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An Ottawa based company, Distil Interactive announced earlier this week the developer of new media platforms has secured $2.2 million in Series A funding from the GrowthWorks Canadian Fund. This round of financing will allow for continued research and development for the firm’s assessment technology as well as provide support for the finalization of their authoring solution. Distil Interactive was most recently honoured as a finalist for the Most Promising New Company at the Canadian New Media Awards and the Ottawa Centre for Research and Innovation’s Most Promising Start-Up Award and provides solutions for clients such as Canadian Standards Association (CSA) and the National Quality Institute (NQI).

“Distil Interactive represents the leading edge of a new wave of innovative Ottawa-based technology companies,” said Tim Lee, Senior Vice President, Investments at GrowthWorks Capital. “We have been impressed with Distil’s approach as a new media company addressing the needs of the training and assessment industry as well as its ability to gain market traction so quickly. This investment is representative of our level of confidence in Distil’s potential and innovation.”

Distil Interactive previously received $700,000 investment from the GrowthWorks Commercialization Fund.

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