Radar · Enterprise Infrastructure in Canada
Best Enterprise Infrastructure Companies in Canada
The 1046 best Enterprise Infrastructure companies in Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: GardaWorld.
By Riya SenguptaFinancials
1046companies tracked
$12.2Bdisclosed funding
3unicorns
293have raised
Ranking the strongest Enterprise Infrastructure companies in Canada by disclosed equity funding and recent momentum, this directory tracks 1,046 companies carrying $12.2B in total disclosed funding. That's real capital at work. GardaWorld alone accounts for $5.2B of it, which tells you something about how concentrated this field gets at the top. Tailscale has pulled in $115M, and 5C sits at $835M, so even outside the GardaWorld outlier you're looking at nine-figure bets from serious backers. Three unicorns have emerged from that pool. BDC and Y Combinator rank among the most active investors, which tracks given the mix of growth-stage and early-stage plays here.
Spend any time with the demand signals and the direction's clear. Enterprise spending on private data center equipment is picking up, and the swing away from on-premise collaboration products is pushing budgets toward cloud infrastructure and AI hardware, two of the hottest themes in coverage right now. Median app install growth across enterprise software and infrastructure categories is running at roughly plus-15% year-over-year. I'd watch the identity and trust layer closely too, as AI identity infrastructure is becoming a boardroom conversation, not just an IT one. And after last year's AWS outage shook confidence in single-cloud dependency, redundancy spending isn't optional anymore.
Sources & further reading
- New FDA analysis says infant formula supply is safe after testing for potential
- Fortinet warns ransomware victims rise 389% amid AI
- Cybercriminals Are Targeting the One Percent Like Never Before
FLIAR INTELLIGENCE · ENTERPRISE INFRASTRUCTURE × CANADA
Our analysis of 50 Enterprise Infrastructure companies
$9.9b in tracked funding; 98% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
50companies analysed
98%cloud-native stacks
2025funding peak (by rounds)
3unicorns
2017median founding year
874kcombined LinkedIn audience
56%of audience held by top 3
4companies hiring publicly (12 mo)
Ranked: Best Enterprise Infrastructure companies in Canada
| # | Company | Disclosed funding | Last round | Employees | Tech stack | Web popularity | Market signals (1y) | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | GardaWorld Provider of security personnel, risk management, and security service solutions 57Tech top 18%Funding top 24%Product top 36%Growth top 45% All 9 signals ▾Techtop 18% Fundingtop 24% Producttop 36% Growthtop 45% Marketbottom 49% Globalbottom 48% Fin. healthbottom 39% Moatbottom 38% Newsbottom 31% Tech: 104 technologies across 6/8 capability areas · Cloud: Amazon Alb, Amazon Cloudfront Funding: Raised $5.2B across 9 rounds · 9 rounds over 8 yrs (1.1/yr) rank vs industry peers · Fliar Intelligence Index 57/100 | $5.2B | 22 mo ago | 132,000 | Apple iCloud MailAlgoliaNode.js+29 | Top 500k | — | — | — |
| 2 | 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 | WebflowCart FunctionalityPassage+25 | Top 100k | 5 signals ▼38% New product · Leadership · IPO | — | 1 launch |
| 3 | 5C Provider of AI digital infrastructure, including data centers and cloud services 53Funding top 15%AI top 20%Talent bottom 49%Global bottom 48% All 6 signals ▾Fundingtop 15% AItop 20% Talentbottom 49% Globalbottom 48% Techbottom 42% Marketbottom 35% Funding: Raised $835M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) AI: Classified as an AI company rank vs industry peers · Fliar Intelligence Index 53/100 | $835M | 10 mo ago | — | WebflowYouTubeGSAP+13 | Top 10M | — | — | 1 partnership |
| 4 | eStruxture Provider of colocation, bandwidth, security, and support services to customers 67Talent top 15%Funding top 24%Growth top 25%News top 26% All 10 signals ▾Talenttop 15% Fundingtop 24% Growthtop 25% Newstop 26% Producttop 38% Moattop 39% Markettop 47% Techbottom 48% Innovationbottom 46% Globalbottom 36% Talent: Analyst team rating 5/5 Funding: Raised $668M across 4 rounds · 4 rounds over 8 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 67/100 | $668M | 40 mo ago | 130 | HubSpot CMS HubApple iCloud MailGoogle Workspace+18 | Top 5M | 12 signals ▲1100% Funding · Incorporation · New product | — | 1 expansion |
