Waterloo EDC Blog

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...

Waterloo is a special place for tech. It has unique tech credentials that places it among North America’s most dynamic tech hubs. It’s home to some of Canada’s fastest-growing tech businesses, a globally renowned top tech university and multinationals like Google and SAP, as well as exciting scale-ups like Faire, ApplyBoard and Arctic Wolf.

Yes, we are proud of our hometown.

That said, the ace...

Home to Google’s Canadian engineering headquarters, major Square and SAP offices, well-known scale-ups like ApplyBoard and Faire, hundreds of startups and some of Canada’s fastest-growing tech companies, it’s pretty clear that Waterloo is generating some pretty significant tech success.

How do we compare to other tech-heavy communities across the United States?

Waterloo EDC has explored the...

Waterloo is an extraordinary place for business, technology and discovery. Our world-class institutions, tech credentials, entrepreneurial spirit, bold leaders and diverse workforce all combine to position us as an advantageous destination to land, expand and grow your business. We’ve told our story before.

One of Waterloo’s stand-out value propositions – one that often gets lost in our...