526 indexable Enterprise Infrastructure companies headquartered in Ontario, Canada, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $3B across 138 funded companies, including 2 unicorns.
| # | Company | Funding | Valuation | Stage | Latest round | Employees | Founded | Momentum |
|---|---|---|---|---|---|---|---|---|
| 1 |
Quantum Bridge Technologies
Provider of quantum computing technology for communication applications |
$8.7M | — | Series A | Series A May 2026 | 15 | 2019 | ↑ Active |
| 2 |
Quantropi
Provider of quantum cryptography-based secure communication solutions |
$4.5M | — | Acquired | Seed Apr 2026 | 33 | 2018 | ↑ Active |
| 3 |
Tailscale
Unicorn VPN solutions based on wireguard protocol |
$115M | $778M as of 2022 |
Series C | Series C Apr 2025 | 116 | 2019 | ↑ Active |
| 4 |
Field Effect
Provider of network security solutions |
$34.5M | — | Series B | Series B Aug 2025 | 163 | 2016 | ↑ Active |
| 5 |
Sekur Private Data
Provider of cybersecurity, data management, and IT solution services |
$5.5M | — | Public | Post IPO Jan 2026 | — | 2012 | ↑ Active |
| 6 |
Corsa Security
Platform offering network virtualization |
$50M | — | Series C | Series C May 2025 | 27 | 2013 | ↑ Active |
| 7 |
YScope
Platform offering log analyzer software |
$3.9M | — | Series A | Series A Mar 2026 | 5 | 2012 | ↑ Active |
| 8 |
Augmentt
Cloud based platform offering application security solutions |
$15M | — | Series B | Series B Nov 2025 | 34 | 2020 | ↑ Active |
| 9 |
Frugal
Developer of software tools that analyze and optimize application code |
$5M | — | Seed | Seed Nov 2025 | — | 2025 | ↑ Active |
| 10 |
Tempo
Developer of an AI-powered platform for React application design and development |
$5.5M | — | Seed | Seed Oct 2025 | — | 2023 | ↑ Active |
| 11 |
Cybeats
Provider of a cybersecurity platform for IoT devices |
$3M | — | Public | Post IPO Nov 2025 | 41 | 2016 | ↑ Active |
| 12 |
01 Communique
Provider of Zero trust remote access software |
$3.4M | — | Public | Post IPO Oct 2025 | 11 | 1992 | ↑ Active |
| 13 |
Fable
Cloud based usability testing platform |
$37M | — | Series B | Series B Oct 2024 | 146 | 2018 | ↑ Active |
| 14 |
Route1
Provider of automatic license plate recognition and actionable business intelligence solutions |
$1.4M | — | Public | Post IPO Nov 2025 | 51 | 2004 | ↑ Active |
| 15 |
OpsLevel
Platform offering ALM enablers software |
$20M | — | Series A | Series A Dec 2024 | 53 | 2018 | ↑ Active |
| 16 |
Vidyard
Provider of video tools for sales and marketing virtual teams |
$90.7M | — | Series C | Series C Apr 2024 | 284 | 2011 | — |
| 17 |
1Password
Unicorn Cloud based platform for remote access software |
$920.1M | $6.8B as of 2022 |
Series C | Series C Dec 2021 | 1,413 | 2006 | — |
| 18 |
evolutionQ
Provider of quantum-safe cybersecurity software solutions |
$5.5M | — | Series A | Series A Feb 2025 | 33 | 2015 | ↑ Active |
| 19 |
TeraGo
Internet, colocation and cloud services |
$2.3M | — | Acquired | Post IPO Apr 2025 | 100 | 1999 | ↑ Active |
| 20 |
Protexxa
Offering cyber risk and vulnerability assessment solutions |
$10.1M | — | Series A | Series A Jul 2024 | 47 | 2021 | ↑ Active |
| 21 |
Cerio
Cloud and AI based software defined server solutions |
$1.3M | — | Seed | Seed Mar 2025 | — | 2012 | ↑ Active |
| 22 |
Blackberry
Developer of secure communication software and embedded operating systems |
$365M | — | Public | Post IPO Nov 2020 | 986 | 1984 | — |
| 23 |
Rewind
Cloud based enterprise data backup management software |
$89.9M | — | Series B | Series B Nov 2022 | 105 | 2015 | — |
| 24 |
RunQL
Cloud based SQL IDE for enterprises |
$1.6M | — | Seed | Seed Nov 2024 | — | 2023 | ↑ Active |
| 25 |
Buf
Provider of schema management and validation tools for API development |
$93.4M | — | Series B | Series B Dec 2021 | 49 | 2019 | — |
| 26 |
ISARA
Post-quantum encryption-based data security solution |
$10M | — | Series A | Series A Feb 2024 | 32 | 2015 | — |
| 27 |
Solace
Provider of event-driven integration platform for real-time data streaming and management |
$14.8M | — | Acquired | Grant (prize money) Jul 2023 | 537 | 2001 | — |
| 28 |
Parabellyx Cybersecurity
Provider of continuous security testing platform and related security services |
$14.6K | — | Funding Raised | Grant (prize money) Feb 2026 | — | 2017 | ↑ Active |
| 29 |
Xtract One
Provider of AI based security solutions |
$31.3K | — | Public | Post IPO Nov 2025 | — | 2016 | ↑ Active |
| 30 |
