Best Enterprise Infrastructure Companies in Ontario, Canada
The 526 best Enterprise Infrastructure companies in Ontario, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: 1Password.
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.
Ranked: Best Enterprise Infrastructure companies in Ontario
| # | Company | Disclosed funding | Last round | Employees | Founded | Founder | 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 | David Teare Co-Founder | 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 | Hank Riccitelli Pres/CEO | 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 | Avery Pennarun Co-founder and CEO | SanityNode.jsSalesforce+25 | 27 patents Secure zero‑trust mesh networking with distributed key management and overlapping IPv6 subnet handling. | 5 job openings |
| 4 | BTI Systems Packet optical networking technology provider | $109M | 135 mo ago | 70 | 2000 | — | — | — | — |
| 5 | Buf Provider of schema management and validation tools for API development | $93M | 54 mo ago | 49 | 2019 | Peter Edge Founder & CEO | WebflowApple iCloud MailGoogle Workspace+29 | — | — |
| 6 | 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 | Devon Galloway Co-Founder & CTO | WordPressApple iCloud MailGoogle Workspace+42 | — | 2 awards |
| 7 | 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 | James C Co-Founder & CTO | WordPress Block EditorElementorWordPress+47 | — | — |
| 8 | Velocix CDN solutions | $79M | 218 mo ago | 102 | 2002 | James Brickmeier Chief Executive Officer | HubSpot CMS HubZohoSalesforce+20 | — | — |
| 9 | SecureKey Cloud-based identity verification solutions | $71M | 78 mo ago | 116 | 2008 | — | — | 62 patents Secure authentication and credential management for devices and networks | — |
| 10 | 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 |
| 11 | 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 | Carolyn Raab Co-Founder and Chief Product Officer | WordPressMySQLSalesforce+28 | 2 patents Patents concentrated in electrical & electronics | — |
| 12 | 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 | — |
| 13 | Fusepoint Managed Services Offers colocation and managed IT solutions | $39M | 245 mo ago | 100 | 1999 | — | — | — | — |
| 14 | Densify Automation product for virtual instances | $38M | 138 mo ago | 84 | 1999 | — | WordPressMySQLPHP+28 | — | 1 launch |
| 15 | 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 | 2018 | Alwar Pillai Co-Founder & CEO | WordPressApple iCloud MailMicrosoft 365+43 | — | 1 partnership · 1 award |
| 16 | Nakina Systems Network security and orchestration solutions | $36M | 179 mo ago | 87 | 2002 | — | — | — | — |
| 17 | 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 | Matt Holland Founder & CEO | HubSpot CMS HubVimeoGSAP+32 | 35 patents Cybersecurity monitoring, endpoint detection, and network traffic filtering solutions | 1 launch |
| 18 | Auvik Cloud based network monitoring and management solutions | $33M | 97 mo ago | 343 | 2011 | Mark Morin Co-Founder | WordPress Site EditorWordPressSentry+41 | — | — |
| 19 | Embotics Cloud management software | $32M | 95 mo ago | 60 | 2006 | — | — | 45 patents Optimizing multicloud workload placement and autonomous cloud service selection orchestration. | — |
| 20 | 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 |
| 21 | Knak Cloud based platform offering software to build a landing page | $25M | 55 mo ago | 34 | 2015 | Brendan Farnand Co-Founder & CCO | SanityApple iCloud MailGoogle Workspace+36 | — | — |
| 22 | 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 | 2018 | John Laban CEO & Co-Founder | WebflowSentryApple iCloud Mail+27 | — | — |
| 23 | Discourse Open source discussion platform | $20M | 57 mo ago | 186 | 2012 | — | GhostNode.jsVarnish+15 | — | — |
| 24 | Ethereum Blockchain-based public network for decentralized applications | $18M | 55 mo ago | 1 | 2013 | — | TurbopackSentryNode.js+17 | — | — |
| 25 | BluWave-ai Developer of artificial intelligence software for optimizing energy grid operations 64Innovation top 21%Patents top 24%Moat top 25%Talent top 25% All 11 signals ▾Innovationtop 21% Patentstop 24% Moattop 25% Talenttop 25% AItop 30% Fundingtop 40% Producttop 40% Globalbottom 40% Marketbottom 38% Techbottom 34% Newsbottom 22% Innovation: 51 patents (top 30% of patent-holders) · 42 filings since 2022 vs 9 in 2017-21 Patents: 51 patents matched (strict assignee match) · 42 filings since 2022 vs 9 in 2017-21 rank vs industry peers · Fliar Intelligence Index 64/100 | $18M | 42 mo ago | 46 | 2017 | Paul Georges Leroux Co-Founder | jQueryHSTSGoogle Workspace+3 | 51 patents Smart EV charging management and load allocation for power grid optimization | 2 awards |
| 26 | 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 |
| 27 | Solace Provider of event-driven integration platform for real-time data streaming and management | $15M | 34 mo ago | 537 | 2001 | Haris Khan Founder | WordPressApple iCloud MailAlgolia+44 | — | 2 launchs |
| 28 | Umajin Mobile app development platform for designers and developers | $13M | 58 mo ago | 21 | 2009 | — | — | — | — |
| 29 | Feroot Provider of cloud based web application security solutions | $11M | 51 mo ago | 24 | 2017 | Vitaliy Lim Founder & CTO | WordPressApple iCloud MailGoogle Workspace+32 | — | — |
| 30 | 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 | Claudette McGowan Chief Executive Officer | WordPressMySQLPHP+27 | 2 patents Assessing data confidence and reliability in AI/ML data pipelines | — |
