Waterloo EDC Blog

New era of tech leadership begins in Waterloo

Posted by Waterloo EDC on July 20, 2021

Change is in the air.

For 17 years, Communitech – Canada’s leading innovation hub – had Iain Klugman at the helm. For more than a decade, the president of the University of Waterloo – one of the world’s top technology schools – was Feridun Hamdullahpur. For seven years, Paul Salvini has served as the chief executive officer of Canada’s #1 private business accelerator – the Accelerator Centre.

Auvik Networks lands $250 million investment

Posted by Waterloo EDC on July 15, 2021

Auvik Networks, an award-winning Waterloo-based provider of cloud-based network management software, has announced a new $250 million investment.

Waterloo tops CBRE list of North America's small tech talent markets

Posted by Waterloo EDC on July 13, 2021

The newest CBRE "Scoring Tech Talent" report has identified Waterloo as the #1 small tech talent market in North America.

The report, which CBRE releases annually, is a comprehensive analysis of labour market conditions, cost and quality for highly skilled tech workers in North America. The top-50 markets in the United States and Canada were ranked according to their competitive...

Cybersecurity leader Arctic Wolf reaches $4.3 billion valuation

Posted by Waterloo EDC on July 13, 2021

For the third time in the last month, a Waterloo-based unicorn tech company has announced a massive raise and valuation. Arctic Wolf, the cybersecurity innovator, has announced a $150 million Series F round that has raised its valuation to $4.3 billion.