It’s good when the gang gets back together. This was the case a few days back, when, on Jan. 31, Neuralitic Systems, the mobile data behavior solutions firm, re-upped with its Series A investors, BDC Venture Capital, Vertex Venture Capital and GO Capital Fund. The Blackberry Partners Fund also tagged in, as did Export Development Canada, providing Neuralitic with $8 million, its largest round to date, nearly doubling its overall funding to more than $20 million, according to its Web site’s tally.
But, as most groups learn when reconvening down the line, some things will change a bit. Audry Larocque, Neuralitic’s co-founder and, until the beginning of February, its CEO as well, found himself replaced by serial entrepreneur Luc Filiatreault. The move was planned as part of Neuralitic’s ongoing expansion; Filiatreault’s most recent venture, semantic analysis software firm Nstein Technology, was bought out by Open Text less than a year ago.
“[Audry] will focus on product and [Luc] will expand global footprint for growth,” one of the VC investors tells peHUB.
Filiatreault’s got oodles of experience in that department. Companies he’s founded or led as CEO (among them, Informission Group, PG Mensus Information Systems and NordTech Aerospace) developed international operations and found their way into public markets or getting snapped up by bigger strategics.
Neuralitic didn’t respond to requests for comment, but they’ve been busy, even prior to the new boss’ arrival. Prior to Filiatreault taking the helm, the mobile marketing analysis firm had developed operations in multiple continents.