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 Mar 31, 2026, the latest employee count at Teradici is 107.

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 3rd amongst 94 active competitors, of which 13 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Nerdio, which secured $500M in Mar, 2025.

Who are the top competitors of Teradici?

Teradici's top competitors include Evolve IP, Citrix and Nerdio. Among them, Nerdio secured the most recent funding round in March, 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 94 active competitors, including 13 funded and 17 that have exited. Its top competitors include companies like Evolve IP, Citrix and Nerdio.

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

3^rd among 94 active competitors

Employee Count

107 as on Mar 31, 2026

Similar Companies

Evolve IP & 129 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	2424534	Series C	2067227	2248212	8441242	2329959
Dec 13, 2010	8818681	Series C	4023920	8754481	7080571	1843909
Apr 07, 2009	3182347	Series C	2558157	3661360	Alloy Ventures & 5 more	3773510

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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 107 employees as of Mar 26. Here is Teradici's employee count trend over the years:

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Top competitors of Teradici include Evolve IP, Citrix and Nerdio. 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	Citrix 1989, Fort Lauderdale (United States), Acquired	Provider of secure application delivery and desktop virtualization platform solutions	-	Intel, Elliott Management & 15 others	66/100
3rd	Teradici 2004, Burnaby (Canada), Acquired	Offers PCoIP and remote desktop solutions	$44.8M	DCVC, TELUS Ventures & 12 others	58/100
4th	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	58/100
5th	MacStadium 2012, Atlanta (United States), Series A	Provider of Mac virtualization, remote desktops, and cloud compute solutions	$1M	Summit Partners, SVB & 4 others	52/100
6th	Liquidware Labs 2009, Atlanta (United States), Series A	Desktop virtualisation and management solutions	$6.13M	Toba Capital, 10x Venture Partners	52/100
7th	NComputing 2003, Santa Clara (United States), Series B	Desktop virtualization and endpoint solutions for compute smartly	$57.8M	QuestMark Partners, Western Technology Investment ... & 6 others	51/100
8th	SureTech 2008, New York City (United States), Unfunded	Cloud-based virtual desktop management solution provider	-	-	49/100
9th	Sangfor 2000, Shenzhen (China), Funding Raised	Platform offering desktop virtualization solution	-	Orchid Asia Group	48/100
10th	Sphere 3D 2009, Ontario (United States), Public	Operator of cryptocurrency mining infrastructure utilizing energy efficient hardware units	-	Pinetree Capital, Cyrus Capital Partners & 2 others	48/100