Algolux
Software DevelopmentQuebec, Canada51-200 Employees
Torc Robotics Announces Definitive Agreement to Acquire Algolux https://torc.ai/torc-algolux-acquisition
Insights
Strategic Acquisition Algolux being acquired by Torc Robotics presents an opportunity for synergistic sales strategies, leveraging Torc's resources and market presence to drive Algolux's product offerings to new heights.
Investment by Industry Giants Receiving investments from General Motors and other major players signifies industry validation and potential collaboration opportunities in the automotive sector, leveraging these relationships for future sales engagements.
Award-Winning Technology Algolux's recognition with the 2021 North America Technology Innovation Leadership Award provides a strong sales pitch, demonstrating cutting-edge technology and leadership in computer vision solutions for attracting potential clients.
Series B Funding Boost Securing $23 million CAD in funding from Forte Ventures and Drive Capital in a Series B round gives Algolux additional resources to scale operations and invest in sales and marketing efforts to drive revenue growth.
Market Presence Expansion With a revenue range of $10 - 50 million and notable offerings in depth perception software, Algolux has the financial stability and product differentiation to explore new market segments and boost sales through targeted strategies.
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Algolux Tech Stack
Algolux uses 8 technology products and services including CMake, Jenkins, Modernizr, and more. Explore Algolux's tech stack below.
- CMakeBuild Automation
- JenkinsContinuous Integration
- ModernizrJavascript Libraries
- JetsonLive Chat
- Amazon Web ServicesPlatform As A Service
- LinuxProgramming Languages
- KibanaSearch Engines
- ZoomWeb Conferencing
Media & News
Algolux's Email Address Formats
Algolux uses at least 1 format(s):
| Algolux Email Formats | Percentage |
| First.Last@algolux.com | 81% |
| FL@algolux.com | 10% |
| LF@algolux.com | 6% |
| FLast@algolux.com | 3% |
Frequently Asked Questions
Where is Algolux's headquarters located?
Algolux's main headquarters is located at 1751 Richardson Suite 5.200 Montreal, Quebec H3K 1G5 CA. The company has employees across 4 continents, including North AmericaEuropeSouth America. What is Algolux's phone number?
You can contact Algolux's main corporate office by phone at +1-514-316-****
What is Algolux's official website and social media links?
Algolux's official website is algolux.com and has social profiles on LinkedIn.How much revenue does Algolux generate?
As of June 2024, Algolux's annual revenue reached $35M. What is Algolux's NAICS code?
Algolux's NAICS code is 5112 - Software Publishers.How many employees does Algolux have currently?
As of June 2024, Algolux has approximately 51 employees across 4 continents, including North AmericaEuropeSouth America. Key team members include Vice President Marketing And Strategic Partnerships: D. T.President: A. B.Vp Research & Development: P. B.. Explore Algolux's employee directory with LeadIQ.What industry does Algolux belong to?
Algolux operates in the Software Development industry. What technology does Algolux use?
Algolux's tech stack includes CMakeJenkinsModernizrJetsonAmazon Web ServicesLinuxKibanaZoom. What is Algolux's email format?
Algolux's email format typically follows the pattern of . Find more Algolux email formats with LeadIQ. How much funding has Algolux raised to date?
As of June 2024, Algolux has raised $18M in funding. The last funding round occurred on Jul 12, 2021 for $18M.When was Algolux founded?
Algolux was founded in 2015.
Company Overview
- Headquarters
- 1751 Richardson Suite 5.200 Montreal, Quebec H3K 1G5 CA
- Phone number
- +1-514-316-****
- Website
- algolux.com
- NAICS Code
- 5112 - Software Publishers
- Founded
- 2015
- Employees
- 51-200
Media & News
Funding & Financials
- $18M
Algolux has raised a total of $18M of funding over 8 rounds. Their latest funding round was raised on Jul 12, 2021 in the amount of $18M.
- $10M$50M
Algolux's revenue is in the range of $10M$50M
Funding & Financials
- $18M
Algolux has raised a total of $18M of funding over 8 rounds. Their latest funding round was raised on Jul 12, 2021 in the amount of $18M.
- $10M$50M
Algolux's revenue is in the range of $10M$50M
Company Leadership
D. T.Vice President Marketing And Strategic Partnerships- A. B.President
- P. B.Vp Research & Development
- G. L.It Manager
- A. A.Technical Project Manager
Employee Directory
F. L.Engineering Manager- K. S.Tech Lead Fleet Team
- M. B.Tech Lead Active Learning And Site Lead (munich)
- A. S.Principal
B. V.Principal
1-888-653-2347 
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