When was Solace founded?

Solace was founded in 2001 and raised its 1st funding round 4 years after it was founded.

Where is Solace located?

Solace is headquartered in Ottawa, Canada.

How many employees does Solace have?

As of Jul 01, 2024, the latest employee count at Solace is 469.

Is Solace a funded company?

Solace is a funded company, having raised an undisclosed amount across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 25, 2005.

When was the latest funding round of Solace?

Solace's latest funding was a $***** Grant (prize money) round on Jul 24, 2023, with participation from 1 investor.

Where does Solace rank among its competitors?

Solace ranks 9th amongst 200 active competitors, of which 58 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Hydrolix, which secured $80M in Apr, 2025.

Who are the top competitors of Solace?

Solace's top competitors include DataStax, Confluent and Imply. Among them, Hydrolix secured the most recent funding round in April, 2025.

Solace - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of event-driven integration platform for real-time data streaming and management. The platform facilitates the creation, deployment, and management of solutions using real-time enterprise data. It supports data aggregation from sensors and devices, enabling command and control capabilities. The platform allows event management alongside APIs, providing developers access to reference and real-time data. It also enables legacy systems to publish real-time data to modern applications.

Website: solace.com
Social
Email ID: *****@solace.com
Phone Number: +1 **********

Key Metrics

Founded Year

2001

Location

Ottawa, Canada

Stage

Acquired

Latest Funding Round

Grant (prize money), Jul 24, 2023, $*****

Investors

Ontario Teachers' Pension Plan & 10 more

Ranked

9^th among 200 active competitors

Employee Count

469 as on Jul 01, 2024

Similar Companies

DataStax & 115 more

Exit Details

Acquired by Bridge Growth Partners (Apr 06, 2016)

View Solace's full profile

Solace got acquired by Bridge Growth Partners on Apr 06, 2016.

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

Solace has raised funding over 7 rounds. Its first funding round was on Apr 25, 2005. Its latest funding round was a Grant (prize money) round on Jul 24, 2023 for $*****. 1 investor participated in its latest round. Solace has 11 institutional investors.

Here is the list of recent funding rounds of Solace:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 24, 2023	8078312	Grant (prize money)	3717084	4980962	7969595	1310296
Jul 14, 2020	9961626	Conventional Debt	7655775	8523484	7434424	FedDev Ontario
Nov 02, 2010	8691067	Series C	4553878	5443327	Tandem Expansion Fund	3317669

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View details of Solace's funding rounds and investors

The founders of Solace are Craig Betts, David Odusanya and Haris Khan.

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

Craig Betts: Founder & Director of Solace and founder of 1 other company.
David Odusanya: CO-Founder/Chief Creative Officer of Solace.
Haris Khan: Founder of Solace and founder of 1 other company.

View details of Solace's Founder profiles and Board Members

Solace's employee count trend

Solace has 469 employees as of Jul 24. Here is Solace's employee count trend over the years:

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Top competitors of Solace include DataStax, Confluent and Imply. Here is the list of Top 10 competitors of Solace, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	DataStax 2010, Santa Clara (United States), Acquired	Provider of data management and AI application development infrastructure solutions	$305M	Goldman Sachs Investment Partners, Meritech ... & 29 others	72/100
2nd	Confluent 2014, Mountain View (United States), Acquired	Cloud based data streaming analytics and governance platform	$456M	Benchmark, Index Ventures & 19 others	71/100
3rd	Imply 2015, San Francisco (United States), Series D	Open Source Platform for Exploratory Analytics	$215M	Andreessen Horowitz, Thoma Bravo & 5 others	68/100
4th	Incorta 2013, San Mateo (United States), Series D	AI-based business intelligence suite	$202M	Kleiner Perkins, Google Ventures & 10 others	65/100
5th	Hydrolix 2018, Portland (United States), Series C	Cloud-based data discovery and visualization solution provider	$145M	Wing Venture Capital, QED Investors & 13 others	65/100
6th	Redpanda 2019, San Francisco (United States), Series D	Cloud based platform offering solutions for streaming events	$266M	Google Ventures, Lightspeed Venture Partners ... & 1 others	63/100
7th	Axiom 2010, San Francisco (United States), Series B	Provider of observability and AI engineering platform for event data	$41.4M	Crane Venture Partners, LocalGlobe & 4 others	63/100
8th	Striim 2012, Palo Alto (United States), Series C	Provider of real-time data integration and streaming platform for businesses	$108M	Goldman Sachs Investment Partners, Summit Partners ... & 7 others	62/100
9th	Solace 2001, Ottawa (Canada), Acquired	Provider of event-driven integration platform for real-time data streaming and management	-	National Research Council Canada, FedDev Ontario ... & 9 others	60/100
10th	Lenses 2015, London (United Kingdom), Acquired	Enterprise DataOps Platform for Kafka	$10.4M	Marathon Venture Capital, 83NORTH & 1 others	60/100