When was Vecima founded?

Vecima was founded in 1988 and raised its 1st funding round 34 years after it was founded.

Where is Vecima located?

Vecima is headquartered in Victoria, Canada.

How many employees does Vecima have?

As of Oct 31, 2026, the latest employee count at Vecima is 570.

Is Vecima a funded company?

Vecima is a funded company, having raised a total of $***** in its 1st and only funding round, a Post IPO round on Dec 07, 2022.

When was the latest funding round of Vecima?

Vecima's latest funding was a $***** Post IPO round on Dec 07, 2022, with participation from 0 investor. Its primary sector is Telecom Operators. In Canada, the Telecom Operators sector has seen $215M in funding in 2026 to date.

Where does Vecima rank among its competitors?

Vecima ranks 2nd amongst 37 active competitors, none of which are funded.

Who are the top competitors of Vecima?

Vecima's top competitors include Rogers, Cogeco and Xplore. Among them, Rogers secured the most recent funding round in June, 2025.

Vecima - 2026 Company Profile, Funding & Competitors

Company Details

Broadband and IP video access solutions provider. It provides last-mile broadband and video access solutions to network operators and telecom service providers. It provides products for both cable and wireless networks. Its products include MDU gateways, video converters, modulators, decoders, wireless access points or base stations, and cable access points. It also provides fleet managers the analytics to manage their business.

Website: vecima.com
Social

Key Metrics

Founded Year

1988

Location

Victoria, Canada

Stage

Public

Latest Funding Round

Post IPO, Dec 07, 2022, $*****

Ranked

2^nd among 37 active competitors

Employee Count

570 as on Oct 31, 2026

Investment & Acquisitions

FALCON V SYSTEMS & 1 more

Similar Companies

ACT & 1957 more

Exit Details

Public

View Vecima's full profile

Vecima got listed on Nov 11, 2005.

Click here to take a look at Vecima's IPO in detail

Vecima has raised funding over 1 round.

Here is the list of recent funding rounds of Vecima:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 07, 2022	9751404	Post IPO	9378440	1737562	9397276	1552118

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View details of Vecima's funding rounds and investors

Vecima's employee count trend

Vecima has 570 employees as of Oct 26. Here is Vecima's employee count trend over the years:

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Top competitors of Vecima include Rogers, Cogeco and Xplore. Here is the list of Top 10 competitors of Vecima, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Rogers 1935, Toronto (Canada), Public	Provider of wifi and fiber optic services	$1M	Blackstone, Social Capital & 7 others	69/100
2nd	Vecima 1988, Victoria (Canada), Public	Provider of broadband network services	-	-	56/100
3rd	Cogeco 1995, Montreal (Canada), Public	Provider of internet services	-	-	48/100
4th	Xplore 2004, Markham (Canada), Funding Raised	Provider of high-speed internet services to rural communities in Canada, offering fibre, fixed wireless, and satellite broadband solutions.	-	Stonepeak, Canada Infrastructure Bank	28/100
5th	ROCK Networks 2001, Ottawa (Canada), Acquired	End-to-end communications systems integrator offering a variety of wireless and broadband solutions	-	-	26/100
6th	Integrated Solutions 2014, Peterborough (Canada), Deadpooled	Provider of broadband, tv, and other services	-	-	25/100
7th	Mage Networks 2017, Calgary (Canada), Unfunded	Provider of internet services for residential and business	-	-	25/100
8th	Broadband Communications North 2002, Winnipeg (Canada), Unfunded	Provider of broadband services	-	-	24/100
9th	Nortel-canada 1895, Ottawa (Canada), Deadpooled	Limited information available	-	-	23/100
10th	Nova Communications 1982, Dartmouth (Canada), Acquired	Provider of wireless voice and data communications products services	-	-	22/100