| 5 | Trulioo 🦄 Provider of online identity verification services for KYC, KYB, and AML 74AI top 20%Funding top 27%Product top 28%Market top 31% All 12 signals ▾AItop 20% Fundingtop 27% Producttop 28% Markettop 31% Moattop 32% Innovationtop 37% Techtop 37% Patentstop 41% Partnerstop 41% Globaltop 42% Newsbottom 46% Growthbottom 32% AI: Classified as an AI company Funding: Raised $477M across 6 rounds · 6 rounds over 14 yrs (0.4/yr) rank vs industry peers · Fliar Intelligence Index 74/100 | $477M | 60 mo ago | 412 | WordPressMySQLPHP+18 | Top 5M | 4 signals ▼67% New product · Leadership | 5 patents Privacy‑preserving data anonymization for fraud risk assessment in identity verification systems. | 1 launch · 1 expansion |
| 6 | Verafin Provider of financial crime management solutions for fraud detection and compliance 53Growth top 26%Funding top 32%Talent top 34%Product top 37% All 11 signals ▾Growthtop 26% Fundingtop 32% Talenttop 34% Producttop 37% Moattop 41% Techtop 44% Innovationbottom 43% Marketbottom 38% Globalbottom 37% Newsbottom 32% Patentsbottom 29% Growth: Headcount 16 → 32 (+100%) across vintages Funding: Raised $449M across 3 rounds · 3 rounds over 17 yrs (0.2/yr) rank vs industry peers · Fliar Intelligence Index 53/100 | $449M | 80 mo ago | 32 | WordPressApple iCloud MailMySQL+33 | Top 5M | — | 3 patents Anti-fraud analytics for financial transaction monitoring and compliance | 1 partnership |
| 7 | 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%) | Adobe Experience ManagerApple iCloud MailJava+29 | Top 500k | 38 signals ▼27% Earnings · Leadership · Buyback | 18,224 patents Secure mobile networking, carrier aggregation, sensor data handling, and cybersecurity solutions | 1 launch · 1 award |
| 8 | Conexiom AI-powered order and invoice automation for manufacturers and distributors 72AI top 30%Funding top 33%Tech top 38%News top 39% All 9 signals ▾AItop 30% Fundingtop 33% Techtop 38% Newstop 39% Markettop 41% Producttop 41% Growthtop 45% Talenttop 46% Globalbottom 45% AI: Classified as an AI company · Product described with: ai-powered Funding: Raised $170M across 2 rounds · 2 rounds over 8 yrs (0.2/yr) rank vs industry peers · Fliar Intelligence Index 72/100 | $170M | 56 mo ago | 246 | Cart FunctionalityHubSpot CMS HubApple iCloud Mail+35 | Top 10M | — | — | — |
| 9 | 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 | SanityNode.jsSalesforce+25 | Top 50k | — | 27 patents Secure zero‑trust mesh networking with distributed key management and overlapping IPv6 subnet handling. | 5 job openings |
| 10 | Unblocked Provider of AI-powered developer productivity platform for engineering teams 57Funding top 28%AI top 30%Growth top 35%Moat top 38% All 8 signals ▾Fundingtop 28% AItop 30% Growthtop 35% Moattop 38% Techtop 44% Talentbottom 49% Globalbottom 37% Marketbottom 34% Funding: Raised $110M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) AI: Classified as an AI company · Product described with: ai-powered rank vs industry peers · Fliar Intelligence Index 57/100 | $110M | 13 mo ago | — | Node.jsHeadless UIReact+17 | Top 5M | — | — | 1 job opening |
| 11 | 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 | WordPressApple iCloud MailGoogle Workspace+42 | Top 1M | — | — | 2 awards |
| 12 | 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 | WordPress Block EditorElementorWordPress+47 | Top 5M | — | — | — |
| 13 | 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 | WordPressMySQLSalesforce+28 | Top 50M | — | 2 patents Patents concentrated in electrical & electronics | — |
| 14 | Fable Cloud based usability testing platform 60Tech top 33%Growth top 35%Funding top 36%Moat top 39% All 7 signals ▾Techtop 33% Growthtop 35% Fundingtop 36% Moattop 39% Markettop 47% Talentbottom 49% Globalbottom 36% Tech: 46 technologies across 6/8 capability areas · Cloud: Amazon Ses, Amazon Web Services Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 60/100 | $37M | 20 mo ago | 146 | WordPressApple iCloud MailMicrosoft 365+43 | Top 5M | — | — | 1 partnership · 1 award |
