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Radar · Cybersecurity in Ottawa

Best Cybersecurity Companies in Ottawa, Canada

The 51 best Cybersecurity companies in Ottawa, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Rewind.

51companies tracked
$304.9Mdisclosed funding
0unicorns
20have raised
FLIAR INTELLIGENCE · CYBERSECURITY × OTTAWA

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
194kcombined LinkedIn audience
81%of audience held by top 3
2companies hiring publicly (12 mo)

Ranked: Best Cybersecurity companies in Ottawa

#CompanyDisclosed fundingLast roundEmployeesFounderTech stackWeb popularityPatents & IP focusRecent signals
1Rewind
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
$90M45 mo ago105James C
Co-Founder & CTO
WordPress Block EditorElementorWordPress+47Top 5M——
2Corsa 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
$50M14 mo ago27Carolyn Raab
Co-Founder and Chief Product Officer
WordPressMySQLSalesforce+28Top 50M2 patents
Scalable virtualized network security functions (NFV) horizontal scaling solutions
—
3Nakina Systems
Network security and orchestration solutions
$36M180 mo ago87—————
4Field 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
$34M11 mo ago163Matt Holland
Founder & CEO
HubSpot CMS HubVimeoGSAP+32Top 5M35 patents
Cybersecurity monitoring, detection, and mitigation for networks, endpoints, and kernel drivers
1 launch
5Third Brigade
Compliance Security Software
$16M255 mo ago—Rares Stefan
Founder and Chief Scientist
——28 patents
Patents concentrated in electrical & electronics
—
6Augmentt
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
$15M9 mo ago34—WordPressApple iCloud MailMicrosoft 365+31Top 10M—1 launch · 1 award
7Graphite Software
Provider of secure spaces in mobile device
$12M121 mo ago35———21 patents
Enterprise mobile device domain management and secure encrypted content/configuration control
—
8Cloakware
Application security to prevent tampering, reverse enginnering & attack
$10M256 mo ago4———31 patents
Runtime application security and credential management, including interlocking, buffer overflow mitigation, and biometrics.
—
9Validian
SDK-based intrusion prevention for secure communication
$9M121 mo ago10———6 patents
Secure identity authentication protocols for encrypted data exchange and communication networks
—
10VoIPshield
Security for threats & exploits of VoIP network
$8M221 mo ago12—WordPressPleskMySQL+12Top 50M——
11CloudLink Tech
Cloud based encryption solution for data security in cloud compute instances
$6M157 mo ago51—————
12Quantropi
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
$5M3 mo ago33—WebflowElementorWordPress+30Top 10M34 patents
Quantum‑safe cryptography and digital signature schemes with enhanced randomness generation
—
13Privacy Analytics
De-identification solution for healthcare organizations
$4M144 mo ago99Khaled El Emam
CEO
WordPressBugHerdMySQL+29Top 10M80 patents
Machine‑learning‑driven privacy‑preserving data anonymization and transformation for regulatory compliance
1 launch
14Zighra
Provider of an AI operating system for cyber and electronic defense
$3M115 mo ago10———43 patents
Context-aware behavioral biometric authentication and fraud detection for satellite navigation communications
—
15Cord3
Encryption based data security solution
$2M81 mo ago30Bruce Carruthers
Co-Founder
———1 job opening
16inBay Tech
Password-less Multi-Factor Authentication SaaS solution
$2M101 mo ago8Stan Xavier
Co-Founder & Chairman
————
17Chrysalis-ITS
Hardware & software encryption for enterprise security & CA
$1M358 mo ago70Dave Longbottom
CEO & President
——6 patents
Network time synchronization and secure timestamping for digital communication systems
—
18Magor Corporation
Provides video communication solutions
$502K153 mo ago19—————
19Bluink
Smartphone-based password and sign on credentials bank
$500K134 mo ago21—Animate.cssStripeApache HTTP Server+12Top 5M11 patents
Patents concentrated in computing, sensing & instrumentation
—
20Phirelight
Network traffic analytics based threat detection
$120K125 mo ago28Wayne Teeple
Founder & CEO
————
21Crypto4A
Security processing appliance for key management & cryptography
—29 mo ago29—Node.jsZohoRadix UI+14Top 5M—1 partnership · 1 award
22Mitel
Cloud based platform for unified communication management
—92 mo ago750———31 patents
Patents concentrated in electrical & electronics
—

Top 12 Cybersecurity companies in Ottawa

#1
Acquired · Ottawa, Ontario · founded 2018 · 33 employees
$4.5Mraised
▾

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 — 2.6% of this cohort's audience
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
#2
Series B · Ottawa, Ontario · founded 2016 · 163 employees
$34.5Mraised
▾

