Field Effect

Overview
News
Next-gen Cybersecurity?
Product stageSegments
Go-to-Market
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Detection and response tools, Managed detection and response (MDR)
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Field Effect provides cybersecurity solutions such as incident response and planning to small and medium-sized enterprises (SMEs). Field Effect’s Covalence platform monitors, detects, and responds to threats across endpoints, cloud services, and networks. The company also offers managed security services for 24/7 monitoring and support. Field Effect’s Cyber Range solution is a simulation-based cybersecurity training platform that trains teams on their individual skills and incident response capabilities. 

Key customers and partnerships 

Field Effect’s customers include Telus, Cira, Canadian Cyber Threat Exchange, and Canadian Chamber of Commerce. 

Funding and financials 

In December 2022, the company raised USD 34.5 million in a growth equity funding round from Edison Partners and Round13 Growth Fund.

HQ location:
Suite 207 825 Exhibition Way Ottawa ON CAN
Founded year:
2016
Employees:
101-250
IPO status:
Private
Total funding:
USD 86.8 mn
Last Funding:
USD 22.2 mn (Debt Financing; Aug 2023)
Last valuation:
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Product Overview
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Company profile
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