| 15 | BTQ Provider of a platform offering post-quantum blockchain scaling solution 48Funding top 31%Growth top 32%Talent top 38%Moat top 48% All 7 signals ▾Fundingtop 31% Growthtop 32% Talenttop 38% Moattop 48% Techbottom 48% Marketbottom 35% Globalbottom 25% Funding: Raised $36.3M across 2 rounds · 2 rounds over 2 yrs (1.0/yr) Growth: Web rank 50,000,000 → 10,000,000 YoY · 1 acquisition/expansion move in 24 mo rank vs industry peers · Fliar Intelligence Index 48/100 | $36M | 11 mo ago | 27 | Node.jsTailwind CSSReact+9 | Top 10M | — | — | 1 launch |
| 16 | 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 | HubSpot CMS HubVimeoGSAP+32 | Top 5M | — | 35 patents Cybersecurity monitoring, endpoint detection, and network traffic filtering solutions | 1 launch |
| 17 | Qohash Cloud based provider of data security software 50Innovation top 32%Patents top 33%Moat top 37%Funding top 39% All 10 signals ▾Innovationtop 32% Patentstop 33% Moattop 37% Fundingtop 39% Growthtop 45% Talentbottom 49% Techbottom 47% Marketbottom 43% Globalbottom 37% Newsbottom 22% Innovation: 18 patents (top 40% of patent-holders) · 16 filings since 2022 vs 2 in 2017-21 Patents: 18 patents matched (strict assignee match) · 16 filings since 2022 vs 2 in 2017-21 rank vs industry peers · Fliar Intelligence Index 50/100 | $24M | 25 mo ago | 53 | WordPress Block EditorWordPressApple iCloud Mail+24 | Top 10M | — | 18 patents Secure data collection, display, and governance using encryption and integrity verification | — |
| 18 | HIVE Digital Technologies Data center owner and operator powering cutting-edge projects in the Web3 and AI industries 50Partners top 22%Growth top 30%News top 32%Funding top 34% All 8 signals ▾Partnerstop 22% Growthtop 30% Newstop 32% Fundingtop 34% Talentbottom 49% Techbottom 47% Globalbottom 36% Marketbottom 32% Partners: 3 partnership announcements in 12 mo (3 in 24 mo) · 6 contract events in 12 mo Growth: 27 acquisition/expansion moves in 24 mo rank vs industry peers · Fliar Intelligence Index 50/100 | $22M | 29 mo ago | 18 | UbuntuYouTubeVue.js+12 | Top 5M | 98 signals ▲36% Announcements · Earnings · Acquisition | — | — |
| 19 | OpsLevel Platform offering ALM enablers software 50Growth top 35%Funding top 38%Tech top 44%Talent bottom 49% All 7 signals ▾Growthtop 35% Fundingtop 38% Techtop 44% Talentbottom 49% Marketbottom 43% Globalbottom 39% Newsbottom 22% Growth: Fresh capital in last 24 mo Funding: Raised $20.0M across 3 rounds · 3 rounds over 6 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 50/100 | $20M | 18 mo ago | 53 | WebflowSentryApple iCloud Mail+27 | Top 10M | — | — | — |
| 20 | 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 | WordPressApple iCloud MailMicrosoft 365+31 | Top 10M | 3 signals Funding · Capital raise | — | 1 launch · 1 award |
| 21 | Bot Press Provider of a platform for building and deploying AI agent solutions 69AI top 20%Funding top 34%Growth top 35%Talent top 38% All 10 signals ▾AItop 20% Fundingtop 34% Growthtop 35% Talenttop 38% Moattop 39% Techtop 40% Producttop 49% Marketbottom 45% Globalbottom 36% Newsbottom 32% AI: Classified as an AI company Funding: Raised $15.0M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) rank vs industry peers · Fliar Intelligence Index 69/100 | $15M | 11 mo ago | 33 | WebflowApple iCloud MailGoogle Workspace+25 | Top 500k | — | — | 1 launch |
| 22 | Boost Security Platform offering devops security software 45Growth top 35%Funding top 37%Talent top 38%Moat top 39% All 7 signals ▾Growthtop 35% Fundingtop 37% Talenttop 38% Moattop 39% Techtop 46% Globalbottom 36% Marketbottom 32% Growth: Fresh capital in last 24 mo Funding: Raised $12.0M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 45/100 | $12M | 1 mo ago | 28 | HubSpot CMS HubAmazon Web Servicescore-js+14 | Top 50M | — | — | — |
| 23 | CyberQP Privileged access management solution 32Talent top 38%Funding top 40%Product top 47%Tech bottom 49% All 8 signals ▾Talenttop 38% Fundingtop 40% Producttop 47% Techbottom 49% Marketbottom 41% Globalbottom 36% Newsbottom 29% Customersbottom 10% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated Funding: Raised $12.0M across 2 rounds · 2 rounds over 3 yrs (0.7/yr) rank vs industry peers · Fliar Intelligence Index 32/100 | $12M | 12 mo ago | 49 | WordPress Block EditorDiviWordPress+32 | Top 10M | — | — | — |
