Radar · Cybersecurity in Ontario
Best Cybersecurity Companies in Ontario, Canada
The 249 best Cybersecurity companies in Ontario, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: 1Password.
By Riya SenguptaFinancials
249companies tracked
$2.2Bdisclosed funding
2unicorns
79have raised
FLIAR INTELLIGENCE · CYBERSECURITY × ONTARIO
Our analysis of 174 Cybersecurity companies
$16.2b in tracked funding; 96% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
174companies analysed
96%cloud-native stacks
2025funding peak (by rounds)
20unicorns
2018median founding year
790kcombined LinkedIn audience
63%of audience held by top 3
3companies hiring publicly (12 mo)
Ranked: Best Cybersecurity companies in Ontario
| # | Company | Disclosed funding | Last round | Employees | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | 1Password 🦄 Cloud based platform for remote access software 83Tech top 21%Market top 22%Moat top 26%Funding top 27% All 11 signals ▾Techtop 21% Markettop 22% Moattop 26% Fundingtop 27% Customerstop 31% Innovationtop 32% Producttop 34% Newstop 42% Talenttop 43% Growthtop 44% Globaltop 48% Tech: 63 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 Market: 1,413 employees (top 2% of Enterprise Infrastructure) · Top-100,000 web property rank vs industry peers · Fliar Intelligence Index 83/100 | $920M | 54 mo ago | 1,413 | 2006 | WebflowCart FunctionalityPassage+25 | — | 1 launch |
| 2 | Blackberry Developer of secure communication software and embedded operating systems 87Tech top 14%Market top 21%Talent top 21%Patents top 24% All 14 signals ▾Techtop 14% Markettop 21% Talenttop 21% Patentstop 24% Globaltop 27% Fin. healthtop 28% Fundingtop 30% Producttop 32% Newstop 33% Innovationtop 35% Moattop 35% Customerstop 40% AItop 45% Growthbottom 33% Tech: 92 technologies across 7/8 capability areas · Cloud: Amazon Alb, Amazon Cloudfront Market: 986 employees (top 4% of Enterprise Infrastructure) · Revenue ~$535M rank vs industry peers · Fliar Intelligence Index 87/100 | $365M | 67 mo ago | 986 986 → 2,001 (+103%) | 1984 | Adobe Experience ManagerApple iCloud MailJava+29 | 18,224 patents Secure mobile networking, carrier aggregation, sensor data handling, and cybersecurity solutions | 1 launch · 1 award |
| 3 | Tailscale 🦄 VPN solutions based on wireguard protocol 84Tech top 23%Funding top 25%Moat top 25%Customers top 27% All 12 signals ▾Techtop 23% Fundingtop 25% Moattop 25% Customerstop 27% Talenttop 28% Innovationtop 29% Markettop 31% Patentstop 33% Growthtop 37% Producttop 40% Globalbottom 43% Newsbottom 18% Tech: 50 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services Funding: Raised $115M across 4 rounds · 4 rounds over 6 yrs (0.7/yr) rank vs industry peers · Fliar Intelligence Index 84/100 | $115M | 14 mo ago | 116 | 2019 | SanityNode.jsSalesforce+25 | 27 patents Secure zero‑trust mesh networking with distributed key management and overlapping IPv6 subnet handling. | 5 job openings |
| 4 | Vidyard Provider of video tools for sales and marketing virtual teams 67Tech top 24%Funding top 29%Moat top 31%Talent top 38% All 10 signals ▾Techtop 24% Fundingtop 29% Moattop 31% Talenttop 38% Markettop 41% Growthtop 45% Producttop 46% Customersbottom 46% Globalbottom 36% Newsbottom 27% Tech: 66 technologies across 6/8 capability areas · Cloud: Amazon S3, Amazon Web Services Funding: Raised $90.7M across 6 rounds · 6 rounds over 15 yrs (0.4/yr) rank vs industry peers · Fliar Intelligence Index 67/100 | $91M | 26 mo ago | 284 | 2011 | WordPressApple iCloud MailGoogle Workspace+42 | — | 2 awards |
| 5 | Rewind Cloud based enterprise data backup management software 67Tech top 21%Funding top 31%Moat top 31%Growth top 45% All 8 signals ▾Techtop 21% Fundingtop 31% Moattop 31% Growthtop 45% AItop 45% Markettop 49% Talentbottom 49% Globalbottom 39% Tech: 66 technologies across 6/8 capability areas · Cloud: Amazon S3, Amazon Web Services Funding: Raised $89.9M across 3 rounds · 3 rounds over 6 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 67/100 | $90M | 43 mo ago | 105 | 2015 | WordPress Block EditorElementorWordPress+47 | — | — |
| 6 | SecureKey Cloud-based identity verification solutions | $71M | 79 mo ago | 116 | 2008 | — | 62 patents Secure authentication and credential management for devices and networks | — |
