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Waterloo EDC Blog

eSentire added to Waterloo billion dollar businesses

Posted by Waterloo EDC on February 22, 2022

Waterloo has a new unicorn in town.

eSentire, the cybersecurity innovator, has announced a new $325 million financing deal that will give the company a $1.1 billion valuation.

The new funding comes as eSentire has surpassed $100 million in annual recurring revenue. The company’s platform is used by 1,200 organizations in more than 75 countries and they are a recognized leader in the managed...

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Topics: security, technology, expansion stories

How six companies are inventing the future in Waterloo

Posted by Waterloo EDC on January 26, 2022

The start of a new year always dazzles with possibility. It is a time to set new goals, explore new opportunities and seek out new experiences. Or perhaps, time to seek out new locations.

There is no better place to locate, relocate or expand than Waterloo in 2022. World-class talent, top post-secondary schools, thriving clusters in tech, manufacturing and more, countless innovation...

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Topics: technology, Q&A, expansion stories

Six big Waterloo business stories from 2021

Posted by Waterloo EDC on January 19, 2022

Waterloo had a big year in 2021. A record-breaking year.

We smashed existing records for new tech investment – driven by three of the fastest-growing tech companies in Canada – and Waterloo EDC smashed its own records, helping welcome more than $360 million in new investment.

We also welcomed new leadership at multiple major local organizations, which heralded a reshuffling of strategies and...

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Topics: technology, industry news, expansion stories

October Wrap-up: A ground-breaking month for Waterloo

Posted by Waterloo EDC on November 1, 2021

This month, Waterloo broke ground – both literally and metaphorically – with the commencement of our new airport expansion and the launch of two new innovative research hubs at the University of Waterloo.

UWaterloo also reclaimed the title of Canada’s Most Innovative University while Ontario’s artificial intelligence ecosystem surged to new records amidst the COVID-19 pandemic.

Here are the top...

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Topics: technology, university of waterloo, expansion stories

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