| 24 | Troj Company Provider of a platform securing artificial intelligence models and applications 27AI top 30%Funding top 43%Moat top 48%Tech bottom 42% All 9 signals ▾AItop 30% Fundingtop 43% Moattop 48% Techbottom 42% Productbottom 39% Globalbottom 37% Growthbottom 35% Marketbottom 32% Newsbottom 27% AI: Classified as an AI company · Product described with: artificial intelligence Funding: Raised $11.4M across 5 rounds · 5 rounds over 5 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 27/100 | $11M | 26 mo ago | 20 | WebflowLinkedin Insight TagGoogle Analytics+11 | Top 5M | — | — | 1 partnership |
| 25 | 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 | WordPressMySQLPHP+27 | Top 50M | — | 2 patents Assessing data confidence and reliability in AI/ML data pipelines | — |
| 26 | 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 | 0 mo ago | 15 | WordPressMySQLPHP+21 | Top 50M | — | 9 patents Secure quantum key distribution and management for cryptographic networks | — |
| 27 | Flare Provider of threat exposure management platform that detects and remediates risks 62Tech top 24%Talent top 28%Funding top 34%Moat top 39% All 7 signals ▾Techtop 24% Talenttop 28% Fundingtop 34% Moattop 39% Growthtop 43% Marketbottom 48% Globalbottom 36% Tech: 55 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services Talent: 4 named leaders on record · 4 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 62/100 | $9M | 7 mo ago | 50 | WordPressApple iCloud MailGoogle Workspace+34 | Top 1M | — | — | — |
| 28 | Tempo Developer of an AI-powered platform for React application design and development 62AI top 30%Tech top 32%Funding top 43%Growth top 45% All 7 signals ▾AItop 30% Techtop 32% Fundingtop 43% Growthtop 45% Talentbottom 49% Globalbottom 48% Marketbottom 47% AI: Classified as an AI company · Product described with: ai-powered Tech: 38 technologies across 5/8 capability areas · Cloud: Amazon S3, Amazon Web Services rank vs industry peers · Fliar Intelligence Index 62/100 | $6M | 7 mo ago | — | SentryInstatusNode.js+27 | Top 1M | — | — | 1 launch · 1 partnership |
| 29 | 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 | Webflowlit-htmlcore-js+16 | Top 50M | — | 15 patents Patents concentrated in electrical & electronics | — |
| 30 | 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 | — | — | — | 23 signals ▲109% New product · Funding · Contracts | — | — |
| 31 | Frugal Developer of software tools that analyze and optimize application code 35AI top 20%Talent top 38%Funding top 49%Tech bottom 48% All 6 signals ▾AItop 20% Talenttop 38% Fundingtop 49% Techbottom 48% Globalbottom 33% Marketbottom 25% AI: Classified as an AI company Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 35/100 | $5M | 7 mo ago | — | WebflowAmazon Web ServicesMicrosoft Clarity+20 | Top 50M | — | — | 2 job openings |
| 32 | 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 | WebflowElementorWordPress+30 | Top 10M | — | 34 patents Post‑quantum cryptographic algorithms, digital signatures, and secure randomness generation. | — |
| 33 | YScope Platform offering log analyzer software 10Patents top 42%Funding top 49%Moat bottom 49%Innovation bottom 48% All 6 signals ▾Patentstop 42% Fundingtop 49% Moatbottom 49% Innovationbottom 48% Globalbottom 35% Marketbottom 10% Patents: 11 patents matched (strict assignee match) · 5 filings since 2022 vs 5 in 2017-21 Funding: Raised $3.9M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 10/100 | $4M | 3 mo ago | 5 | — | — | — | 11 patents Efficient compression, search, and analysis of computer log data | 1 launch |
| 34 | Swan Chain AI-based computing and decentralized applications 24AI top 45%Tech top 48%Talent bottom 49%Funding bottom 42% All 6 signals ▾AItop 45% Techtop 48% Talentbottom 49% Fundingbottom 42% Globalbottom 38% Marketbottom 25% AI: Product described with: ai-based Tech: 21 technologies across 4/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 24/100 | $4M | 20 mo ago | — | GitBookNode.jsReact+10 | Top 50M | — | — | — |
| 35 | 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 | Node.jsPHPDebian+6 | Top 50M | — | — | 4 launchs |
| 36 | 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 | WebflowAmazon Web ServicesBambooHR+15 | Top 10M | 5 signals ▲150% Contracts · Leadership · Earnings | — | 1 award |
