Radar › Companies › Enterprise Networking · Ontario
Radar · Enterprise Networking in Ontario

Best Enterprise Networking Companies in Ontario, Canada

The 31 best Enterprise Networking companies in Ontario, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Tailscale.

31companies tracked
$501Mdisclosed funding
1unicorns
13have raised

Ranked: Best Enterprise Networking companies in Ontario

#CompanyDisclosed fundingLast roundStageEmployeesFounderWeb popularityPatents & IP focusRecent signals
1Tailscale 🦄
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
$115M19 mo agoSeries C116Avery Pennarun
Co-founder and CEO
Top 50k27 patents
Patents concentrated in electrical & electronics
—
2BTI Systems
Packet optical networking technology provider
$109M140 mo agoAcqui-Hired70————
3Velocix
CDN solutions
$79M222 mo agoAcquired102James Brickmeier
Chief Executive Officer
Top 10M——
4Corsa 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
$50M18 mo agoSeries C27Carolyn Raab
Co-Founder and Chief Product Officer
Top 50M2 patents
Scalable horizontal deployment of virtual network security functions (NFV security).
—
5Nakina Systems
Network security and orchestration solutions
$36M183 mo agoAcqui-Hired87————
6Auvik
Cloud based network monitoring and management solutions
$33M101 mo agoAcquired343Mark Morin
Co-Founder
Top 1M——
7BlueCat
Cloud-based DNS and DHCP appliance and security solutions provider
$28M184 mo agoAcquired467—Top 5M——
8Exinda
WAN optimization with Network orchestration platform
$19M126 mo agoAcquired127————
9iS5 Communications
Industrial Ethernet appliances
$17M99 mo agoAcquired45—Top 10M17 patents
Network security: ML intrusion detection and RSTP domain isolation for critical networks
—
10Kodacloud
WiFi network management solution
$10M121 mo agoSeries A25————
11TeraGo
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
$2M18 mo agoAcquired100—Top 10M——
12Adaptiv Networks
Cloud-based SD-WAN management solutions provider
$2M83 mo agoAcquired57Bernard Breton
Chief Executive Officer
Top 50M36 patents
Network traffic optimization, QoS, routing, failover, and unified firewall/access policy management
—
13Aterlo Networks
CDN caching at home
$1M127 mo agoSeries A34————

Top 12 Enterprise Networking companies in Ontario

#1
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.

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 — 29.0% 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
Avery PennarunCo-founder and CEODavid CrawshawCo-FounderDavid CarneyCo-Founder
Investors
Heavybit, Uncork Capital, CRV, Insight Partners, Accel, Sparkwave Capital
Tech stack
Amazon CloudfrontAmazon Web ServicesApple Sign-InCloudflareCloudflare Bot ManagementDiscourse
#2
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
#3
Acquired · Thornhill, Ontario · founded 1999 · 100 employees
$2.3Mraised
▾

TeraGo Networks provides internet, colocation, and cloud services to businesses in Canada through its own network. Provides internet access using fibre, wireless, and Ethernet over cable technology. Its voice solutions include SIP trunking and Hosted PBX. Claims to have 4,100 business customers in 46 cities.

Fliar Intelligence Index™ 57how this company ranks against its industry peers
Innovation
top 34%
News
top 36%
Product
top 37%
Growth
top 40%
Tech
top 42%
Funding
top 49%
Innovation: 6 product lines
News: 14 BI events in 12 mo (of 106 tracked, 9 types) · +8% YoY · 4 high-value events (IPO/M&A/funding/contracts) in 12 mo
Product: 0 product launch events in 12 mo · 6 distinct product lines · Company stage: Acquired
Audience (LinkedIn): 13k LinkedIn followers — 10.0% of this cohort's audience
Funding rounds
  • Apr 2025Post IPO—
  • Mar 2025Post IPO$2M
  • Jun 2018Post IPO$6.9M
  • Dec 2003Series A$2.3M
Investors
Second Alpha, Signal Lake, Charter Ventures, Genesis Park
Tech stack
Amazon AlbAmazon SesAmazon Web ServicesApache Http ServerAws Certificate ManagerBootstrap
#4
Acqui-Hired · Ottawa, Ontario · founded 2000 · 70 employees
$108.8Mraised
▾

BTI Systems is a provider of Packet Optical Networking technology. Products such as high-bandwidth network infrastructure, mobile backhaul, wavelength, data center interconnect, and applications related to ethernet services and platforms are provided. The company's solutions extend from service providers to ethernet business services and mobile backhaul. Its product North Star Controller is an SD-WAN Controller. The other solutions include data center interconnect, cloud exchange, and networking products. The company was acquired by Juniper Networks in Jan 2016.

