# Datacom Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/datacom-group

- Industry: Software
- Headquarters: Laval, Canada
- Website: www.datacom.com
- Total disclosed funding: $9.3M
- Latest round: Series B (Jul 9, 2003)
- Investors on record: 3

## About

Datacom Group Ltd specializes in developing wireless systems, cloud computing solutions, and integrated technology services aimed at enhancing operational efficiency and customer engagement across various sectors.Founded in 1965, Datacom Group Ltd is a technology solutions provider headquartered in Laval, Canada. The company has undergone strategic changes to expand its service offerings, and it completed its most recent funding round of USD 18.90 mn in October 2021, led by New Zealand Superannuation Fund. Datacom has engaged in a total of 9 deals to date, with its latest round representing the total amount raised.Datacom offers a broad range of technology solutions designed to enhance operational efficiency and customer engagement across various sectors. Their core offerings include cloud computing services, AI-driven payroll solutions, cybersecurity measures, and comprehensive data center management. The company’s cloud solutions serve as a foundational element of their business strategy, providing clients with end-to-end capabilities that facilitate the seamless adoption, operation, and optimization of cloud technologies. Notably, their AI payroll solution, branded as Datapay, is specifically tailored to meet the needs of organizations in New Zealand and Australia, enabling efficient payroll processing with advanced compliance features. Datacom also delivers integrated enterprise software solutions for local governments, which streamline operations and enhance community engagement. Their client base spans multiple industries, including government, healthcare, education, and financial services, with a strong presence in the Asia-Pacific region, particularly Australia and New Zealand.Datacom generates revenue through a structured model that includes subscription-based services, partnerships, and direct sales to businesses and government entities. Their flagship products, such as the Datapay payroll solution and cloud services, form the basis of their transactional framework, where clients often engage in multi-year contracts that provide ongoing support and updates. The pricing structure for services may vary based on client needs and contract specifics, with options that cater to both small businesses and large enterprises. For instance, organizations can subscribe to Datacom’s cloud services with tiered pricing plans based on usage and scalability requirements. Additionally, the company fosters long-term partnerships with major technology providers, enabling them to offer a wide array of integrated solutions that cater specifically to the evolving demands of their diverse client base.Datacom’s strategy for future growth includes the exploration of new product offerings and enhancements to existing services. The company plans to expand its market presence in the Asia-Pacific region, focusing on countries such as Australia and New Zealand. The recently secured funding of USD 18.90 mn will be allocated toward research and development initiatives aimed at launching innovative solutions, including new features for their Datapay payroll service, over the next two years.

## Funding rounds

- Series B, Jul 9, 2003, $5.2M — VIMAC Ventures
- Series B, May 14, 2001, $4.1M — Fonds de Solidarité des Travailleurs du Québec, I.U.GO Ventures

## Investors

- Fonds de Solidarité des Travailleurs du Québec — Series B
- I.U.GO Ventures (https://capitalatlas.ai/funds/i-u-go-ventures) — Series B
- VIMAC Ventures (https://capitalatlas.ai/funds/vimac-ventures) — Series B