| 37 | Aspect Build System Platform offering continuous integration and delivery software 13Tech top 40%Funding top 49%Global bottom 37%Market bottom 18% All 4 signals ▾Techtop 40% Fundingtop 49% Globalbottom 37% Marketbottom 18% Tech: 30 technologies across 4/8 capability areas · Cloud: Cloudflare, Vercel Funding: Raised $3.0M across 1 rounds · 1 rounds over 2 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 13/100 | $3M | 20 mo ago | 2 | WebflowKnockout.jscore-js+20 | Top 10M | — | — | 1 launch |
| 38 | Turnium Flexible, reliable, and easy to implement SD-WAN solution 48Product top 14%News top 25%Growth top 30%Innovation top 34% All 10 signals ▾Producttop 14% Newstop 25% Growthtop 30% Innovationtop 34% Techtop 43% Fundingtop 45% Moattop 48% Talentbottom 49% Globalbottom 29% Marketbottom 28% Product: 4 distinct product lines · Company stage: Public News: 6 BI events in 12 mo (of 20 tracked, 7 types) · +100% YoY rank vs industry peers · Fliar Intelligence Index 48/100 | $3M | 12 mo ago | — | WordPressMySQLPHP+30 | Top 50M | 6 signals ▲100% Announcements · Acquisition · Earnings | — | — |
| 39 | Plurilock AI based solutions for identity protecion and data loss prevention 69Partners top 18%Product top 19%News top 24%Growth top 32% All 11 signals ▾Partnerstop 18% Producttop 19% Newstop 24% Growthtop 32% Techtop 32% AItop 35% Innovationtop 42% Fundingtop 42% Moattop 48% Marketbottom 47% Globalbottom 45% Partners: 5 contract events in 12 mo · Named contractor/client in 5 deals Product: 3 distinct product lines · Company stage: Public rank vs industry peers · Fliar Intelligence Index 69/100 | $3M | 16 mo ago | 41 | WordPressApple iCloud MailMicrosoft 365+34 | Top 5M | 16 signals ▲300% Earnings · Contracts · Acquisition | — | — |
| 40 | Uno Platform Provides application development services 53Growth top 35%Tech top 36%Innovation top 40%Funding top 44% All 8 signals ▾Growthtop 35% Techtop 36% Innovationtop 40% Fundingtop 44% Customerstop 44% Producttop 49% Globalbottom 29% Marketbottom 28% Growth: Fresh capital in last 24 mo Tech: 50 technologies across 5/8 capability areas · Cloud: Amazon Web Services, Azure rank vs industry peers · Fliar Intelligence Index 53/100 | $3M | 10 mo ago | — | WordPressMySQLPHP+36 | Top 5M | — | — | 3 launchs |
| 41 | TeraGo Internet, colocation and cloud services 57Innovation top 34%News top 36%Product top 37%Growth top 40% All 8 signals ▾Innovationtop 34% Newstop 36% Producttop 37% Growthtop 40% Techtop 42% Fundingtop 49% Marketbottom 48% Globalbottom 43% Innovation: 6 product lines News: 14 BI events in 12 mo (of 106 tracked, 9 types) · +8% YoY rank vs industry peers · Fliar Intelligence Index 57/100 | $2M | 14 mo ago | 100 | WordPressMySQLPHP+36 | Top 10M | 14 signals Earnings · Funding · Leadership | — | — |
| 42 | PayTic Provider of automated payment operations and compliance solutions for businesses 16Tech bottom 47%Funding bottom 46%Growth bottom 42%Global bottom 39% All 6 signals ▾Techbottom 47% Fundingbottom 46% Growthbottom 42% Globalbottom 39% Marketbottom 26% Newsbottom 18% Tech: 14 technologies across 4/8 capability areas · Cloud: Amazon Web Services, Vercel Funding: Raised $2.3M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 16/100 | $2M | 14 mo ago | 17 | Node.jsReactNext.js+11 | Top 10M | — | — | — |
| 43 | Locusx Developer of an AI-powered engine for game development debugging automation 45AI top 45%Talent top 45%Funding bottom 45%Global bottom 33% All 4 signals ▾AItop 45% Talenttop 45% Fundingbottom 45% Globalbottom 33% AI: Product described with: ai-powered Talent: 2 named leaders on record rank vs industry peers · Fliar Intelligence Index 45/100 | $2M | 9 mo ago | — | — | — | — | — | — |
| 44 | HyveDA Provider of decentralized data infrastructure for real-time Web3 applications 19Talent bottom 49%Global bottom 48%Tech bottom 43%Funding bottom 42% All 5 signals ▾Talentbottom 49% Globalbottom 48% Techbottom 43% Fundingbottom 42% Marketbottom 31% Talent: 1 named leader on record · 1 C-suite/founder profile curated Global: Investors from 1 country beyond Canada rank vs industry peers · Fliar Intelligence Index 19/100 | $2M | 19 mo ago | — | Framer SitesReactlit-html+8 | Top 10M | — | — | — |