| 7 | Sangoma Enterprise collaboration platform for unified communication solutions | $60M | 70 mo ago | 42 | 1984 | WordPress Site EditorWordPressMySQL+29 | 4 patents Patents concentrated in electrical & electronics | 2 launchs |
| 8 | Corsa Security Platform offering network virtualization 37Funding top 28%Moat top 31%Talent top 34%Growth top 35% All 10 signals ▾Fundingtop 28% Moattop 31% Talenttop 34% Growthtop 35% Producttop 41% Techbottom 46% Patentsbottom 37% Globalbottom 33% Marketbottom 30% Innovationbottom 30% Funding: Raised $50.0M across 13 rounds · 13 rounds over 13 yrs (1.0/yr) Moat: Editorial + unicorn rating 8/10 · IP moat: 2 patents rank vs industry peers · Fliar Intelligence Index 37/100 | $50M | 13 mo ago | 27 | 2013 | WordPressMySQLSalesforce+28 | 2 patents Patents concentrated in electrical & electronics | — |
| 9 | Ethoca Fraud protection solutions for omnichannel retailers | $45M | 131 mo ago | 162 | 2005 | DrupalMariaDBPHP+19 | 5 patents Payment fraud detection and transaction rescue solutions for electronic commerce | — |
| 10 | Nakina Systems Network security and orchestration solutions | $36M | 179 mo ago | 87 | 2002 | — | — | — |
| 11 | Field Effect Provider of network security solutions 64Innovation top 23%Funding top 27%Patents top 28%Moat top 32% All 11 signals ▾Innovationtop 23% Fundingtop 27% Patentstop 28% Moattop 32% Producttop 36% Growthtop 45% Techtop 45% Markettop 46% Talentbottom 49% Globalbottom 37% Newsbottom 24% Innovation: 35 patents (top 23% of patent-holders) · 30 filings since 2022 vs 5 in 2017-21 Funding: Raised $34.5M across 3 rounds · 3 rounds over 4 yrs (0.8/yr) rank vs industry peers · Fliar Intelligence Index 64/100 | $34M | 9 mo ago | 163 | 2016 | HubSpot CMS HubVimeoGSAP+32 | 35 patents Cybersecurity monitoring, endpoint detection, and network traffic filtering solutions | 1 launch |
| 12 | Fixmo Integrity assurance software | $31M | 160 mo ago | 68 | 2009 | — | 12 patents Mobile device security and multi‑profile containerized app management solutions | — |
| 13 | Nymi Developer of wearable multi-factor authentication solution for passwordless access and security | $30M | 96 mo ago | 43 | 2011 | Wix eCommerceWixSentry+22 | 52 patents Wearable biometric authentication and motion‑based user activity monitoring for secure access | 1 partnership |
| 14 | BlueCat Cloud-based DNS and DHCP appliance and security solutions provider | $28M | 179 mo ago | 467 | 2001 | WordPressSentryApple iCloud Mail+25 | — | 2 launchs |
| 15 | Skrumble Cloud communications for businesses | $16M | 97 mo ago | 9 | 2013 | WordPressMySQLPHP+17 | — | — |
| 16 | Third Brigade Compliance Security Software | $16M | 254 mo ago | — | 2004 | — | 28 patents Patents concentrated in electrical & electronics | — |
| 17 | Augmentt Cloud based platform offering application security solutions 24News top 27%Funding top 45%Tech top 45%Product top 49% All 6 signals ▾Newstop 27% Fundingtop 45% Techtop 45% Producttop 49% Globalbottom 36% Marketbottom 35% News: 3 BI events in 12 mo (of 16 tracked, 8 types) · Top themes: Funding, Capital raise Funding: Raised $15.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 24/100 | $15M | 7 mo ago | 34 | 2020 | WordPressApple iCloud MailMicrosoft 365+31 | — | 1 launch · 1 award |
| 18 | Graphite Software Provider of secure spaces in mobile device | $12M | 120 mo ago | 35 | 2012 | — | 21 patents Enterprise mobile device domain management and secure encrypted content/configuration control | — |
| 19 | Feroot Provider of cloud based web application security solutions | $11M | 51 mo ago | 24 | 2017 | WordPressApple iCloud MailGoogle Workspace+32 | — | — |
| 20 | Protexxa Offering cyber risk and vulnerability assessment solutions 37Growth top 35%Moat top 38%Funding top 40%AI top 45% All 11 signals ▾Growthtop 35% Moattop 38% Fundingtop 40% AItop 45% Talentbottom 49% Techbottom 47% Marketbottom 38% Patentsbottom 37% Globalbottom 31% Innovationbottom 25% Newsbottom 18% Growth: Fresh capital in last 24 mo Moat: Editorial + unicorn rating 7/10 · IP moat: 2 patents rank vs industry peers · Fliar Intelligence Index 37/100 | $10M | 22 mo ago | 47 | 2021 | WordPressMySQLPHP+27 | 2 patents Assessing data confidence and reliability in AI/ML data pipelines | — |
| 21 | ISARA Post-quantum encryption-based data security solution | $10M | 27 mo ago | 32 | 2015 | BootstrapAmazon Web ServicesApache HTTP Server+19 | 69 patents Multi-key root certificate authorities and crypto‑agile public‑key infrastructure management | 1 launch · 1 award |
| 22 | Cloakware Application security to prevent tampering, reverse enginnering & attack | $10M | 254 mo ago | 4 | 1997 | — | 31 patents Runtime application security and credential management, including interlocking, buffer overflow mitigation, and biometrics. | — |
| 23 | Validian SDK-based intrusion prevention for secure communication | $9M | 120 mo ago | 10 | 1989 | — | 6 patents Secure identity authentication protocols for encrypted data exchange and communication networks | — |
| 24 | Quantum Bridge Technologies Provider of quantum computing technology for communication applications 32Funding top 37%Moat top 38%Innovation top 40%Patents top 44% All 8 signals ▾Fundingtop 37% Moattop 38% Innovationtop 40% Patentstop 44% Talentbottom 49% Techbottom 47% Globalbottom 39% Marketbottom 23% Funding: Raised $8.7M across 2 rounds · 2 rounds over 3 yrs (0.7/yr) Moat: Editorial + unicorn rating 4/10 · IP moat: 9 patents rank vs industry peers · Fliar Intelligence Index 32/100 | $9M | 1 mo ago | 15 | 2019 | WordPressMySQLPHP+21 | 9 patents Secure quantum key distribution and management for cryptographic networks | — |
| 25 | VoIPshield Security for threats & exploits of VoIP network | $8M | 220 mo ago | 12 | 2005 | WordPressPleskMySQL+12 | — | — |
| 26 | Invixium Biometric systems for access management | $8M | 72 mo ago | 43 43 → 107 (+149%) | 2012 | WordPressMySQLPHP+35 | — | 1 launch · 1 partnership |
| 27 | LoginID Secure authentication solution using biometrics | $6M | 60 mo ago | 44 | 2018 | Cart FunctionalityDocusaurusReact+15 | — | — |
| 28 | CloudLink Tech Cloud based encryption solution for data security in cloud compute instances | $6M | 155 mo ago | 51 | 2003 | — | — | — |
| 29 | IntelliGO Networks Security analytics & log management for threat detection and response | $6M | 103 mo ago | — | 2005 | — | — | — |
| 30 | evolutionQ Provider of quantum-safe cybersecurity software solutions 37Patents top 38%Moat top 38%Innovation top 41%Talent top 41% All 8 signals ▾Patentstop 38% Moattop 38% Innovationtop 41% Talenttop 41% Fundingtop 45% Techbottom 47% Globalbottom 40% Marketbottom 33% Patents: 15 patents matched (strict assignee match) · 13 filings since 2022 vs 2 in 2017-21 Moat: Editorial + unicorn rating 4/10 · IP moat: 15 patents rank vs industry peers · Fliar Intelligence Index 37/100 | $6M | 16 mo ago | 33 | 2015 | Webflowlit-htmlcore-js+16 | 15 patents Patents concentrated in electrical & electronics | — |
| 31 | Sekur Private Data Provider of cybersecurity, data management, and IT solution services 72Growth top 15%Partners top 18%Product top 18%Innovation top 23% All 9 signals ▾Growthtop 15% Partnerstop 18% Producttop 18% Innovationtop 23% Newstop 25% Fundingtop 35% Marketbottom 48% Talentbottom 42% Globalbottom 25% Growth: Fresh capital in last 24 mo Partners: 5 contract events in 12 mo · Named contractor/client in 5 deals rank vs industry peers · Fliar Intelligence Index 72/100 | $5M | 5 mo ago | — | 2012 | — | — | — |
| 32 | Qui Offering federated identity management solutions | $5M | 46 mo ago | — | 2022 | — | — | — |
| 33 | Cavelo Provider of attack surface management platform for data protection and compliance | $5M | 31 mo ago | 17 | 2020 | WebflowMicrosoft ClarityMouse Flow+19 | — | 1 launch |
| 34 | Quantropi Provider of quantum cryptography-based secure communication solutions 42Product top 32%Funding top 39%Patents top 39%Partners top 42% All 11 signals ▾Producttop 32% Fundingtop 39% Patentstop 39% Partnerstop 42% Newstop 43% Innovationtop 44% Growthtop 45% Moattop 45% Techtop 49% Marketbottom 38% Globalbottom 36% Product: 3 distinct product lines · Company stage: Acquired Funding: Raised $4.5M across 9 rounds · 9 rounds over 2 yrs (4.5/yr) rank vs industry peers · Fliar Intelligence Index 42/100 | $5M | 1 mo ago | 33 | 2018 | WebflowElementorWordPress+30 | 34 patents Post‑quantum cryptographic algorithms, digital signatures, and secure randomness generation. | — |
| 35 | Venue Video conferencing platform | $4M | 46 mo ago | 11 | 2020 | Webflowcore-jsjQuery+18 | — | — |
| 36 | Privacy Analytics De-identification solution for healthcare organizations | $4M | 142 mo ago | 99 | 2007 | WordPressBugHerdMySQL+29 | 80 patents Machine‑learning‑driven privacy‑preserving data anonymization and transformation for regulatory compliance | 1 launch |
| 37 | BrandProtect Cyber threat intelligence & brand protection | $4M | 226 mo ago | 48 | 2001 | — | — | — |
| 38 | BioConnect Provider of multi-modal authentication platform, hardware, and software access control | $4M | 70 mo ago | 31 | 2009 | HubSpot CMS HubApple iCloud MailMicrosoft 365+17 | 21 patents Biometric authentication and secure access‑control communication systems | 1 partnership |
| 39 | Iotum Provider of tools for unified communication | $4M | 101 mo ago | 28 | 2004 | — | 8 patents Real-time telecommunication management and web-based conferencing systems | — |
| 40 | VeriFast Platform offering identity verification and authentication services | $4M | 44 mo ago | 20 | 2019 | WebflowBootstrapAmazon Web Services+24 | 10 patents Enterprise identity management and data integrity verification platforms | — |
| 41 | Private AI Developer of PII identification, de-identification, and data anonymization software | $3M | 43 mo ago | 31 | 2019 | WordPressMySQLPHP+44 | — | — |
| 42 | 01 Communique Provider of Zero trust remote access software 16Product top 22%Funding top 34%Talent bottom 49%Growth bottom 39% All 10 signals ▾Producttop 22% Fundingtop 34% Talentbottom 49% Growthbottom 39% Fin. healthbottom 36% Globalbottom 32% Techbottom 31% Customersbottom 27% Marketbottom 25% Newsbottom 24% Product: 2 published apps (6.3k installs) · Company stage: Public Funding: Raised $3.4M across 6 rounds · 6 rounds over 8 yrs (0.8/yr) rank vs industry peers · Fliar Intelligence Index 16/100 | $3M | 8 mo ago | 11 | 1992 | Node.jsPHPDebian+6 | — | 4 launchs |
| 43 | Cybeats Provider of a cybersecurity platform for IoT devices 60News top 19%Product top 19%Growth top 25%Partners top 32% All 10 signals ▾Newstop 19% Producttop 19% Growthtop 25% Partnerstop 32% Fundingtop 36% Innovationtop 38% Moattop 48% Techbottom 48% Marketbottom 43% Globalbottom 38% News: 5 BI events in 12 mo (of 43 tracked, 8 types) · +150% YoY Product: 3 distinct product lines · Company stage: Public rank vs industry peers · Fliar Intelligence Index 60/100 | $3M | 7 mo ago | 41 | 2016 | WebflowAmazon Web ServicesBambooHR+15 | — | 1 award |
| 44 | SoLVBL Data authentication solutions provider | $3M | 60 mo ago | — | 2020 | — | — | — |
| 45 | PitchPoint Solutions Credit risk solutions for lenders | $3M | 63 mo ago | 20 | 2003 | Node.jsZohoTailwind CSS+10 | — | — |
| 46 | Fairblock Blockchain infrastructure builder using applied cryptography | $2M | 32 mo ago | 4 | 2022 | Tailwind CSSReactReact Router+6 | — | — |
| 47 | Liquid Avatar Identity management solutions for multiple sectors | $2M | 45 mo ago | 24 | 2014 | — | — | — |
| 48 | Route1 Provider of automatic license plate recognition and actionable business intelligence solutions 35Product top 18%Patents top 38%News top 40%Innovation top 42% All 12 signals ▾Producttop 18% Patentstop 38% Newstop 40% Innovationtop 42% Fundingtop 48% Talentbottom 49% Globalbottom 45% Moatbottom 45% Marketbottom 44% Fin. healthbottom 42% Techbottom 40% Growthbottom 38% Product: 1 product launch event in 12 mo, 1 the year before · Company stage: Public Patents: 18 patents matched (strict assignee match) · Lead CPC: H04L63/0823 (+1 more areas) rank vs industry peers · Fliar Intelligence Index 35/100 | $1M | 7 mo ago | 51 | 2004 | WordPressShowitApple iCloud Mail+15 | 18 patents Cryptographic key generation, storage, distribution, and derived credential management systems | 1 launch · 2 partnerships |
Top 12 Cybersecurity companies in Ontario
#1
Series A · Toronto, Ontario · founded 2019 · 15 employees$8.7Mraised▾
Series A · Toronto, Ontario · founded 2019 · 15 employees
Provider of quantum computing technology for communication applications. It designs and develops quantum key infrastructure systems that integrate with existing symmetric encryption modules. Its product portfolio includes a QKI gateway for protecting local area networks, a small-sized QKI gateway to protect small offices, and operators for key distribution systems. It has applications in the government, defence, critical infrastructure, telecommunication, and cybersecurity sectors.
Fliar Intelligence Index™ 32how this company ranks against its industry peers
Funding
top 37%Moat
top 38%Innovation
top 40%Patents
top 44%Talent
bottom 49%Tech
bottom 47%Funding: Raised $8.7M across 2 rounds · 2 rounds over 3 yrs (0.7/yr) · Last round Series A (May 2026)
Moat: Editorial + unicorn rating 4/10 · IP moat: 9 patents
Innovation: 9 patents (top 70% of patent-holders) · 9 filings since 2022 vs 0 in 2017-21 · Deep-tech classification: Tech Hardware
Audience (LinkedIn): 3k LinkedIn followers
Funding rounds
- May 2026Series A$8M
- Aug 2024Seed—
- May 2023Grant (prize money)$665.2K
Founders & team
Investors
Canadian Space Agency, Juniper Networks, Primo Capital, Wayra, Cadenza, Club degli Investitori
Tech stack
Amazon Web ServicesApache Http ServerBunnyCore-JsDownload MonitorElementor
#2
Acquired · Ottawa, Ontario · founded 2018 · 33 employees$4.5Mraised▾
Acquired · Ottawa, Ontario · founded 2018 · 33 employees
Provider of quantum cryptography-based secure communication solutions. It offers quantum cryptography-based encryption solutions for protecting data and securing communications. The features include file encryption, drag, and drop encryption and decryption, file access controls, etc.
Fliar Intelligence Index™ 42how this company ranks against its industry peers
Product
top 32%Funding
top 39%Patents
top 39%Partners
top 42%News
top 43%Innovation
top 44%Product: 3 distinct product lines · Company stage: Acquired
Funding: Raised $4.5M across 9 rounds · 9 rounds over 2 yrs (4.5/yr) · Last round Seed (Apr 2026)
Patents: 34 patents matched (strict assignee match) · 15 filings since 2022 vs 19 in 2017-21 · Latest publication 2025
Audience (LinkedIn): 5k LinkedIn followers
Funding rounds
- Apr 2026Seed$1.2M
- Dec 2025Seed$50K
- May 2025Seed$750K
- Oct 2024Seed$458.8K
Investors
Government of Canada
Tech stack
Amazon Web ServicesApache Http ServerCloudflareCloudflare Bot ManagementCore-JsElementor
#3
Series C · Toronto, Ontario · founded 2019 · 116 employees$115Mraised▾
Series C · Toronto, Ontario · founded 2019 · 116 employees
VPN solutions based on wireguard protocol. The product uses multi-factor identification and single-sign-on technology for secure authentication. The features of the product include automatic key rotations, point-to-point connections, encryption, audit-compliant logging, etc. The product is available for Linux, iOS, Windows, Raspberry Pi and ARM.
Fliar Intelligence Index™ 84how this company ranks against its industry peers
Tech
top 23%Funding
top 25%Moat
top 25%Customers
top 27%Talent
top 28%Innovation
top 29%Tech: 50 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services · Devops: Nginx, Varnish
Funding: Raised $115M across 4 rounds · 4 rounds over 6 yrs (0.7/yr) · Last round Series C (Apr 2025)
Moat: Editorial + unicorn rating 9/10 · IP moat: 27 patents · Unicorn
Audience (LinkedIn): 38k LinkedIn followers — 4.8% of this cohort's audience
Hiring (LinkedIn): 5 hiring posts in 12 mo (public) · momentum +5 · hiring: Customer Support Engineer, Windows Engineer
Funding rounds
- Apr 2025Series C$160M
- May 2022Series B$100M
- Nov 2020Series A$12M
- Apr 2020Seed$3M
Founders & team
Investors
Heavybit, Uncork Capital, CRV, Insight Partners, Accel, Sparkwave Capital
Tech stack
Amazon CloudfrontAmazon Web ServicesApple Sign-InCloudflareCloudflare Bot ManagementDiscourse
#4
Series B · Ottawa, Ontario · founded 2016 · 163 employees$34.5Mraised▾
Series B · Ottawa, Ontario · founded 2016 · 163 employees
Provides network security solutions. The products offered by the company are Covalence, Cyber Range, and Noble. Covalence is a network monitoring and analytics platform which provides a solution to measure, manage, and reduce the attack in the network. It is a simulation platform that provides a solution to perform tests, evaluate designs and assess procedures like disaster recovery or security incident response in a safe, repeatable environment.
Fliar Intelligence Index™ 64how this company ranks against its industry peers
Innovation
top 23%Funding
top 27%Patents
top 28%Moat
top 32%Product
top 36%Growth
top 45%Innovation: 35 patents (top 23% of patent-holders) · 30 filings since 2022 vs 5 in 2017-21 · 5 product lines
Funding: Raised $34.5M across 3 rounds · 3 rounds over 4 yrs (0.8/yr) · Last round Series B (Aug 2025)
Patents: 35 patents matched (strict assignee match) · 30 filings since 2022 vs 5 in 2017-21 · Latest publication 2026
Audience (LinkedIn): 7k LinkedIn followers
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
- Aug 2025Series B$3M
- Aug 2023Conventional Debt$30M
- Oct 2022Series B$34.5M
Founders & team
Investors
Scotiabank, Edison Partners, Round13, Syrus Partners, Tiny, PROPELR Growth
Tech stack
6SenseCdnjsCloudflareCloudflare Bot ManagementCore-JsFacebook Pixel
#5
Public · Toronto, Ontario · founded 2012$5.5Mraised▾
Public · Toronto, Ontario · founded 2012
Provider of cybersecurity, data management, and IT solution services
Fliar Intelligence Index™ 72how this company ranks against its industry peers
Growth
top 15%Partners
top 18%Product
top 18%Innovation
top 23%News
top 25%Funding
top 35%Growth: Fresh capital in last 24 mo
Partners: 5 contract events in 12 mo · Named contractor/client in 5 deals
Product: 9 product launch events in 12 mo, 2 the year before · Company stage: Public
Audience (LinkedIn): 984 LinkedIn followers
Funding rounds
- Jan 2026Post IPO$1.1M
- Jun 2025Post IPO$1.1M
- May 2025Post IPO$50.2K
- Apr 2025Post IPO$76.1K
Founders & team
#6
Series C · Ottawa, Ontario · founded 2013 · 27 employees$50Mraised▾
Series C · Ottawa, Ontario · founded 2013 · 27 employees
Platform offering network virtualization. It enables users to deploy and optimize virtual network firewalls. It provides visibility into the virtual firewall and manages the health and performance of the infrastructure. It also provides a turnkey network security virtualization platform with dashboards and firewalls, auto-scaling, and more.
Fliar Intelligence Index™ 37how this company ranks against its industry peers
Funding
top 28%Moat
top 31%Talent
top 34%Growth
top 35%Product
top 41%Tech
bottom 46%Funding: Raised $50.0M across 13 rounds · 13 rounds over 13 yrs (1.0/yr) · Last round Series C (May 2025)
Moat: Editorial + unicorn rating 8/10 · IP moat: 2 patents · Soonicorn
Talent: Analyst team rating 4/5 · 2 named leaders on record · 2 C-suite/founder profiles curated
Funding rounds
- May 2025Series C$72.4K
- May 2025Series C$138.2K
- Apr 2025Series C$139.3K
- Mar 2025Series C$277.9K
Founders & team
Investors
Celtic House Venture Partners, Roadmap Capital, BDC, Onbelay Capital
Tech stack
Apache Http ServerBackbone.JsBunnyBunny FontsCloudflareCloudflare Bot Management
#7
Series B · Ottawa, Ontario · founded 2020 · 34 employees$15Mraised▾
Series B · Ottawa, Ontario · founded 2020 · 34 employees
Cloud based platform offering application security solutions. It provides a SaaS security platform for MSPs to discover, manage and secure their clients SaaS applications. It also helps MSPs uncover shadow IT, manage their customers Microsoft 365 and Google Workspace cloud apps, and enforce security policies to prevent security breaches.
Fliar Intelligence Index™ 24how this company ranks against its industry peers
News
top 27%Funding
top 45%Tech
top 45%Product
top 49%Global
bottom 36%Market
bottom 35%News: 3 BI events in 12 mo (of 16 tracked, 8 types) · Top themes: Funding, Capital raise
Funding: Raised $15.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Series B (Nov 2025)
Tech: 34 technologies across 3/8 capability areas · Cloud: Amazon Ses, Amazon Web Services · Security: Cloudflare Bot Management, Http/3
Audience (LinkedIn): 6k LinkedIn followers
Activity (LinkedIn): 1 product launches · 1 awards announced in 12 mo
Funding rounds
- Nov 2025Series B$15M
Investors
Camber
Tech stack
Amazon SesAmazon Web ServicesApple Icloud MailCloudflareCloudflare Bot ManagementCookieyes
#8
Public · Toronto, Ontario · founded 2016 · 41 employees$3Mraised▾
Public · Toronto, Ontario · founded 2016 · 41 employees
Provider of a cybersecurity platform for IoT devices. It provides solutions to identify security vulnerabilities in the development process of a device and protects it against abnormal device behaviour and allows immediate response without downtime. It also provides SOC integration and tools to manage the ongoing security of deployed devices, including secure firmware updates.