| 31 | 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 |
| 32 | Tehama Cloud based virtual office solution provider | $10M | 43 mo ago | 36 | 2017 | Luc Bertin Co-Founder | — | — | 1 launch |
| 33 | Agnostiq Provider of a quantum computing development platform | $9M | 38 mo ago | 20 | 2018 | Oktay Goktas Co-Founder | — | 3 patents Secure hybrid quantum‑classical workflow execution on advanced computing platforms | — |
| 34 | 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 | 2019 | Mattia Montagna Co-Founder & CEO | WordPressMySQLPHP+21 | 9 patents Secure quantum key distribution and management for cryptographic networks | — |
| 35 | 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 | — | 2023 | Kevin Michael Co-Founder & CEO | SentryInstatusNode.js+27 | — | 1 launch · 1 partnership |
| 36 | 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 | Michele Mosca Co-Founder & CEO | Webflowlit-htmlcore-js+16 | 15 patents Patents concentrated in electrical & electronics | — |
| 37 | 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 | Alain Ghiai Founder & CEO | — | — | — |
| 38 | 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 | — | 2025 | Rob Calendino Co-Founder & VP Engineering | WebflowAmazon Web ServicesMicrosoft Clarity+20 | — | 2 job openings |
| 39 | Cavelo Provider of attack surface management platform for data protection and compliance | $5M | 31 mo ago | 17 | 2020 | — | WebflowMicrosoft ClarityMouse Flow+19 | — | 1 launch |
| 40 | 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. | — |
| 41 | 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 | 2012 | — | — | 11 patents Efficient compression, search, and analysis of computer log data | 1 launch |
| 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 | Andrew Cheung President / CEO | 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 | Fairblock Blockchain infrastructure builder using applied cryptography | $2M | 32 mo ago | 4 | 2022 | Bowen You Co-Founder | Tailwind CSSReactReact Router+6 | — | — |
| 45 | 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 | 1999 | — | WordPressMySQLPHP+36 | — | — |
| 46 | 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 | — | 2023 | Rob Darling Founder & CEO | BootstrapAmazon Web ServicesCloudflare+14 | — | — |
| 47 | 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 | Tony Busseri CEO | President | Board Director | WordPressShowitApple iCloud Mail+15 | 18 patents Cryptographic key generation, storage, distribution, and derived credential management systems | 1 launch · 2 partnerships |
| 48 | 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 | — | 2012 | Doug Carwardine Co-Founder | — | — | — |
Top 12 Enterprise Infrastructure companies in Ontario
#1
Series A · Toronto, Ontario · founded 2019 · 15 employees$8.7Mraised▾
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.
- May 2026Series A$8M
- Aug 2024Seed—
- May 2023Grant (prize money)$665.2K
#2
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.
- Apr 2026Seed$1.2M
- Dec 2025Seed$50K
- May 2025Seed$750K
- Oct 2024Seed$458.8K
#3
Series C · Toronto, Ontario · founded 2019 · 116 employees$115Mraised▾
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.
- Apr 2025Series C$160M
- May 2022Series B$100M
- Nov 2020Series A$12M
- Apr 2020Seed$3M
#4
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.
- Aug 2025Series B$3M
- Aug 2023Conventional Debt$30M
- Oct 2022Series B$34.5M
#5
Public · Toronto, Ontario · founded 2012$5.5Mraised▾
Provider of cybersecurity, data management, and IT solution services
- Jan 2026Post IPO$1.1M
- Jun 2025Post IPO$1.1M
- May 2025Post IPO$50.2K
- Apr 2025Post IPO$76.1K
#6
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.
- May 2025Series C$72.4K
- May 2025Series C$138.2K
- Apr 2025Series C$139.3K
- Mar 2025Series C$277.9K
#7
Series A · Scarborough, Ontario · founded 2012 · 5 employees$3.9Mraised▾
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.
- Mar 2026Series A$3.9M
#8
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.
- Nov 2025Series B$15M
#9
Seed · Ottawa, Ontario · founded 2025$5Mraised▾
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 software development lifecycle. The system provides visibility into how specific code functions drive cloud service costs and suggests adjustments to improve efficiency.
- Nov 2025Seed$5M
#10
Seed · Toronto, Ontario · founded 2023$5.5Mraised▾
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.
- Oct 2025Seed$5M
- 2023Seed$500K
#11
Public · Toronto, Ontario · founded 2016 · 41 employees$3Mraised▾
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.
- Nov 2025Post IPO$1M
- Nov 2024Post IPO$135.6K
- Apr 2024Post IPO$1.8M
- Apr 2023Post IPO$4.6M
#12
Public · Mississauga, Ontario · founded 1992 · 11 employees$3.4Mraised▾
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.
- Oct 2025Post IPO$1.7M
- Jan 2025Post IPO$64K
- Dec 2022Post IPO$67.5K
- Sep 2022Post IPO$112.5K
Funding & investor landscape
Notable founders
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
What Ontario researches in cloud computing
Ontario Tech University and UOIT lead Ontario's cloud-computing research, optimistically focusing on IoT, edge/fog computing, and resource management, with breakthroughs dominating and minimal concern.
- Ontario Tech University9
- University of Ontario Institute of Technology5
- Ontario Power Generation1
- Ontario Institute for Cancer Research1
- Ontario Ministry of Labour1