| 45 | RunQL Cloud based SQL IDE for enterprises 21Tech bottom 49%Talent bottom 49%Funding bottom 48%Global bottom 33% All 5 signals ▾Techbottom 49% Talentbottom 49% Fundingbottom 48% Globalbottom 33% Marketbottom 31% Tech: 23 technologies across 4/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 21/100 | $2M | 19 mo ago | — | BootstrapAmazon Web ServicesCloudflare+14 | Top 10M | — | — | — |
| 46 | 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 | WordPressShowitApple iCloud Mail+15 | Top 50M | 14 signals ▼18% Announcements · Regulatory · Earnings | 18 patents Cryptographic key generation, storage, distribution, and derived credential management systems | 1 launch · 2 partnerships |
| 47 | Cerio Cloud and AI based software defined server solutions 32Talent top 38%AI top 45%Funding bottom 40%Market bottom 37% All 5 signals ▾Talenttop 38% AItop 45% Fundingbottom 40% Marketbottom 37% Globalbottom 30% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated AI: Product described with: ai based rank vs industry peers · Fliar Intelligence Index 32/100 | $1M | 15 mo ago | — | — | — | — | — | — |
| 48 | AGEDB Online graph database platform for enterprises 21Funding top 46%Talent bottom 49%Market bottom 37%Global bottom 25% All 4 signals ▾Fundingtop 46% Talentbottom 49% Marketbottom 37% Globalbottom 25% Funding: Raised $577k across 1 rounds · 1 rounds over 1 yrs (1.0/yr) Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 21/100 | $577K | 9 mo ago | — | — | — | — | — | — |
| 49 | INETCO Developer of software for payment fraud prevention and cybersecurity solutions 62Product top 18%AI top 20%Innovation top 23%Talent top 31% All 9 signals ▾Producttop 18% AItop 20% Innovationtop 23% Talenttop 31% Newstop 45% Fundingtop 48% Techtop 50% Marketbottom 34% Globalbottom 29% Product: 4 distinct product lines AI: Classified as an AI company rank vs industry peers · Fliar Intelligence Index 62/100 | $400K | 16 mo ago | 37 | WordPressMySQLPHP+23 | Top 50M | — | — | 2 awards |
| 50 | OARO Solutions for secure authentication of digital information 37Growth top 45%Tech top 46%Funding top 49%Talent bottom 49% All 7 signals ▾Growthtop 45% Techtop 46% Fundingtop 49% Talentbottom 49% Productbottom 40% Marketbottom 38% Globalbottom 36% Growth: Web rank 5,000,000 → 50,000,000 YoY · Fresh capital in last 24 mo Tech: 35 technologies across 3/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 rank vs industry peers · Fliar Intelligence Index 37/100 | $359K | 13 mo ago | 35 | UbuntuBootstrapStripe+15 | Top 5M | — | — | — |
Top 12 Enterprise Infrastructure companies in Canada
#1
Acquired · Montreal, Quebec · founded 2025$835Mraised▾
Acquired · Montreal, Quebec · founded 2025
Provider of AI digital infrastructure, including data centers and cloud services. It designs and deploys AI infrastructure, from data centers to compute clusters. The company delivers infrastructure deployment by leveraging experience in high-performance computing and data center design. It supports environmentally conscious data center and compute AI infrastructure solutions. The company offers turnkey and customer-owned inventory delivery models.
Fliar Intelligence Index™ 53how this company ranks against its industry peers
Funding
top 15%AI
top 20%Talent
bottom 49%Global
bottom 48%Tech
bottom 42%Market
bottom 35%Funding: Raised $835M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round PE (Jul 2025)
AI: Classified as an AI company
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Audience (LinkedIn): 11k LinkedIn followers
Activity (LinkedIn): 1 partnerships (incl. Welcome AI) announced in 12 mo
Funding rounds
- Jul 2025Conventional Debt—
- Jul 2025PE$835M
Founders & team
Investors
Brookfield Asset Management, Deutsche Bank
Tech stack
CloudflareCloudflare Bot ManagementCookieyesGoogle AnalyticsGoogle Tag ManagerGsap
#2
Acquired · Montreal, Montreal · founded 1995 · 132000 employees$5.2Braised▾
Acquired · Montreal, Montreal · founded 1995 · 132000 employees
Provider of security personnel, risk management, and security service solutions. They deliver uniformed security, mobile patrol, and risk assessment services. The organization offers security solutions for diverse sectors, including commercial, industrial, and governmental. Services encompass event security, crisis management, and protective services.
