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Waterloo EDC Blog

How Waterloo Region companies helped during COVID-19

Posted by Waterloo EDC on April 1, 2021

A crisis can bring out the best in humanity.

While the world battled with COVID-19, as everyone focused on keeping themselves and their families safe and healthy, communities are came together like never before.

In Waterloo Region, we pride ourselves on an outsized ability to solve problems. It’s in our DNA.

This focus on solving problems is evident in the actions of our civic leaders, who are...

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Topics: security, technology, health innovation

In the room: a 360-degree look at Waterloo’s tech ecosystem

Posted by Waterloo EDC on January 26, 2021

Waterloo’s international reputation is built on tech talent and tech companies, for good reason. This is one of North America’s most exciting emerging tech hubs.

What’s at the foundation of Waterloo’s tech ecosystem? Canada’s top technology university – the University of Waterloo – to start. But, talent alone doesn’t get the job done. To support this talent, the local community has built an...

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Topics: security, technology, artificial intelligence

Arctic Wolf raises $200M to become Waterloo’s latest unicorn

Posted by Waterloo EDC on October 27, 2020

Arctic Wolf, a tech innovator that provides security operations as a concierge service, has announced $200 million in Series E funding at a $1.3 billion valuation. The new funding enables Arctic Wolf to accelerate the introduction of new security operations offerings, expand into new markets and further cements its leadership position in security operation and managed detection and response (MDR).

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Topics: security, technology, expansion stories

Four Waterloo companies on list of potential tech “unicorns”

Posted by Waterloo EDC on February 12, 2020

The annual Narwhal List of top companies based on global growth prospects identified four Waterloo companies as potential unicorns.

The term “narwhal” (a Canadian version of “unicorn”) is used to describe a private company valued at more than $1 billion that has the potential to go public. The Narwhal List identifies companies with the highest potential of unicorn success using a metric they...

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Topics: security, technology, talent

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