief Technical Officer
Felix Heide
  Felix Heide LinkedIn Profile  Felix Heide Twitter Account  Felix Heide News  Felix Heide on Facebook
VP - Marketing
David Tokic
  David Tokic LinkedIn Profile  David Tokic Twitter Account  David Tokic News  David Tokic on Facebook
VP - R & D
Paul Boucher
  Paul Boucher LinkedIn Profile  Paul Boucher Twitter Account  Paul Boucher News  Paul Boucher on Facebook
VP - Sales
Ray Cisneros
  Ray Cisneros LinkedIn Profile  Ray Cisneros Twitter Account  Ray Cisneros News  Ray Cisneros on Facebook



Browse more venture capital transactions:

Prev: 8/20/2014: PlayFab venture capital transaction
Next: 8/20/2014: Enlighted venture capital transaction


Share this article


Where The Data Comes From

Our team works diligently to report on every notable VC transaction. VC transactions on this site are sourced from news reports and company announcements. The information comes to us via our partnership with, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary