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Canopy - About the company

Canopy is a series A company based in Alpharetta (United States), founded in 2013 by Webb Morris and Steve Latham. It operates as a Platform offering remote monitoring and management software. Canopy has raised $3.16M in funding. The company has 669 active competitors, including 49 funded and 32 that have exited. Its top competitors include companies like Memfault, Swarm Engineering and Zipit Wireless.

Company Details

Platform offering remote monitoring and management software. It provides monitoring and management solutions for digital signage, kiosks, security systems, and more. It aims to simplify data management and automate processes for productivity.
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Email ID
*****@gocanopy.com
Key Metrics
Founded Year
2013
Location
Alpharetta, United States
Stage
Series A
Total Funding
$3.16M in 1 round
Latest Funding Round
Ranked
Employee Count
41 as on May 31, 2026
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Canopy's funding and investors

Canopy has raised a total funding of $3.16M over 1 round.

Here is the list of recent funding rounds of Canopy:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 06, 2022
8885588
Series A
8818099
3290394
3614897
9007551
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Canopy's founders and board of directors

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The founders of Canopy are Webb Morris and Steve Latham. Steve Latham is the CEO of Canopy.
Here are the details of Canopy's key team members:

Canopy's employee count trend

Canopy has 41 employees as of May 26. Here is Canopy's employee count trend over the years:
Employee count trend for Canopy
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Canopy's Competitors and alternates

Top competitors of Canopy include Memfault, Swarm Engineering and Zipit Wireless. Here is the list of Top 10 competitors of Canopy, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Memfault
Memfault
2015, San Francisco (United States), Acquired
Provider of an embedded observability platform for IoT monitoring and updates
$35M
63/100
2nd
Logo for Swarm Engineering
Swarm Engineering
2016, San Juan Capistrano (United States), Series A
Developer of an AI platform for operational decision-making and automation
$28.3M
61/100
3rd
Logo for Zipit Wireless
Zipit Wireless
2007, Greenville (United States), Acquired
IoT connectivity and subscription billing platform for global cellular solutions
$12.9M
60/100
4th
Logo for SensorUp
SensorUp
2011, Calgary (Canada), Series B
Provider of an IoT data exchange and application enablement platform
$15.4M
56/100
5th
Logo for MODE
MODE
2014, San Mateo (United States), Series B
Developer of a cloud platform for connected device development
$25.3M
54/100
6th
Logo for Northern.tech
Northern.tech
2017, Oslo (Norway), Seed
Developer of software for managing connected device lifecycles and security
$2.5M
53/100
7th
Logo for cPanel
cPanel
1997, Houston (United States), Funding Raised
Web hosting and server management platform provider
-
52/100
8th
Logo for WebPros
WebPros
2017, Amsterdam (Netherlands), Acquired
SaaS-based platforms provider for server management
-
52/100
9th
Logo for Yonomi
Yonomi
2013, Austin (United States), Series A
Provider of smart home control software
$9.87M
50/100
10th
Logo for Celeno
Celeno
2005, Ra anana (Israel), Acqui-Hired
Provides high performance WiFi chips and software
$116M
50/100
19th
Logo for Canopy
Canopy
2013, Alpharetta (United States), Series A
Platform offering remote monitoring and management software
$3.16M
-
46/100
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Canopy's Investments and acquisitions

Canopy has made no investments or acquisitions yet.

Reports related to Canopy

Here is the latest report on Canopy's geography:

News related to Canopy

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Media has covered Canopy for 1 event in last 1 year.
Banyan joins Ingenico's unattended payments programMobile Payments TodaySep 17, 2018Canopy
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