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Radar · IT Operations in Ontario

Best IT Operations Companies in Ontario, Canada

The 68 best IT Operations companies in Ontario, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: BTI Systems.

68companies tracked
$422.1Mdisclosed funding
0unicorns
17have raised

Ranked: Best IT Operations companies in Ontario

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1BTI Systems
Packet optical networking technology provider
$109M135 mo agoAcqui-Hired—2000———
2Rewind
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
$90M43 mo agoSeries BJames C
Co-Founder & CTO
2015WordPress Block EditorElementorWordPress+47——
3Densify
Automation product for virtual instances
$38M138 mo agoSeries C—1999WordPressMySQLPHP+28—1 launch
4Nakina Systems
Network security and orchestration solutions
$36M179 mo agoAcqui-Hired—2002———
5Auvik
Cloud based network monitoring and management solutions
$33M97 mo agoAcquiredMark Morin
Co-Founder
2011WordPress Site EditorWordPressSentry+41——
6Embotics
Cloud management software
$32M95 mo agoAcquired—2006—45 patents
Optimizing multicloud workload placement and autonomous cloud service selection orchestration.
—
7VirtaMove
Platform offering software to move server applications to a cloud or data center
$31M98 mo agoSeries CNigel Stokes
Co-Founder & CEO
2011——1 launch
8Clickfree
Limited information available
$25M190 mo agoSeries ABryan McLeod
CEO
2005Cart FunctionalityShopifyShop Pay+22——
9Graphite Software
Provider of secure spaces in mobile device
$12M120 mo agoSeries B—2012—21 patents
Enterprise mobile device domain management and secure encrypted content/configuration control
—
10Think Dynamics
Cloud orchestration and management solutions provider
$7M299 mo agoAcqui-HiredDuncan Hill
Founder
2000———
11Frugal
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
$5M7 mo agoSeedRob Calendino
Co-Founder & VP Engineering
2025WebflowAmazon Web ServicesMicrosoft Clarity+20—2 job openings
12ORNA
Cloud based platform offering cyber incident response platform for the IT industry
$1M49 mo agoSeed—2021———
13Softdrive
Cloud based remote access software
$800K58 mo agoSeedAlan Daniels
Co-Founder
2019———
14Geminare
Recovery as a Service
$500K190 mo agoAcqui-Hired—2006—10 patents
Fault‑tolerant data and application continuity solutions for high‑availability computing systems.
—
15N-able
Provider of cybersecurity and IT management solutions for MSPs and IT
$367K59 mo agoPublic—2000WordPressSentryApple iCloud Mail+40—1 launch · 1 expansion
16Panl
Platform for monitoring the up-time of websites
$300K186 mo agoSeries ABruce Walker
Co-Founder
2010———
17Per Vices
Provider of software defined radio platforms and integration support services
$125K170 mo agoSeed—2006WordPressMySQLPHP+17——

Top 12 IT Operations companies in Ontario

#1
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.

Fliar Intelligence Index™ 35how this company ranks against its industry peers
AI
top 20%
Talent
top 38%
Funding
top 49%
Tech
bottom 48%
Global
bottom 33%
Market
bottom 25%
AI: Classified as an AI company
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding: Raised $5.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Seed (Nov 2025)
Audience (LinkedIn): 2k LinkedIn followers
Hiring (LinkedIn): 2 hiring posts in 12 mo (public) · momentum +2 · hiring: BDR, Business Development Representative
Funding rounds
  • Nov 2025Seed$5M
Founders & team
Rob CalendinoCo-Founder & VP EngineeringMike WeiderCo-Founder and CEO
Investors
Whitecap Venture Partners, Mistral
Tech stack
Amazon CloudfrontAmazon Web ServicesCdnjsCloudflareCloudflare Bot ManagementCore-Js
#2
Series B · Ottawa, Ontario · founded 2015 · 105 employees
$89.9Mraised
▾

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

Fliar Intelligence Index™ 67how this company ranks against its industry peers
Tech
top 21%
Funding
top 31%
Moat
top 31%
Growth
top 45%
AI
top 45%
Market
top 49%
Tech: 66 technologies across 6/8 capability areas · Cloud: Amazon S3, Amazon Web Services · Observability: New Relic, Sentry
Funding: Raised $89.9M across 3 rounds · 3 rounds over 6 yrs (0.5/yr) · Last round Series B (Nov 2022)
Moat: Editorial + unicorn rating 8/10 · Soonicorn · 10 curated direct competitors tracked
Audience (LinkedIn): 29k LinkedIn followers — 17.9% of this cohort's audience
Funding rounds
  • Nov 2022Series B$10M
  • Sep 2021Series B$65M
  • Jan 2021Series A$14.9M
  • 2020Seed—
Founders & team
James CCo-Founder & CTO
Investors
Inovia Capital, Ridge Ventures, Bessemer Venture Partners, FundFire, ScaleUP Ventures, Mistral
Tech stack
AdaAhrefsAmazon S3Amazon Web ServicesAtlassian StatuspageBootstrap
#3
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
#4
Acquired · Ottawa, Ontario · founded 2006 · 60 employees
$32.1Mraised
▾

Embotics offers cloud management software. The company offers Embotics vCommander, a virtualization and cloud management platform (CMP), granted 16 patents in total across the US, Canada, UK, France, and Germany, in addition to seven additional pending patent applications. It allows mid-sized to large IT organizations to deliver IT-as-a-Service (ITaaS) while continuously monitoring the virtual data center to optimize the automation, deployment, and configuration of IT services within private, public and hybrid clouds. Customers include Aston University, BELL, HermanMiller, Deloitte, NavTech, and CSIR.