Fliar Intelligence Index™ 60how this company ranks against its industry peers
News
top 19%Product
top 19%Growth
top 25%Partners
top 32%Funding
top 36%Innovation
top 38%News: 5 BI events in 12 mo (of 43 tracked, 8 types) · +150% YoY · 3 high-value events (IPO/M&A/funding/contracts) in 12 mo
Product: 3 distinct product lines · Company stage: Public
Growth: Fresh capital in last 24 mo
Audience (LinkedIn): 4k LinkedIn followers
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Nov 2025Post IPO$1M
- Nov 2024Post IPO$135.6K
- Apr 2024Post IPO$1.8M
- Apr 2023Post IPO$4.6M
Investors
Inovia Capital, Maple Leaf Angels, GreenSoil Investments, ScaleX, MaRS Discovery District, Ripple Ventures
Tech stack
Amazon SesAmazon Web ServicesBamboohrCloudflareCloudflare Bot ManagementGoogle Ads
#9
Public · Mississauga, Ontario · founded 1992 · 11 employees$3.4Mraised▾
Public · Mississauga, Ontario · founded 1992 · 11 employees
Provider of Zero trust remote access software. Key features include incident tracking; concurrent chats; custom survey tools; live chat software; remote session control. Monetizes based on the number of licenses.
Fliar Intelligence Index™ 16how this company ranks against its industry peers
Product
top 22%Funding
top 34%Talent
bottom 49%Growth
bottom 39%Fin. health
bottom 36%Global
bottom 32%Product: 2 published apps (6.3k installs) · Company stage: Public
Funding: Raised $3.4M across 6 rounds · 6 rounds over 8 yrs (0.8/yr) · Last round Post IPO (Oct 2025)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Audience (LinkedIn): 1k LinkedIn followers
Activity (LinkedIn): 4 product launches announced in 12 mo
Funding rounds
- Oct 2025Post IPO$1.7M
- Jan 2025Post IPO$64K
- Dec 2022Post IPO$67.5K
- Sep 2022Post IPO$112.5K
Founders & team
Investors
BEST Funds
Tech stack
Apache Http ServerDebianGoogle Font ApiJoomlaJqueryMootools
#10
Public · Toronto, Ontario · founded 2004 · 51 employees$1.4Mraised▾
Public · Toronto, Ontario · founded 2004 · 51 employees
Provider of automatic license plate recognition and actionable business intelligence solutions. The company offers a unified analytics platform with lifecycle support for reliable system operations. It translates operational data into actionable insight, supporting real-time decision-making. The company integrates data and analytics, enabling operators to evaluate operations against benchmarks.
Fliar Intelligence Index™ 35how this company ranks against its industry peers
Product
top 18%Patents
top 38%News
top 40%Innovation
top 42%Funding
top 48%Talent
bottom 49%Product: 1 product launch event in 12 mo, 1 the year before · Company stage: Public
Patents: 18 patents matched (strict assignee match) · Lead CPC: H04L63/0823 (+1 more areas)
News: 14 BI events in 12 mo (of 41 tracked, 7 types) · -18% YoY · 2 high-value events (IPO/M&A/funding/contracts) in 12 mo
Audience (LinkedIn): 2k LinkedIn followers
Activity (LinkedIn): 1 product launches · 2 partnerships (incl. City of St. Petersburg parking team) announced in 12 mo
Funding rounds
- Nov 2025Post IPO$356.1K
- Dec 2020Post IPO$106.2K
- Mar 2018Post IPO$968.4K
Founders & team
Tech stack
Animate.CssApple Icloud MailCdnjsCloudflareCloudflare Bot ManagementGoogle Analytics
#11
Series C · Kitchener, Ontario · founded 2011 · 284 employees$90.7Mraised▾
Series C · Kitchener, Ontario · founded 2011 · 284 employees
Provider of video tools for sales and marketing virtual teams. It offers video messaging, hosting, and agentic AI to personalize video communication. The platform provides features like AI avatars and video engagement analytics. It integrates with various GTM tech stacks to streamline sales activities.
