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Quarterly Update

2021 Round Up – a Summary from Alacrity Global

Calendar 2021 was an active year for Alacrity Global, notwithstanding the business-affecting realities of a world-wide pandemic. The team helped orchestrate nine portfolio-company exits over the period, bringing the total estimated value of all 13 Alacrity exits to more than USD$250M in proceeds. Each of these companies has been successfully founded, mentored and grown within…

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Solace Makes Event-Driven IT Architecture More Accessible

Event-driven architecture (EDA) is a way of building enterprise IT infrastructure such that information (data) is able to flow between applications, cloud services and IoT devices in real-time — as events (e.g., transactions, updates, requests, etc.) occur, as opposed to periodic polling for synchronization. Portfolio company Solace has been leading the EDA technology industry for…

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Putting Cleantech to an Unfortunate Real-World Test

In British Columbia, where Alacrity Canada runs the Alacrity Cleantech Program, extreme weather events over the last twelve months served to highlight a number of disturbing vulnerabilities in local infrastructures and societal systems. During that time frame, the province was hit by a series of devastating wildfires, intense floods, a winter freeze, and massive disruption…

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Setting a New Standard in Field Service Automation

As the world strides toward some form of “new normal”, portfolio company ProntoForms continues to help customers build easy, digital applications that empower their technicians in the field and create a seamless bidirectional exchange of critical data between the office and field resources. As digital transformation continues to climb the list of priorities for organizations…

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Embracing The Emerging Digital Experience Monitoring Market

In a year like no other, Martello continued to provide IT teams and service providers including the extensive Mitel partner network with advanced network monitoring and troubleshooting solutions, including unified communications (UCaaS) performance analytics and IT service analytics. The sudden need for these tools to support an increasingly distributed workforce in need of reliable digital…

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Commercial Real Estate Is Far From Dead

With 34 commercial office buildings offering more than 3.0 million square feet of Class A business space, KRP Properties is home to more than 250 companies and 13,500 employees. The nature of the local business ecosystem means the majority of these firms are active in growing the Canadian technology industry. This makes KRP the largest…

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Alacrity Canada Cleantech Now Well Into A Second Program

The Alacrity Canada Cleantech Program was launched in 2017 as a partnership initiative between Alacrity, the Government of Canada and the Government of British Columbia. The inaugural program was designed to support the scaling-up of new companies operating in the clean technology sector in Western Canada. More than 75 Canadian companies were assessed for that…

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Certn logo

Continued Growth Enables Certn To Close 2020 With Strong Rounds Of External Funding

Founded in 2016, Alacrity Canada portfolio firm Certn has developed a SaaS platform that combines data points from thousands of sources together with machine learning and artificial intelligence (AI) technologies to create the fastest, most comprehensive and predictive people profiles available. This enables customers to validate individual identities, backgrounds and more with confidence, in order…

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Echosec Progress And Growth Result In Successful Portfolio Exit

What started as a tool to map social media use around a Canadian university campus has evolved into one of the most advanced digital threat intelligence software solutions available. And the company behind it, Echosec Systems, now counts many influential organizations as customers, providing them with tools and services that make hidden online data more…

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L-SPARK Pushes Ahead On Parallel Programs

Looking back on the final quarter of 2020, it is not hard to see how much changed over the year. But despite the turmoil, technology company accelerator L-SPARK achieved a number of key successes. These included the launch of new Accelerator Programs, the establishment of new partnerships, the graduation of several companies and more. Much…

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