Funding rounds
  • Jul 2018Series C$500K
  • Mar 2018Series C$1.5M
  • Apr 2017Series C$1.5M
  • Jun 2016Series C$10.6M
Investors
Covington Capital, VentureLink Funds, Tera Capital, Arrowroot Capital Management, Mogo, Hero Ventures
Tech stack
WordpressElasticsearchMysqlMariadbPhpVarnish
#5
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
#6
Series C · Richmond Hill, Ontario · founded 1999 · 84 employees
$38.2Mraised
▾

Densify offers cloud automation for virtual instances. The company provides cloud cost optimization, real time optimization, cloud migration, capacity control & visibility, storage optimization, cloud migration, bill analysis, and right sizing. The product also includes pro-active real-time automating cloud and infrastructure and optimization solution.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 9k LinkedIn followers — 5.7% of this cohort's audience
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Nov 2014Series C$6.2M
  • Mar 2012Series C$15M
  • 2008Series B—
  • Jan 2008Series B$12M
Investors
EdgeStone Capital Partners, Sigma Partners, Tandem Expansion Fund, Sigma Prime Ventures, MMV Financial, Gutbrain Ventures
Tech stack
Cart FunctionalityWordpressMysqlPhpAstraElementor
#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 — 8.9% 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
Series C · Ottawa, Ontario · founded 2011 · 15 employees
$31Mraised
▾

Platform offering software to move server applications to a cloud or data center. The platform offers solutions such as application discovery, migration strategy, data center consolidation, cloud onboarding, app refactoring, etc. Its clients include AXA, Capgemini, Cognizant, Dell, HCL, and HP. Partners include Microsoft, Accenture, and IBM.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Apr 2018Series C—
  • Dec 2015Series B$21.2M
  • Feb 2014Series A$9.8M
  • May 2012Seed—
Founders & team
Nigel StokesCo-Founder & CEO
Investors
Miyako Capital, Intel, Supreme Electronics, Mirai Creation Organization, Covington Capital Corp, INCJ
Tech stack
NginxHstsDigicert
#9
Series A · Toronto, Ontario · founded 2005
$25Mraised
▾

Limited information available

Funding rounds
  • Aug 2010Series A$15M
  • Apr 2009Series A$10M
Founders & team
Bryan McLeodCEO
Investors
Tandem Expansion Fund, Jefferson Partners, Intel Capital, Plaza Ventures
Tech stack
Apple PayBazaarvoice ReviewsCart FunctionalityCloudflareCore-JsFacebook Pixel
#10
Series B · Ottawa, Ontario · founded 2012 · 35 employees
$12.4Mraised
▾

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

Funding rounds
  • Jun 2016Series B$8M
  • Jun 2013Series A$4.4M
Investors
Celtic House Venture Partners, ZVCA, GCI Capital
#11
Acqui-Hired · Toronto, Ontario · founded 2000
$7Mraised
▾

Think Dynamics is a cloud orchestration and management solutions, provider. The features of the product include automated cloud orchestration and provisioning, secure data backups, disaster recovery, cloud process automation, etc.

Funding rounds
  • Jul 2001Series A$7M
Founders & team
Duncan HillFounder
Investors
Brightspark Ventures, CDPQ, OMERS
#12
Seed · Toronto, Ontario · founded 2021 · 23 employees
$1.1Mraised
▾

Cloud based platform offering cyber incident response platform for the IT industry

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Activity: 1 product launches announced in 12 mo
Funding rounds
  • May 2022Seed$1.1M
Investors
Astia Angels

Funding & investor landscape

$422.1Mtotal disclosed funding
17companies funded
61disclosed rounds
0rounds last 90 days
Most active investors
Covington Capital4 rounds
MMV Financial3 rounds
BDC2 rounds
Celtic House Venture Partners2 rounds
Hero Ventures2 rounds
Mistral2 rounds
Rho Canada Partners2 rounds
Tandem Expansion Fund2 rounds
VenGrowth VG Partners2 rounds
5G Open Innovation Lab1 rounds

Notable founders

Rob Calendino
Co-Founder & VP Engineering · Frugal
Mike Weider
Co-Founder and CEO · Frugal
James C
Co-Founder & CTO · Rewind
Mark Morin
Co-Founder · Auvik
Alex Hoff
Founder · Auvik
Nigel Stokes
Co-Founder & CEO · VirtaMove
Bryan McLeod
CEO · Clickfree
Duncan Hill
Founder · Think Dynamics
Alan Daniels
Co-Founder · Softdrive
Leonard Ivey
Co-Founder · Softdrive
Bruce Walker
Co-Founder · Panl
Prism market signals · Canada · country-scoped Prism corpus, 8,180,922 docs

Market landscape — 10 sub-themes by coverage

Share of IT Operations coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many IT Operations companies are there in Ontario, Canada?
Radar tracks 68 indexable IT Operations companies headquartered in Ontario, Canada that meet our profile-completeness bar.
What is the total funding raised by IT Operations companies in Ontario, Canada?
The IT Operations companies in Ontario, Canada on this list have raised a combined $422.1M in disclosed equity funding across 17 funded companies.
Which is the highest-funded IT Operations company in Ontario, Canada?
BTI Systems is the highest-funded IT Operations company in Ontario, Canada, with $108.8M in disclosed equity funding.
How many IT Operations companies in Ontario, Canada are funded?
17 of the 68 IT Operations companies in Ontario, Canada on this list have disclosed at least one equity funding round.
How many IT Operations unicorns are there in Ontario, Canada?
None of the IT Operations companies in Ontario, Canada on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Ontario, Canada IT Operations companies?
The most active investors in Ontario, Canada IT Operations companies on this list include Covington Capital, MMV Financial, BDC, Celtic House Venture Partners, Hero Ventures.
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