BluWave-ai
Developer of artificial intelligence software for optimizing energy grid operations |
$17.8M | — | Series A | Series A Dec 2022 | 46 | 2017 | — |
| 31 |
SecureKey
Cloud-based identity verification solutions |
$71.2M | — | Acqui-Hired | Grant (prize money) Nov 2019 | 116 | 2008 | — |
| 32 |
BTI Systems
Packet optical networking technology provider |
$108.8M | — | Acqui-Hired | Series F Mar 2015 | 70 | 2000 | — |
| 33 |
Velocix
CDN solutions |
$79M | — | Acquired | Series D Apr 2008 | 102 | 2002 | — |
| 34 |
Sangoma
Enterprise collaboration platform for unified communication solutions |
$60M | — | Public | Post IPO Jul 2020 | 42 | 1984 | — |
| 35 |
Agnostiq
Provider of a quantum computing development platform |
$8.9M | — | Acquired | Seed Apr 2023 | 20 | 2018 | — |
| 36 |
Cavelo
Provider of attack surface management platform for data protection and compliance |
$4.6M | — | Series A | Series A Nov 2023 | 17 | 2020 | — |
| 37 |
Knak
Cloud based platform offering software to build a landing page |
$25M | — | Series A | Series A Nov 2021 | 34 | 2015 | — |
| 38 |
Tehama
Cloud based virtual office solution provider |
$10M | — | Acquired | Conventional Debt Nov 2022 | 36 | 2017 | — |
| 39 |
Embotics
Cloud management software |
$32.1M | — | Acquired | Series C Jul 2018 | 60 | 2006 | — |
| 40 |
Umajin
Mobile app development platform for designers and developers |
$12.5M | — | Series A | Conventional Debt Aug 2021 | 21 | 2009 | — |
| 41 |
Nakina Systems
Network security and orchestration solutions |
$36.1M | — | Acqui-Hired | Series C Jul 2011 | 87 | 2002 | — |
| 42 |
Discourse
Open source discussion platform |
$20M | — | Series A | Series A Aug 2021 | 186 | 2012 | — |
| 43 |
Ethereum
Blockchain-based public network for decentralized applications |
$18.3M | — | Series B | Series B Oct 2021 | 1 | 2013 | — |
| 44 |
Densify
Automation product for virtual instances |
$38.2M | — | Series C | Series C Nov 2014 | 84 | 1999 | — |
| 45 |
Nymi
Developer of wearable multi-factor authentication solution for passwordless access and security |
$30.4M | — | Acquired | Series C Jun 2018 | 43 | 2011 | — |
| 46 |
Auvik
Cloud based network monitoring and management solutions |
$33.4M | — | Acquired | Series C May 2018 | 343 | 2011 | — |
| 47 |
Feroot
Provider of cloud based web application security solutions |
$11.2M | — | Seed | Seed Feb 2022 | 24 | 2017 | — |
| 48 |
Ethoca
Fraud protection solutions for omnichannel retailers |
$45M | — | Acquired | PE Jul 2015 | 162 | 2005 | — |
| 49 |
Fusepoint Managed Services
Offers colocation and managed IT solutions |
$39M | — | Acquired | Series C Jan 2006 | 100 | 1999 | — |
| 50 |
Fairblock
Blockchain infrastructure builder using applied cryptography |
$2.5M | — | Seed | Seed Oct 2023 | 4 | 2022 | — |
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, crit
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.
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.
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
Provider of cybersecurity, data management, and IT solution services
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.
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.
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.
Developer of software tools that analyze and optimize application code. These tools identify inefficient code patterns and managed service usage to reduce cloud infrastructure expenses. The software generates automated code modifications to improve resource consumption across various programming languages and cloud environments. It integrates into development workflows to audit code for cost impact during the softwar
Developer of an AI-powered platform for React application design and development. The platform enables users to design and edit React code visually using a drag-and-drop editor. It allows importing components from Storybook or generating custom libraries. The platform integrates with existing codebases, VSCode, and GitHub, offering component templates and AI assistance for product development.
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.
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.
BDC
MaRS IAF
MaRS Discovery District
Accelerator Centre
Ontario Centre of Innovation
Y Combinator
Export Development Canada
OneEleven
Inovia Capital
BEST Funds
Invest Ottawa
The DMZ
Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-17.
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