When was Teradici founded?

Teradici was founded in 2004 and raised its 1st funding round 3 years after it was founded.

Where is Teradici located?

Teradici is headquartered in Burnaby, Canada.

How many employees does Teradici have?

As of Sep 30, 2026, the latest employee count at Teradici is 109.

Is Teradici a funded company?

Teradici is a funded company, having raised a total of $44.8M across 4 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Feb 14, 2007.

When was the latest funding round of Teradici?

Teradici's latest funding was a $***** Series C round on Aug 23, 2011, with participation from 0 investor.

Where does Teradici rank among its competitors?

Teradici ranks 8th amongst 193 active competitors, of which 23 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was CloudShare, which secured an undisclosed amount in Apr, 2025.

Who are the top competitors of Teradici?

Teradici's top competitors include Evolve IP, Parallels and Citrix. Among them, CloudShare secured the most recent funding round in April, 2025.

Teradici - 2026 Company Profile, Team, Funding & Competitors

Teradici is an acquired company based in Burnaby (Canada), founded in 2004 by Dan Cordingley. It operates as an Offers PCoIP and remote desktop solutions. Teradici has raised $44.8M in funding from investors like BDC, GrowthWorks Capital and Alloy Ventures. The company has 193 active competitors, including 23 funded and 24 that have exited. Its top competitors include companies like Evolve IP, Parallels and Citrix.

Company Details

Offers PCoIP and remote desktop solutions. It provides a protocol that delivers an uncompromising, virtual desktop experience. Its PCoIP products include zero clients, optimized thin clients, hardware accelerator, remote workstation Card, Workstation Access Software, and management Console. It also offers cloud services such as VDI, DaaS, and Remote Workstation. It serves and Government, Education, Financial Services, Healthcare, Media & Entertainment, Architecture, Engineering and Construction industries.

Website: teradici.com
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Key Metrics

Founded Year

2004

Location

Burnaby, Canada

Stage

Acquired

Total Funding

$44.8M in 4 rounds

Latest Funding Round

Series C, Aug 23, 2011, $*****

Investors

BDC & 13 more

Ranked

8^th among 193 active competitors

Employee Count

109 as on Sep 30, 2026

Similar Companies

Evolve IP & 138 more

Exit Details

Acquired by HP (Jul 28, 2021)

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Teradici got acquired by HP on Jul 28, 2021.

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Teradici has raised a total funding of $44.8M over 4 rounds. Its first funding round was on Feb 14, 2007. Teradici has 14 institutional investors.

Here is the list of recent funding rounds of Teradici:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 23, 2011	9957784	Series C	4362136	8524676	1957588	2635197
Dec 13, 2010	9241354	Series C	9314386	1405219	4521501	9753375
Apr 07, 2009	8678221	Series C	1910886	2700887	Alloy Ventures & 5 more	3190858

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View details of Teradici's funding rounds and investors

The founders of Teradici is Dan Cordingley.

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

Dan Cordingley: Former Co-Founder & CEO of Teradici.

View details of Teradici's Founder profiles and Board Members

Teradici's employee count trend

Teradici has 109 employees as of Sep 26. Here is Teradici's employee count trend over the years:

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Top competitors of Teradici include Evolve IP, Parallels and Citrix. Here is the list of Top 10 competitors of Teradici, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Evolve IP 2006, Wayne (United States), Public	Provider of managed IT, cloud, security, network, and communication solutions	$209M	Great Hill Partners, CapitalSource & 1 others	70/100
2nd	Parallels 1999, Seattle (United States), Acquired	Cloud based Daas platform	-	Russia Partners, JAFCO Group & 15 others	67/100
3rd	Citrix 1989, Fort Lauderdale (United States), Acquired	Provider of secure application delivery and desktop virtualization platform solutions	-	Intel, Elliott Management & 15 others	63/100
4th	Workspot 2012, Menlo Park (United States), Series D	Cloud-based desktop virtualization platform	$75.9M	Helion Venture Partners, Redpoint Ventures ... & 18 others	62/100
5th	CloudShare 2007, San Francisco (United States), Series C	Provider of virtual IT labs for training, demos, and POCs	$26M	Globespan Capital Partners, Bow River & 3 others	62/100
6th	Nerdio 2005, Chicago (United States), Series C	Nerdio is a software solution provider that empowers Managed Service Providers (MSPs) and enterprise IT professionals to deploy, manage, and optimize virtual desktops in Microsoft Azure, leveraging its automated management and cost-optimization capabilities.	$627M	MK Capital, General Atlantic & 4 others	61/100
7th	Tehama 2017, Ottawa (Canada), Acquired	Cloud based virtual office solution provider	$10M	OMERS, FedDev Ontario & 1 others	56/100
8th	Teradici 2004, Burnaby (Canada), Acquired	Offers PCoIP and remote desktop solutions	$44.8M	DCVC, TELUS Ventures & 12 others	55/100
9th	Liquidware Labs 2009, Atlanta (United States), Series A	Desktop virtualisation and management solutions	$6.13M	Toba Capital, 10x Venture Partners	55/100
10th	IGEL Technology 2001, Bremen (Germany), Acquired	Developer of endpoint operating system designed for secure cloud workspaces	-	Melchers	54/100