When was EXFO founded?

EXFO was founded in 1984 and raised its 1st funding round 32 years after it was founded.

Where is EXFO located?

EXFO is headquartered in Quebec City, Canada. It is registered at Richardson, Texas.

How many employees does EXFO have?

As of Apr 30, 2026, the latest employee count at EXFO is 1494.

Is EXFO a funded company?

EXFO is a funded company, having raised a total of $***** in its 1st and only funding round, a Post IPO round on Nov 02, 2016.

When was the latest funding round of EXFO?

EXFO's latest funding was a $***** Post IPO round on Nov 02, 2016, with participation from 0 investor.

Where does EXFO rank among its competitors?

EXFO ranks 3rd amongst 51 active competitors, of which 2 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Pensa, which secured $4M in Oct, 2017.

Who are the top competitors of EXFO?

EXFO's top competitors include Spirent, Ookla and Mu Dynamics. Among them, Pensa secured the most recent funding round in October, 2017.

EXFO - 2026 Company Profile, Team, Funding & Competitors

EXFO is an acquired company based in Quebec City (Canada), founded in 1984 by Germain Lamonde. It operates as a Provider of network testing, monitoring, and analytics solutions. These solutions encompass field and lab testing equipment, software platforms for service assurance, and operational analytics modules. The offerings cater to various sectors including telecommunications service providers, cable operators, data centers, and government agencies. Specific testing capabilities include 5G, fiber optics, and Ethernet technologies. Support services include calibration, training, and maintenance.. EXFO has raised an undisclosed amount in funding. The company has 51 active competitors, including 2 funded and 10 that have exited. Its top competitors include companies like Spirent, Ookla and Mu Dynamics.

Company Details

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Social
Phone Number: +1 **********
Registered Address: Richardson, Texas

Key Metrics

Founded Year

1984

Location

Quebec City, Canada

Stage

Acquired

Latest Funding Round

Post IPO, Nov 02, 2016, $*****

Ranked

3^rd among 51 active competitors

Employee Count

1,494 as on Apr 30, 2026

Investment & Acquisitions

EHVA & 13 more

Similar Companies

Spirent & 26 more

Exit Details

Acquired

View EXFO's full profile

EXFO is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
EXFO AMERICA INC. CIN: 752456766 , United States, Active	Dec 26, 999	-	89 (As on Dec 31, 2024)	-
EXFO ELECTRO-OPTICAL ENGINEERING INDIA PRIVATE LIMITED CIN: U72900PN2006PTC129263 , India, Active	Nov 24, 2006	$8.27M (As on Mar 31, 2025)	154 (As on Oct 31, 2024)
Exfo Inc. CIN: 13303756 , Canada, Active	Sep 01, 2021	-	-	-

EXFO got acquired on Jun 07, 2021.

Click here to take a look at EXFO's acquisition in detail

EXFO has raised funding over 1 round.

Here is the list of recent funding rounds of EXFO:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 02, 2016	6907501	Post IPO	3985358	1132318	3725353	7231650

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View details of EXFO's funding rounds and investors

The founders of EXFO is Germain Lamonde. Philippe Morin is the CEO of EXFO.

Here are the details of EXFO's key team members:

Germain Lamonde: Founder & Executive Chairman of EXFO.
Philippe Morin: CEO of EXFO.
Contact Info: 1 email address

View details of EXFO's Founder profiles and Board Members

EXFO's employee count trend

EXFO has 1,494 employees as of Apr 26. Here is EXFO's employee count trend over the years:

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Top competitors of EXFO include Spirent, Ookla and Mu Dynamics. Here is the list of Top 10 competitors of EXFO, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Spirent 1936, Crawley (United Kingdom), Acquired	Provider of automated testing and assurance solutions for networks and security	-	Herald Investment Management, National Science Foundation ... & 1 others	64/100
2nd	Ookla 2006, Seattle (United States), Acquired	Provider of network performance metrics, service monitoring, and optimization solutions	-	AVG Technologies	53/100
3rd	EXFO 1984, Quebec City (Canada), Acquired	Provider of network testing, monitoring, and analytics solutions. These solutions encompass field and lab testing equipment, software platforms for service assurance, and operational analytics modules. The offerings cater to various sectors including telecommunications service providers, cable operators, data centers, and government agencies. Specific testing capabilities include 5G, fiber optics, and Ethernet technologies. Support services include calibration, training, and maintenance.	-	-	48/100
4th	Mu Dynamics 2005, Sunnyvale (United States), Acquired	Provider of network testing solutions provider	$24M	Focus Ventures, Accel & 3 others	47/100
5th	Aticara 2017, Bengaluru (India), Unfunded	Software-based network traffic simulator solutions provider	-	-	38/100
6th	SCALABLE 1999, Culver City (United States), Acqui-Hired	Provider of wireless network simulation and emulation tools for digital twins	-	-	38/100
7th	OPNET 1986, Bethesda (United States), Acquired	Cloud-based application performance monitoring software provider	-	Summit Partners	37/100
8th	Time Critical Networks 2008, Gothenburg (Sweden), Funding Raised	Ethernet Design and Analysis Softwares	-	MobilityXlab, EIC Fund & 2 others	37/100
9th	Pensa 2014, Mountain View (United States), Deadpooled	Platform to build virtual data centers	$4M	March Capital, The Fabric	35/100
10th	Brix Networks 1999, Boston (United States), Acqui-Hired	IP Application and Network Performance Testing	$61.5M	Castile Ventures, Telus & 4 others	33/100

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EXFO has not made any investments yet. EXFO has made 14 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 13, 2022	Acquisition	EHVA	2019	Quebec City (Canada)
Sep 09, 2020	Acquisition	INOPTICALS	2017	Zhubei (Taiwan)
Feb 28, 2018	Acquisition	Astellia	2000	Rennes (France)