Solace Corporation

Solace
Private
Industry Computer Hardware and Software
Founded 2001
Headquarters Kanata, Ontario
Key people

Les Rechan, President & CEO

Craig Betts, Founder and Chairman
Website www.solace.com

Solace (formerly Solace Systems) is a middleware company based in Kanata, Ontario, Canada, that manufactures and sells message-oriented middleware appliances and software that routes information between applications, devices and user interfaces.

Solace was founded in 2001 by Craig Betts, with the idea of embedding messaging functionality in hardware. Between then and 2016, the company raised more than $60 million from venture capital firms. In 2016, New York equity firm Bridge Growth Partners acquired a majority stake in Solace with an investment of more than $100 million.[1] In 2017, former Halogen Software CEO Les Rechan was hired as CEO of Solace, with Betts serving as the company’s executive chairman.[2]

References

  1. ↑ "'An excellent time to step on the gas': Majority stake bought in Ottawa tech 'jewel' Solace Systems". Ottawa Citizen. 7 April 2016. Retrieved 2018-06-22.
  2. ↑ "Former Halogen CEO Les Rechan resurfaces at Ottawa tech star Solace". The Globe and Mail. 8 September 2017. Retrieved 2018-06-22.
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