Funding rounds
  • Mar 2015Series F$4.5M
  • Dec 2013Series F$27M
  • Jan 2013Series F$8.5M
  • Apr 2011Series F$23M
Investors
Bain Capital Ventures, GrowthWorks Capital, Covington Group, MMV Financial, Blue Cloud Ventures, HighGear Ventures
#5
Acquired · Cambridge, Ontario · founded 2002 · 102 employees
$79Mraised
▾

Velocix offers a broad range of advanced digital delivery services for live and on demand streaming video streaming and file download. The globally deployed Velocix Content Delivery Network (CDN) provides an Internet fast lane for large digital assets like video, music, software and games.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 21k LinkedIn followers — 15.6% of this cohort's audience
Funding rounds
  • Apr 2008Series D$27M
  • Jan 2008Series D$25M
  • Jul 2006Series C$20M
  • Jan 2005Series B$5.6M
Founders & team
James BrickmeierChief Executive Officer
Investors
Pentech, Amadeus Capital, 3i Group, Cambridge Gateway Fund, Lumine Group, Volaris Group
Tech stack
Amazon Web ServicesCdnjsCloudflareCloudflare Bot ManagementCore-JsFont Awesome
#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
Acquired · Waterloo, Ontario · founded 2011 · 343 employees
$33.4Mraised
▾

Cloud based network monitoring and management solutions. It provides a solution to discover the network, tracks operation, analyses configuration, recommends progress based on industry practices, and assists. Features include network topology, network monitoring, troubleshooting, remote management, and integrations of the network. Network monitoring is delivered by service and performance monitoring and providing notifications, alerts, and statistics with actionable insights. Troubleshooting capabilities are achieved by data debugging, configuration analysis, management, and network evidence collection.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 14k LinkedIn followers — 10.8% of this cohort's audience
Funding rounds
  • May 2018Series C$15.6M
  • Aug 2017Series B$11.8M
  • May 2013Series A$5.9M
Founders & team
Mark MorinCo-FounderAlex HoffFounderDouglas MurrayCEO
Investors
OpenView, Rho Canada Partners, Celtic House Venture Partners, BDC, Corridor, Celtic House Asia Partners
Tech stack
AdaAddthisAmazon S3Amazon Web ServicesApple Icloud MailAtlassian Statuspage
#8
Acquired · Toronto, Ontario · founded 2002 · 127 employees
$19Mraised
▾

Exinda is a Network orchestration platform with interactive analytics and interesting insights for WAN monioting. Exinda provides a WAN orchestration suite that combines application monitoring, acceleration and traffic shaping with interactive analytics, purpose-built reporting and a predictive recommendation engine.Exinda is named as a visionary vendor for Magic Quadrant for WAN Optimization in 2015.

Funding rounds
  • May 2016Venture Debt$10M
  • Jul 2013Series B$1M
  • Feb 2012Series B$12M
  • Apr 2007Series A$6M
Investors
Wellington Financial, Greenspring Associates, OpenView, ESW Capital, Razorhorse
#9
Acquired · Toronto, Ontario · founded 2001 · 467 employees
$27.8Mraised
▾

Cloud-based DNS and DHCP appliance and security solutions provider. It offers features such as integration points, robust API library, SSO, DNSSEC development, IPv6 support, threat protection, direct internet access, and automated management. The company also provides technical education, services for DNS, DHCP administrators, network professionals, and security professionals. Its customers span across government, military, financial services, retail, enterprise, and manufacturing sectors.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 31k LinkedIn followers — 23.2% of this cohort's audience
Activity: 2 product launches announced in 12 mo
Funding rounds
  • Jul 2011Series B$16.8M
  • Nov 2009Series A$11M
Investors
Bridgescale, Northleaf, Venture Ontario, Trident Capital, RSTP, ForgePoint Capital
Tech stack
Amazon AlbAmazon Web ServicesApache Http ServerApple Icloud MailBootstrapCloudflare
#10
Acquired · Mississauga, Ontario · founded 2013 · 45 employees
$16.9Mraised
▾

iS5 Communications (iS5Com) is an integrated service and solutions provider for industrial Ethernet applications. Its products include Ethernet switches, gateway solutions, media converters for industrial needs. It caters to small- medium size utilities and industrial sectors that require reliable and secure networks.