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 — 3.5% of this cohort's audience
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
Matt HollandFounder & CEO
Investors
Scotiabank, Edison Partners, Round13, Syrus Partners, Tiny, PROPELR Growth
Tech stack
6SenseCdnjsCloudflareCloudflare Bot ManagementCore-JsFacebook Pixel
#3
Series C · Ottawa, Ontario · founded 2013 · 27 employees
$50Mraised
▾

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
Carolyn RaabCo-Founder and Chief Product OfficerTom KuCo-Founder and CTO
Investors
Celtic House Venture Partners, Roadmap Capital, BDC, Onbelay Capital
Tech stack
Apache Http ServerBackbone.JsBunnyBunny FontsCloudflareCloudflare Bot Management
#4
Series B · Ottawa, Ontario · founded 2020 · 34 employees
$15Mraised
▾

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 — 3.1% of this cohort's audience
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
#5
Series B · Ottawa, Ontario · founded 2015 · 105 employees
$89.9Mraised
▾

Cloud based enterprise data backup management software. It provides features that include backup rewind, CSV file management, third party application integration, data restoration, account level access management, data security management, and compliance audit management.

Fliar Intelligence Index™ 67how this company ranks against its industry peers
Tech
top 21%
Funding
top 31%
Moat
top 31%
Growth
top 45%
AI
top 45%
Market
top 49%
Tech: 66 technologies across 6/8 capability areas · Cloud: Amazon S3, Amazon Web Services · Observability: New Relic, Sentry
Funding: Raised $89.9M across 3 rounds · 3 rounds over 6 yrs (0.5/yr) · Last round Series B (Nov 2022)
Moat: Editorial + unicorn rating 8/10 · Soonicorn · 10 curated direct competitors tracked
Audience (LinkedIn): 29k LinkedIn followers — 14.7% of this cohort's audience
Funding rounds
  • Nov 2022Series B$10M
  • Sep 2021Series B$65M
  • Jan 2021Series A$14.9M
  • 2020Seed—
Founders & team
James CCo-Founder & CTO
Investors
Inovia Capital, Ridge Ventures, Bessemer Venture Partners, FundFire, ScaleUP Ventures, Mistral
Tech stack
AdaAhrefsAmazon S3Amazon Web ServicesAtlassian StatuspageBootstrap
#6
Acqui-Hired · Ottawa, Ontario · founded 2002 · 87 employees
$36.1Mraised
▾

Network security and orchestration solutions. The NI Framework helps in enabling the management across multi vendor platforms. It provides Adapters for communication to various 3rd party applications, orchestrators, OSS, and BSS. Other applications supported are for management, auditing, and analysis of the parameter of the networks. It also provides NI guardian which is an IAM solution and provides continuous scanning and Advanced Analytics which helps in identifying the threats and dissolving them.

Funding rounds
  • Jul 2011Series C—
  • Nov 2008Convertible Debt$2.9M
  • Oct 2008Convertible Debt$2M
  • Jul 2008Convertible Debt$12.6M
Investors
VenGrowth VG Partners, VIMAC Ventures, MMV Financial, Covington Capital, WAVE Equity Partners
#7
Acqui-Hired · Ottawa, Ontario · founded 2004
$16Mraised
▾

Third Brigade was compliance software company headquartered in Ottawa, Canada. Trend Micro bought the business to accelerate its dynamic datacenter security strategy, and to provide customers with access to critical security and compliance software and vulnerability response services. These all contribute to protecting physical, virtual and cloud servers, and corporate endpoints, from sophisticated malware and malicious activity.

Funding rounds
  • Apr 2005Series A$5M
Founders & team
Rares StefanFounder and Chief Scientist
Investors
Summerhill Venture Partners, BDC, Celtic House Venture Partners
#8
Series B · Ottawa, Ontario · founded 2012 · 35 employees
$12.4Mraised
▾

Graphite addresses data security needs of the Enterprise IT department that arises through BYOD. Highly confidential information such as credit card and online banking data or corporate data can be assigned to secure spaces on the device and managed either by the device owner, an enterprise IT department, or a third party service provider.

Funding rounds
  • Jun 2016Series B$8M
  • Jun 2013Series A$4.4M
Investors
Celtic House Venture Partners, ZVCA, GCI Capital
#9
Late Stage · Ottawa, Ontario · founded 1989 · 10 employees
$9.2Mraised
▾

Validian provides SDK-based intrusion prevention for secure communication. It provides intrusion prevention against cyber-attacks by securing mobile, non-mobile, and web applications and user communication. It also detects hacking and unauthorized access of critical applications via impersonation, spoofing, phishing, SQL injections, MiTM, and MiTB attacks. The software provided helps in building, deploying, and controlling information and security policies within mobile and non-mobile applications. It uses a security middleware that binds application peers, security services, and communications policy into an integrated information protection solution. It delivers graphic-rich advertising content through mobile, cloud, web, local, and network applications to end-users.