Fliar Intelligence Index™ 67how this company ranks against its industry peers
Tech
top 24%Funding
top 29%Moat
top 31%Talent
top 38%Market
top 41%Growth
top 45%Tech: 66 technologies across 6/8 capability areas · Cloud: Amazon S3, Amazon Web Services · Devops: Envoy, Varnish
Funding: Raised $90.7M across 6 rounds · 6 rounds over 15 yrs (0.4/yr) · Last round Series C (Apr 2024)
Moat: Editorial + unicorn rating 8/10 · Soonicorn · 10 curated direct competitors tracked
Audience (LinkedIn): 44k LinkedIn followers — 5.6% of this cohort's audience
Activity (LinkedIn): 2 awards announced in 12 mo
Funding rounds
- Apr 2024Series C$15M
- Jan 2016Series C$35M
- Jan 2015Series B$18M
- Mar 2013Series A$6M
Founders & team
Investors
OMERS, Inovia Capital, Uncork Capital, SV Angel, Andreessen Horowitz, Y Combinator
Tech stack
Alpine.JsAmazon S3Amazon Web ServicesBeaver BuilderBootstrapCdnjs
#12
Series C · Toronto, Ontario · founded 2006 · 1413 employees$920.1Mraised▾
Series C · Toronto, Ontario · founded 2006 · 1413 employees
Cloud based platform for remote access software. It stores passwords and provides document storage. It allows the user to control what information to make visible, delegate management roles, and get comprehensive usage reports. It offers features such as password manager, access management, two factor authentication, passkeys, and more. The app supports Mac, Windows, Android, iOS, and the web. The customers include Today, BBC, CNN, and Mashable.
Fliar Intelligence Index™ 83how this company ranks against its industry peers
Tech
top 21%Market
top 22%Moat
top 26%Funding
top 27%Customers
top 31%Innovation
top 32%Tech: 63 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Devops: Nginx
Market: 1,413 employees (top 2% of Enterprise Infrastructure) · Top-100,000 web property · Unicorn (valued $6.8B)
Moat: Editorial + unicorn rating 9/10 · Unicorn · 9 curated direct competitors tracked
Audience (LinkedIn): 119k LinkedIn followers — 15.1% of this cohort's audience
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
- Dec 2021Series C$620M
- May 2021Series B$100.1M
- Nov 2019Series A$200M
Founders & team
Investors
Accel, Slack, Skip Capital, Sound Ventures, Iconiq Capital, Tiger Global Management
Tech stack
Amazon CloudfrontAmazon S3Amazon SesAmazon Web ServicesAtlassian StatuspageBabel
Funding & investor landscape
$2.2Btotal disclosed funding
71companies funded
176disclosed rounds
2rounds last 90 days
Most active investors
Export Development Canada6 rounds
Y Combinator5 rounds
Notable founders
Mattia Montagna
Co-Founder & CEO · Quantum Bridge Technologies
Avery Pennarun
Co-founder and CEO · Tailscale
David Crawshaw
Co-Founder · Tailscale
Matt Holland
Founder & CEO · Field Effect
Alain Ghiai
Founder & CEO · Sekur Private Data
Carolyn Raab
Co-Founder and Chief Product Officer · Corsa Security
Tom Ku
Co-Founder and CTO · Corsa Security
Andrew Cheung
President / CEO · 01 Communique
Tony Busseri
CEO | President | Board Director · Route1
Devon Galloway
Co-Founder & CTO · Vidyard
Michael Litt
Co-Founder and CEO · Vidyard
David Teare
Co-Founder · 1Password
Prism market signals · Canada · country-scoped Prism corpus, 8,222,207 docs
Market landscape — 10 sub-themes by coverage
Share of Cybersecurity coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH FROM Ontario · institutions
What Ontario researches in cybersecurity
University of Ontario Institute of Technology and Ontario Tech lead Ontario's cybersecurity research, focusing on network intrusion and malware detection with a cautiously optimistic stance (mean 0.42).
12 papersstance +0.4236% breakthrough27% concern
local research themes
Network Security and Intrusion DetectionAdvanced Malware Detection TechniquesAnomaly Detection Techniques and ApplicationsSmart Grid Security and ResilienceInternet Traffic Analysis and Secure E-votingMachine Learning and Data Classification
top institutions
- University of Ontario Institute of Technology6
- Ontario Tech University5
- Ontario Ministry of Labour1
Common questions
How many Cybersecurity companies are there in Ontario, Canada?
Radar tracks 249 indexable Cybersecurity companies headquartered in Ontario, Canada that meet our profile-completeness bar.
What is the total funding raised by Cybersecurity companies in Ontario, Canada?
The Cybersecurity companies in Ontario, Canada on this list have raised a combined $2.2B in disclosed equity funding across 71 funded companies.
Which is the highest-funded Cybersecurity company in Ontario, Canada?
1Password is the highest-funded Cybersecurity company in Ontario, Canada, with $920.1M in disclosed equity funding.
How many Cybersecurity companies in Ontario, Canada are funded?
71 of the 249 Cybersecurity companies in Ontario, Canada on this list have disclosed at least one equity funding round.
How many Cybersecurity unicorns are there in Ontario, Canada?
2 Cybersecurity companies in Ontario, Canada on this list are valued at $1B or more.
Who are the top investors in Ontario, Canada Cybersecurity companies?
The most active investors in Ontario, Canada Cybersecurity companies on this list include BDC, Accelerator Centre, MaRS Discovery District, Export Development Canada, MaRS IAF.
Riya SenguptaFinancials
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.