Funding rounds
  • Aug 2018Series A$16.9M
  • Mar 2018Series A—
  • Jan 2016Seed—
Investors
Phoenix Contact Innovation Ventures, ClearSky, Trellis Capital
Tech stack
WordpressMysqlPhpYoast SeoBunnyUnderscore.Js
#11
Series A · Ottawa, Ontario · founded 2014 · 25 employees
$10Mraised
▾

KodaCloud offers WiFi network management solutions. The company offers a hardware product (access points) which captures network information. Machine learning and AI techniques are applied on the data to provide the optimization of the network services. The product automatically performs network management and optimization of the network. The network management services are offered on a subscription basis.

Funding rounds
  • Oct 2016Series A$10M
  • Dec 2014Series A—
Investors
Celtic House Venture Partners, Voyager Capital, Comcast Ventures
Tech stack
WordpressMysqlPhpRankmath SeoApache Http ServerJquery Migrate
#12
Acquired · Mississauga, Ontario · founded 2002 · 57 employees
$1.5Mraised
▾

Adaptiv Networks is a cloud-based SD-WAN management solutions provider. The company's solution includes SD-WAN, SD-INTERNET, and ELFIQ. It offers features such as SD-WAN as a service, link balancing, link conditioning, and TCP acceleration. The company serves industries such as retail, restaurant, home office, hospitality, manufacturing, and healthcare.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers — 2.8% of this cohort's audience
Activity: 1 partnerships (incl. Adaptiv Networks & Scale Computing) announced in 12 mo
Funding rounds
  • Nov 2019Seed$1.5M
  • Nov 2010Angel—
Founders & team
Bernard BretonChief Executive Officer
Investors
BDC, Ontario Capital Growth Corporation, ontariocapitalgrowth.ca
Tech stack
CloudflareCloudflare Bot ManagementCookieyesCore-JsElementorFont Awesome

Funding & investor landscape

$501Mtotal disclosed funding
13companies funded
61disclosed rounds
0rounds last 90 days
Most active investors
BDC5 rounds
Celtic House Venture Partners3 rounds
Covington Capital2 rounds
MMV Financial2 rounds
MaRS IAF2 rounds
OpenView2 rounds
3i Group1 rounds
Accel1 rounds
Accelerator Centre1 rounds
Amadeus Capital1 rounds

Notable founders

Avery Pennarun
Co-founder and CEO · Tailscale
David Crawshaw
Co-Founder · Tailscale
Carolyn Raab
Co-Founder and Chief Product Officer · Corsa Security
Tom Ku
Co-Founder and CTO · Corsa Security
James Brickmeier
Chief Executive Officer · Velocix
Mark Morin
Co-Founder · Auvik
Alex Hoff
Founder · Auvik
Bernard Breton
Chief Executive Officer · Adaptiv Networks
Prism market signals · Canada · country-scoped Prism corpus, 143,594 docs

Market landscape — 10 sub-themes by coverage

Share of Enterprise Networking coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Enterprise Networking companies are there in Ontario, Canada?
Radar tracks 31 indexable Enterprise Networking companies headquartered in Ontario, Canada that meet our profile-completeness bar.
What is the total funding raised by Enterprise Networking companies in Ontario, Canada?
The Enterprise Networking companies in Ontario, Canada on this list have raised a combined $501M in disclosed equity funding across 13 funded companies.
Which is the highest-funded Enterprise Networking company in Ontario, Canada?
Tailscale is the highest-funded Enterprise Networking company in Ontario, Canada, with $115M in disclosed equity funding.
How many Enterprise Networking companies in Ontario, Canada are funded?
13 of the 31 Enterprise Networking companies in Ontario, Canada on this list have disclosed at least one equity funding round.
How many Enterprise Networking unicorns are there in Ontario, Canada?
1 Enterprise Networking company in Ontario, Canada on this list is valued at $1B or more.
Who are the top investors in Ontario, Canada Enterprise Networking companies?
The most active investors in Ontario, Canada Enterprise Networking companies on this list include BDC, Celtic House Venture Partners, Covington Capital, MMV Financial, 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.

Coming soon