Funding rounds
  • Jun 2016Post IPO$1.2M
  • Mar 2004Post IPO$6M
  • Jan 2004Post IPO$2M
#10
Acquired · Ottawa, Ontario · founded 1997 · 4 employees
$10Mraised
▾

Cloakware provided software protection solution to protect the integrity of their application. It delivered application security products and services to protect software against tampering, reverse engineering and automated attacks exploiting a specific vulnerability. Technology allows application security against sophisticated hackers intent on altering or bypassing functionality, exposing sensitive data or algorithms, or pirating digital content.Winner of Frost and Sullivan award for technology innovation and Branham 300 award.

Funding rounds
  • Mar 2005Series B$10M
Investors
Birch Hill Equity Partners, Globespan Capital Partners, Intel Capital, Fairhaven Capital, ForgePoint Capital
#11
Series B · Ottawa, Ontario · founded 2005 · 12 employees
$8Mraised
▾

VoIPshield Systems develops products to protect Voice-over-IP (VoIP) networks from security threats and exploits. Products include VoIPaudit, a VoIP Vulnerability Assessment (VVA) System, and VoIPguard, a VoIP Intrusion Prevention System (VIPS). Product VoIPaudit is a client-based VoIP/UC vulnerability assessment application that runs on computer & provide web interface combined with back-end functionality that identifies, tracks, reports and assists in the remediation of security vulnerabilities. ItsVoIPshield Labs is an internal research group that performs vulnerability testing and analysis specialized in zero-day vulnerabilities.

Funding rounds
  • Feb 2008Series B$6M
  • Apr 2005Seed$2M
Investors
Brightspark Ventures, Israel-marketing.com, Terracap Ventures
Tech stack
WordpressMysqlPhpThemegrill ColormagColormagJquery Migrate
#12
Acquired · Ottawa, Ontario · founded 2003 · 51 employees
$6Mraised
▾

CloudLink provided software-based encryption & data security solutions for hybrid clouds. Product SecureVM controlled, managed and attested encyption to compute instances in clouds like Windows and Linux OS images, Azure, vCloud Air and the Federation Enterprise Hybrid clouds. Acquired by EMC in 2015 after being selected for 2 year partner program of EMC.

Funding rounds
  • Jun 2013Series A$6M
Investors
BDC, Dell Technologies Capital

Funding & investor landscape

$304.9Mtotal disclosed funding
20companies funded
58disclosed rounds
0rounds last 90 days
Most active investors
BDC6 rounds
Invest Ottawa5 rounds
Canadian Technology Accelerator3 rounds
Celtic House Venture Partners3 rounds
MaRS IAF3 rounds
Government of Canada2 rounds
L-Spark2 rounds
2Keys1 rounds
Andreessen Horowitz1 rounds
Atlassian1 rounds

Notable founders

Matt Holland
Founder & CEO · Field Effect
Carolyn Raab
Co-Founder and Chief Product Officer · Corsa Security
Tom Ku
Co-Founder and CTO · Corsa Security
James C
Co-Founder & CTO · Rewind
Rares Stefan
Founder and Chief Scientist · Third Brigade
Khaled El Emam
CEO · Privacy Analytics
Bruce Carruthers
Co-Founder · Cord3
Stan Xavier
Co-Founder & Chairman · inBay Tech
Dave Longbottom
CEO & President · Chrysalis-ITS
Wayne Teeple
Founder & CEO · Phirelight
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 Ottawa · institutions

What Ottawa researches in cybersecurity

21 papersstance +0.6368% breakthrough11% concern
breakthrough · advancement · concern
local research themes
Network Security and Intrusion DetectionAdvanced Malware Detection TechniquesSoftware-Defined Networks and 5GInternet Traffic Analysis and Secure E-votingAnomaly Detection Techniques and ApplicationsBlockchain Technology Applications and Security
top institutions
  • University of Ottawa20
  • Ottawa University1

Common questions

How many Cybersecurity companies are there in Ottawa, Canada?
Radar tracks 51 indexable Cybersecurity companies headquartered in Ottawa, Canada that meet our profile-completeness bar.
What is the total funding raised by Cybersecurity companies in Ottawa, Canada?
The Cybersecurity companies in Ottawa, Canada on this list have raised a combined $304.9M in disclosed equity funding across 20 funded companies.
Which is the highest-funded Cybersecurity company in Ottawa, Canada?
Rewind is the highest-funded Cybersecurity company in Ottawa, Canada, with $89.9M in disclosed equity funding.
How many Cybersecurity companies in Ottawa, Canada are funded?
20 of the 51 Cybersecurity companies in Ottawa, Canada on this list have disclosed at least one equity funding round.
How many Cybersecurity unicorns are there in Ottawa, Canada?
None of the Cybersecurity companies in Ottawa, Canada on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Ottawa, Canada Cybersecurity companies?
The most active investors in Ottawa, Canada Cybersecurity companies on this list include BDC, Invest Ottawa, Canadian Technology Accelerator, Celtic House Venture Partners, MaRS IAF.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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