Canada Economic Development for Quebec Regions (CED) held a press conference at Adaptiv Networks headquarters office in Gatineau Quebec on March 4, 2020 to announce support for the company's SD-WAN growth plan. CED also issued a press release, Adaptiv Networks wants to break into new markets to accelerate growth.
“Adaptiv Networks is working in a fast-growing field, where the competition is fierce. CED is a key partner for Adaptiv Networks, supporting our plans for hyper-growth to make the business a world leader in its field.”
Bernard Breton, President, Adaptiv Networks
Adaptiv Networks has received a repayable contribution of $400,000 from CED to develop its specialized software (SD-WAN) and conduct commercialization and marketing activities.