Fliar Intelligence Index™ 57how this company ranks against its industry peers
Tech
top 18%Funding
top 24%Product
top 36%Growth
top 45%Market
bottom 49%Global
bottom 48%Tech: 104 technologies across 6/8 capability areas · Cloud: Amazon Alb, Amazon Cloudfront · Devops: Nginx, Varnish
Funding: Raised $5.2B across 9 rounds · 9 rounds over 8 yrs (1.1/yr) · Last round Conventional Debt (Jul 2024)
Product: 3 published apps (21.6k installs) · Company stage: Acquired
Funding rounds
- Jul 2024Conventional Debt$550M
- Feb 2022Conventional Debt$700M
- Jun 2021Conventional Debt$500M
- Jun 2020Conventional Debt$120M
Investors
Barclays, TD Bank, JPMorgan Chase, Bank of America, ATB Financial, Jefferies
Tech stack
Acquia Cloud PlatformAlgoliaAmazon AlbAmazon CloudfrontAmazon Web ServicesAos
#3
Seed · Montreal, Montreal · founded 2020 · 28 employees$12Mraised▾
Seed · Montreal, Montreal · founded 2020 · 28 employees
Platform offering DevOps security software. The platform offers solutions from DevOps automation to security. It provides visibility into the security vulnerabilities in code, CI or CD pipelines, cloud, etc. It enables users to detect and remediate the security vulnerabilities.
Fliar Intelligence Index™ 45how this company ranks against its industry peers
Growth
top 35%Funding
top 37%Talent
top 38%Moat
top 39%Tech
top 46%Global
bottom 36%Growth: Fresh capital in last 24 mo
Funding: Raised $12.0M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) · Last round Seed (May 2026)
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Audience (LinkedIn): 3k LinkedIn followers
Funding rounds
- May 2026Seed$4M
- Nov 2022Seed$12M
Founders & team
Investors
Sorenson Capital, Hoxton Ventures, Golden Ventures, Firebolt Ventures, Transform VC, White Star Capital
Tech stack
Amazon Web ServicesAstroFastlyGithub PagesGoogle AnalyticsGoogle Workspace
#4
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
#5
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
#6
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 — 4.4% 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
#7
Series A · Vancouver, British Columbia · founded 2021$110Mraised▾
Series A · Vancouver, British Columbia · founded 2021
Provider of AI-powered developer productivity platform for engineering teams. It offers a contextual knowledge platform for software development teams that uses AI and integrations with tools like GitHub, Slack, Confluence, Jira, Linear, and others to provide relevant information about a team’s own code, documentation, and discussions It allows users to ask questions in natural language, and the AI generates answers based on user queries. The AI understands the codebase, architecture, and internal practices to generate answers.
Fliar Intelligence Index™ 57how this company ranks against its industry peers
Funding
top 28%AI
top 30%Growth
top 35%Moat
top 38%Tech
top 44%Talent
bottom 49%Funding: Raised $110M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) · Last round Series A (May 2025)
AI: Classified as an AI company · Product described with: ai-powered
Growth: Fresh capital in last 24 mo
Audience (LinkedIn): 5k LinkedIn followers
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: AI Engineers, Design
Funding rounds
- May 2025Series A$27M
- Jan 2022Seed$83M
Founders & team
Investors
B Capital, Radical Ventures, Amplify Partners, XYZ Venture Capital, First Round Capital
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAstroCloudflareCloudflare Bot Management
#8
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
#9
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
#10
Series A · Scarborough, Ontario · founded 2012 · 5 employees$3.9Mraised▾
Series A · Scarborough, Ontario · founded 2012 · 5 employees
Developer of log management and troubleshooting tools designed for software systems to automate the diagnosis of software failures. The company's tools aim to commercialize a variety of failure diagnosis technologies based on their cutting edge research, enabling clients to have the ability to search archived logs without decompression that is more active than other competing log management products.
Fliar Intelligence Index™ 10how this company ranks against its industry peers
Patents
top 42%Funding
top 49%Moat
bottom 49%Innovation
bottom 48%Global
bottom 35%Market
bottom 10%Patents: 11 patents matched (strict assignee match) · 5 filings since 2022 vs 5 in 2017-21 · Latest publication 2025
Funding: Raised $3.9M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Series A (Mar 2026)
Moat: Editorial + unicorn rating 1/10 · IP moat: 11 patents
Audience (LinkedIn): 278 LinkedIn followers
Activity (LinkedIn): 6 product launches announced in 12 mo
Funding rounds
- Mar 2026Series A$3.9M
Investors
Two Small Fish Ventures, Next Wave, UTEST
#11
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
#12
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
Funding & investor landscape
$12.2Btotal disclosed funding
264companies funded
599disclosed rounds
3rounds last 90 days
Most active investors
Export Development Canada10 rounds
Techstars9 rounds
Notable founders
Steve P
Co-Founder · 5C
Rajiv Sinha
Cofounder · Boost Security
Zaid Hamami
Co-Founder & CEO · Boost Security
Mattia Montagna
Co-Founder & CEO · Quantum Bridge Technologies
Avery Pennarun
Co-founder and CEO · Tailscale
David Crawshaw
Co-Founder · Tailscale
Dennis Pilarinos
Founder & CEO · Unblocked
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
Israel Halle
Co-Founder · Flare
Prism market signals · Canada · country-scoped Prism corpus, 440,083 docs
Market landscape — 10 sub-themes by coverage
Share of Enterprise Infrastructure coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH SIGNALS · Canada
How research on Cloud Computing is moving in Canada
A read on the academic research around Cloud Computing — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 961 Canada-affiliated papers.
