Waterloo EDC Blog

Earlier this year, BlackBerry announced its acquisition of Cylance, an artificial intelligence and cybersecurity company, positioning themselves as one of the world’s largest cybersecurity firms. BlackBerry’s security business was back in the news last week as they announced the development of a new cybersecurity research and development lab based out of their Waterloo operations centre.

Magnet Forensics wants to make it harder to get away with crime.

With a goal to transform policing and public safety for the 21st century, Magnet Forensics develops and sells digital-forensics software to over 4,000 government agencies and other organizations with investigative authorities in 93 countries worldwide.

Headquartered in Waterloo, the company specializes in “digital investigative...

As technology becomes more powerful, security becomes more central to businesses. Whether it is cloud-based business applications, bank transfers or over-the-air updates to cars, our lives are becoming more and more hackable.

Thankfully, Waterloo’s business community is developing security solutions that make the world a safer, more secure place.

Last week, the Canadian federal government announced funding for four Waterloo-based quantum technology businesses and organizations totaling $41 million. Delivered through the Strategic Innovation Fund, this money further strengthens Canada’s position in the world of quantum computing and machine learning and further affirms Waterloo’s nickname “Quantum Valley.”