Solace is a Canadian startup that aims to help large enterprises embrace real-time operations by providing the necessary tools for event-driven business processes and customer interactions. With its flagship product PubSub+, Solace offers a comprehensive event management platform, allowing organizations to create, document, discover, and stream events securely and reliably. The company is backed by a team of data movement experts with over 20 years of experience, catering to industries ranging from capital markets to space and automotive. Established enterprises like SAP, Barclays, and the Royal Bank of Canada, as well as automotive giants such as Groupe Renault and Groupe PSA, are among its clients. Solace's technologies are used to modernize legacy applications, deploy modern microservices, and build event meshes for hybrid cloud, multi-cloud, and IoT architectures.
National Research Council of Canada Industrial Research Assistance Program recently granted $10.00M to Solace in its latest investment round, which took place on 24 July 2023. As Solace continues to innovate in the Cloud Infrastructure, Hardware, Information Technology, and SaaS sectors, its focus on enabling enterprises to embrace real-time operations positions it as a promising investment opportunity for venture capitalists seeking to tap into the burgeoning event-driven business landscape. Learn more about Solace at solace.com.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | $10.00M | 1 | 24 Jul 2023 | |
Debt Financing | $7.00M | 1 | 14 Jul 2020 | |
Venture Round | Unknown | 1 | 12 May 2017 | |
Venture Round | Unknown | 1 | Tandem Expansion | 02 Nov 2010 |
Series C | Unknown | 2 | Tandem Expansion | 05 Dec 2006 |
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