research sentiment over time
200920162026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 31% → 53% across 2009–2026.
top research entities
- University of Waterloo69
- Artificial Intelligence in Medicine63
- University of Toronto58
- Carleton University50
- Concordia University43
leading researchers
F. Richard Yu · Raouf Boutaba · Pavlos Kollias · Xuemin Shen · Rongxing Lu · Bernat Puigdomènech Treserras · Ivy Tan · Ning Zhang
▲
Breakthroughs413 · 43%
▲ 30%→46% share
▲1.5× share momentum0 median citations80% since 2021mostly methods-led
Scalability research is surging — Canadian cloud papers on the topic rose from 4 to 43, driving breakthroughs' field-share from 30% to 46%.
rising sub-themes (early→recent)
- Scalability4→43
- Point cloud1→29
- Enhanced Data Rates for GSM Evolution1→25
- Operating system2→25
- Edge computing3→24
Newly emergingSoftware deployment 0→21 · Internet of Things 0→17 · Overhead (engineering) 0→16
Landmark Global land use / land cover with Sentinel 2 and deep learning · 1,194 cites
◆
Advancements329 · 34%
▼ 39%→33% share
▼0.8× share momentum0 median citations71% since 2021mostly methods-led
Edge computing advancements are intensifying — Canadian papers grew from 3 to 17, alongside newly emerging satellite and point-cloud topics.
rising sub-themes (early→recent)
- Operating system1→18
- Edge computing3→17
- Enhanced Data Rates for GSM Evolution1→14
- Scalability6→16
- Software2→12
Newly emergingResource (disambiguation) 0→11 · Point cloud 0→11 · Satellite 0→10
Landmark Network Function Virtualization: State-of-the-Art and Research Challenges · 1,869 cites
▼
Concerns125 · 13%
▼ 19%→11% share
▼0.6× share momentum1 median citations66% since 2021mostly reviews
Security concerns are shifting — Key (lock) newly emerged at 9 papers while concerns' overall field-share shrank from 19% to 11%.
rising sub-themes (early→recent)
- Operating system2→12
- Analytics1→7
- Aerosol2→6
- Software deployment2→6
- Interoperability1→5
Newly emergingKey (lock) 0→9 · Scalability 0→8 · Big data 0→8
Landmark Cloud computing: state-of-the-art and research challenges · 3,452 cites
RESEARCH HOTSPOTS · Canada
Where cloud computing is researched across Canada
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Ottawa/Kingston80 · +0.49
Toronto77 · +0.53
Waterloo/Hamilton77 · +0.55
Montreal75 · +0.41
Vancouver53 · +0.52
Edmonton/Calgary44 · +0.55
PATENT SIGNAL · Canada
Who's filing cloud computing patents in Canada
Canada cloud computing patent filing is cooling — 169 filings from 219 assignees (2016–2025), led by ATI Technologies ULC, Ericsson Telefon AB L M, Advanced Micro Devices; annual filings 23→18.
169 filings219 assigneespeak 23/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
- ATI Technologies ULC23
- Ericsson Telefon AB L M21
- Advanced Micro Devices19
- Royal BANK Of Canada17
- Blackberry14
- Shopify13
- Disternet Technology10
- Accedian Networks10
Common questions
How many Enterprise Infrastructure companies are there in Canada?
Radar tracks 1046 indexable Enterprise Infrastructure companies headquartered in Canada that meet our profile-completeness bar.
What is the total funding raised by Enterprise Infrastructure companies in Canada?
The Enterprise Infrastructure companies in Canada on this list have raised a combined $12.2B in disclosed equity funding across 264 funded companies.
Which is the highest-funded Enterprise Infrastructure company in Canada?
GardaWorld is the highest-funded Enterprise Infrastructure company in Canada, with $5.2B in disclosed equity funding.
How many Enterprise Infrastructure companies in Canada are funded?
264 of the 1046 Enterprise Infrastructure companies in Canada on this list have disclosed at least one equity funding round.
How many Enterprise Infrastructure unicorns are there in Canada?
3 Enterprise Infrastructure companies in Canada on this list are valued at $1B or more.
Who are the top investors in Canada Enterprise Infrastructure companies?
The most active investors in Canada Enterprise Infrastructure companies on this list include BDC, Y Combinator, MaRS Discovery District, MaRS IAF, Accelerator Centre.
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.