Martello NEWS

OBJ Logo May 5, 2016 | Ottawa Business Journal

Martello On Guard for Mitel

One of the newer faces among this crowd is Martello Technologies. Its MarWatch software-as-a-service (SaaS) helps Mitel resellers, service providers and customers in 20 countries find and fix problems on their cloud-hosted business communications networks. In six years, Martello has become a key player in the Mitel ecosystem, thanks in part to its acquisition in 2014 of French software company Netvitesse. Last year, Martello was Ottawa’s Fastest Growing Company.

It’s obviously a big plus to be next door to Mitel when you’re part of that ecosystem, but President and CEO Bruce Linton says there are other great reasons to have put down roots in Kanata North.

“Kanata North is rapidly becoming a leader in SaaS, and part of the reason for that is the entrepreneurial environment that’s been fostered here,” he said. “Being in Kanata North also gives us an opportunity to draw upon people who have spent their careers scaling companies like ours from the startup stage through various phases of growth.”

May 03, 2016

Ottawa Community News

Funding will go towards expanding into new markets, new jobs: Martello

Kanata-based Martello Technologies welcomed Kanata-Carleton’s MP to their local headquarters on April 28 where she announced $750,000 in federal funding for the company.

“Martello Technologies is a terrific example of a Kanata-based, innovative start-up business that is poised for growth and success,” said MP Karen McCrimmon.

The money, given through the Federal Economic Development Agency for Southern Ontario, is meant to aid Martello in accelerating the development of its MarWatch system.

The system monitors, tracks and analyzes the performance of a company’s digital communications systems. The product is intended to show what could be causing poor connectivity resulting in, for example, a drop in sound quality during conference calls. The software aids tech support in identifying the problem and fixing it.

“This is increasingly important as digital communications systems are more complicated than phone line connections,” said president and CEO of Martello, Bruce Linton.

Founded in 2009, Martello’s employee numbers have grown significantly, as has their list of buyers, said Linton.

The government funding was given based on several factors, including evidence of investment from other sources, the opportunity to create jobs, sales and diversify markets, and the company must own the rights to the intellectual property being used in their project, said FedDev Ontario’s investment guidelines.

McCrimmon said the federal government aims to make Canada a “centre for global innovation,” adding that Kanata is a leader in that field.

FedDev Ontario

April 28, 2016

Today, Karen McCrimmon, Member of Parliament for Kanata-Carleton, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for FedDev Ontario, announced funding of up to $750,000 for Martello Technologies Corporation.

Companies need the right resources to further develop and bring their innovative products to market. The Government of Canada is proud to invest in Martello to assist the company in further developing and marketing its technology.

FedDev Ontario’s funding, through the Investing in Business Innovation initiative, will be used to enhance the design and development of Martello Technologies’ MarWatch system that monitors, tracks and analyses the status of a company’s communications network.

Quick Facts

  • Established in 2009, Kanata-based Martello Technologies Corporation is expected to create nine jobs and maintain 12 full-time jobs over the course of the project.
  • FedDev Ontario’s repayable contribution will leverage up to $1.5 million from accredited investors from the Canadian Venture Capital and Private Equity Association.
  • Ottawa continues to attract innovation and was recently crowned the most “Business Friendly” mid-sized city in North and South America by the Financial Times.

Quotes
“The Government of Canada knows that innovation is about new ideas that, ultimately, improve our lives. Investing in companies like Martello Technologies supports these new ideas and will help propel our innovative entrepreneurs to the world stage while creating a stronger economy at home.” – The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for the Federal Economic Development Agency for Southern Ontario

“Martello Technologies is a terrific example of a Kanata-based, innovative start-up business that is poised for growth and success. By supporting dynamic small businesses and providing them with the support they need, we will help create jobs and economic prosperity for Canadian families.” – Karen McCrimmon, Member of Parliament for Kanata-Carleton

“FedDev Ontario’s support will accelerate Martello’s growth, meeting growing global demand for solutions that manage the performance of cloud-hosted business communications. In fact, we’ve already created new skilled Science, Technology, Engineering, and Math (STEM) jobs in Ontario, and entered new global markets for MarWatch.” – Bruce Linton, President and CEO, Martello Technologies Corporation