# Bluestreak Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bluestreak-technology

- Industry: Media
- Headquarters: Montreal, Canada
- Website: www.bluestreaktech.com
- Total disclosed funding: $38M
- Latest round: Series E (Jan 22, 2009)
- Investors on record: 5

## About

Bluestreak Technology is a provider of advanced technology solutions that enhance operational efficiency and data management for enterprises, focusing on real-time analytics and integrated communication systems.Bluestreak Technology specializes in delivering technology solutions that optimize data management for various industries. The company is headquartered in Montreal, Canada. It was acquired by Espial in June 2015, although specific financial details were not disclosed. The founder's history is not publicly available. Bluestreak Technology has successfully secured a total of CAD 5.00 mn during its Series E funding round on June 23, 2015, with investors such as BDC Capital, First Capital Group, and IRIS.Bluestreak Technologies specializes in advanced technology solutions aimed at optimizing operational efficiency and data management for enterprises across various sectors. The company's core product offerings include proprietary software platforms designed for real-time data analytics, workflow automation, and integrated communication systems. These solutions enhance decision-making processes, streamline communication across departments, and improve overall productivity, serving mid to large-sized businesses in manufacturing, logistics, and finance throughout North America and Europe.The revenue model for Bluestreak Technologies is primarily based on a subscription service structure, allowing clients to access their software platforms on a recurring basis through multi-year contracts. Pricing plans are tiered based on features and service levels, with flagship products offered at standard rates reflecting the value provided. Revenue is generated through direct sales and partnerships with industry-specific resellers, supported by a robust network of channel partners who facilitate transactions and implementation of the technologies.Bluestreak Technology's strategy includes plans to launch new software products aimed at enhancing operational efficiency by the end of 2023. The company is targeting expansion into European markets, with specific plans to enter the UK and Germany by 2024. The recent funding from the Series E round will be utilized to support product development and market entry strategies.

## Funding rounds

- Series E, Jan 22, 2009, $4.1M — First Capital Group, BDC Capital, IRIS
- Series D, Oct 11, 2007, $20M — First Capital Group, BDC Capital, IRIS, Fonds de Solidarité des Travailleurs du Québec, Tomorrow Group
- Series C, Sep 4, 2006, $8M — First Capital Group, BDC Capital, Fonds de Solidarité des Travailleurs du Québec
- Series B, Apr 4, 2005, $6M — First Capital Group, BDC Capital, Fonds de Solidarité des Travailleurs du Québec

## Investors

- First Capital Group (https://capitalatlas.ai/funds/first-capital-group) — Series B, Series C, Series D, Series E
- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Series B, Series C, Series D, Series E
- Fonds de Solidarité des Travailleurs du Québec — Series B, Series C, Series D
- IRIS (https://capitalatlas.ai/funds/iris) — Series D, Series E
- Tomorrow Group — Series D
