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Globalive Technology Makes US$235,000 Follow-on Investment in Civic Resource Group International (CivicConnect)
Globalive Technology Makes US$235,000 Follow-on Investment in Civic Resource Group Interna...
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[{"type":"text","content":"\n\n\n\nGlobalive Technology Makes US$235,000 Follow-on Investment in Civic Resource Group International (CivicConnect)\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Feb. 24, 2020\n\n\n\nGlobalive Technology has completed a US$235,000 investment in Civic Resource Group International (CivicConnect), following an earlier investment of US$350,000 in Q3 2019.  \n TORONTO, Feb. 24, 2020 /CNW/ - Globalive Technology Inc. (TSX-V: LIVE) (the \"Company\"), a technology company based in Toronto, Ontario, has completed a US$235,000 investment in Civic Resource Group International (d/b/a \"CivicConnect\"). This latest investment follows an earlier investment of US$350,000 made in August 2019 and the acquisition of an 11% equity interest in CivicConnect in June 2018. \nCivicConnect is a technology company providing government agencies and strategic partners with an integrated platform of technologies and products necessary to increase efficiencies and drive connected solutions for smarter cities, including mobile and web-based applications. Its principal solution, the CivicConnect platform, is a cloud-based data management platform that enables the rapid deployment of dynamic mobile and web systems for a variety of government-run organizations, including transportation, travel and tourism, arts and recreation, water and energy management services, and regional economic development. It connects and integrates structured public data sources, commercial data sources and unstructured data sources providing powerful backend business intelligence across unlimited outlets and devices. \n\"CivicConnect continues to make strides towards its goal of fulfilling the promise of artificial intelligence and the Internet-of-Things in the world of urban infrastructure, urban mobility and smarter cities,\" said Anthony Lacavera, Founder and Chief Executive Officer of the Company. \"We are impressed with the progress and the strategic partnerships that CivicConnect has made and we are pleased to continue to support them as they push to expand the scope of their o...