FedDev Ontario invests $2.5 million for Martello Technologies Corporation to scale operations and create 25 jobs
A key part of Canada's economic recovery is supporting businesses as they adapt, grow and move forward from the COVID-19 pandemic. To do so, businesses and entrepreneurs need a strong foundation, built on technological innovation, inclusivity and clean growth to create the workforce of the future.
Today, the Honourable Helena Jaczek, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced an investment of up to $2.5 million through the Jobs and Growth Fund (JGF) for Martello Technologies Corporation to expand its software development capacity, create jobs, and lay the foundation for future growth.
Headquartered in Ottawa, Martello Technologies is a leading digital software company that delivers performance analytics for thousands of customers world-wide through its digital experience monitoring solutions. This federal investment will support the company to make improvements and scale its end user experience monitoring products, taking advantage of the growth opportunities presented by the shift to remote work through the pandemic. As a result, Martello Technologies is expected to diversify its sales channels, strengthen Canada's SaaS sector and create 25 new skilled jobs in the Ottawa region.
Through the Jobs and Growth Fund, the Government of Canada is committed to helping businesses and organizations build resiliency, enhance competitiveness and create jobs to build a more inclusive economy. This includes investing in advanced and more reliable technologies to deliver better digital services to Canadians.
