The new funding brings the company’s total to $335 million to date.
Toronto is home to cybersecurity companies that provide managed security services and consumer protections like document redaction and VPN platforms.
The two companies will collaborate to offer Zoomd’s tech to E2’s clients, fueling global growth.
Milton will play a key role in advancing Microsoft’s AI strategy across the country.
The funding will be used to expand the company’s overall business operations.
These companies are investing in emerging AI technologies across industries like hardware, logistics, consulting and more.
The city is home to a variety of financial services and fintech companies — and for good reason. See what companies are propelling Ontario’s economic engine.
The 7.2-megawatt facility will feature liquid-cooling technology and support high-performance AI workloads for local research and innovation.
As a tech epicenter, Toronto has drawn substantial talent to the Canadian software industry.
The edtech company will expand its learner-to-earner platform with Providence Equity’s backing and new leadership.
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