Vizimax - About the company
Vizimax is an acquired company based in Longueuil (Canada), founded in 1988. It operates as an Asset management focussed on transformers. Vizimax has raised $8.5M in funding from Yaletown. The company has 4 active competitors, including 1 funded and 2 that have exited. Its top competitors are NewGrid, GridBridge and GridSystems.
Company Details
Vizimax offers remote monitoring and control systems for public utilities and the industrial and private sectors. Vizimax’s RightWON, a secure, modular, rugged automation remote terminal unit (RTU), programmable logic controller (PLC), gateway, communication conversion protocol platform that connects circuit breakers, transformers, IEDs, meters, sensors, control and monitoring devices at the substation level or anywhere on the distribution network. It helps utilities in conducting dissolved gas analysis (DGA) of the oil in transformers which helps in increasing its life span.
- Website
- vizimax.com
- Email ID
- *****@vizimax.com
- Phone Number
- +1 **********
- Registered Address
- rue de la Province 2884 J4G 1G1 Longueuil (Québec)
Key Metrics
Founded Year
1988
Location
Longueuil, Canada
Stage
Acquired
Total Funding
$8.5M in 2 rounds
Latest Funding Round
Ranked
1st among 4 active competitors
Employee Count
41 as on Sep 30, 2026
Exit Details
Acquired by Power Grid Components (Sep 01, 2024)
Legal entities associated with Vizimax
Vizimax is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Vizimax Inc CIN: 0655.748.011 , Belgium, Active | May 30, 2016 | - | - | - |
Vizimax's acquisition details
Vizimax got acquired by Power Grid Components on Sep 01, 2024.
Click here to take a look at Vizimax's acquisition in detail
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Vizimax's funding and investors
Vizimax has raised a total funding of $8.5M over 2 rounds. Its first funding round was on Jan 18, 2012. Vizimax has 2 institutional investors.
Here is the list of recent funding rounds of Vizimax:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 13, 2016 | 7063966 | Series B | 1668772 | 1763355 | 2759231 | 5936859 |
Jan 18, 2012 | 5759126 | Series A | 6056282 | 2086779 |
View details of Vizimax's funding rounds and investors
Vizimax's founders and board of directors
Founder? Claim ProfileVizimax's employee count trend
Vizimax has 41 employees as of Sep 26. Here is Vizimax's employee count trend over the years:
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Vizimax's Competitors and alternates
Top competitors of Vizimax include NewGrid, GridBridge and GridSystems. Here is the list of Top 10 competitors of Vizimax, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Asset management focussed on transformers | $8.5M | 43/100 | ||
2nd | NewGrid 2015, Somerville (United States), Seed | Topology control to avoid congestion in transmission lines | $125K | 43/100 | |
3rd | GridBridge 2012, Raleigh (United States), Acquired | Power delivery solutions improving utilities' operating performance at the grid edge | $500K | 33/100 | |
4th | ![]() GridSystems 1999, Palma De Mallorca (Spain), Unfunded | Developer of data automation software and solutions for managing power systems and off-grid infrastructure. | - | - | 24/100 |
Looking for more details on Vizimax's competitors? Click here to see the top ones
Vizimax's Investments and acquisitions
Vizimax has made no investments or acquisitions yet.
Reports related to Vizimax
Here is the latest report on Vizimax's sector:
News related to Vizimax
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Power Grid Components Acquires Vizimax IncBusiness Wire•Oct 04, 2024•Power Grid Components, Vizimax, BDC, Yaletown
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The world's first, compact SF6-free, single-pole operation capable 24 kV metal-clad switchgearMedianet•Jul 11, 2019•Tavrida, Vizimax
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