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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.
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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
Investors
Ranked
Employee Count
41 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Power Grid Components (Sep 01, 2024)

Vizimax's acquisition details

Vizimax got acquired by Power Grid Components on Sep 01, 2024.
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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
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Vizimax's founders and board of directors

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Vizimax's employee count trend

Vizimax has 41 employees as of Sep 26. Here is Vizimax's employee count trend over the years:
Employee count trend for Vizimax
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Vizimax
Vizimax
1988, Longueuil (Canada), Acquired
Asset management focussed on transformers
$8.5M
43/100
2nd
Logo for NewGrid
NewGrid
2015, Somerville (United States), Seed
Topology control to avoid congestion in transmission lines
$125K
43/100
3rd
Logo for GridBridge
GridBridge
2012, Raleigh (United States), Acquired
Power delivery solutions improving utilities' operating performance at the grid edge
$500K
33/100
4th
Logo for GridSystems
GridSystems
1999, Palma De Mallorca (Spain), Unfunded
Developer of data automation software and solutions for managing power systems and off-grid infrastructure.
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24/100
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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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