# Eidetic Communications

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/eidetic-communications

- Industry: Software
- Headquarters: Calgary, Canada
- Website: www.eideticom.com
- Latest round: Seed (Jul 29, 2019)
- Investors on record: 2

## About

Eidetic Communications Inc. specializes in advanced data center solutions, enhancing performance and security across various sectors, including fintech and cloud computing with their innovative NoLoad technology.Eidetic Communications Inc. is focused on delivering advanced data center solutions that optimize performance and security. Founded in 2016 in Calgary, Canada, the company is led by CEO Roger Bertschmann and was founded by Saeed Fard. In July 2019, Eidetic raised seed funding from iNovia Capital and Molex Ventures. It has completed one deal to date.Eideticom specializes in advanced data center solutions that enhance both performance and security for a diverse range of industries including fintech, cloud computing, content delivery networks, and national laboratories. At the core of their offerings is the NoLoad technology, which utilizes agile reconfigurable computational offload to execute critical tasks such as cryptographic processing, data compression, and analytics, thereby relieving pressure from CPUs. This technology integrates seamlessly with existing systems, featuring compatibility with major frameworks such as OpenSSL, NGINX, and Apache, and supports various protocols including TLS 1.3. Notable clients include leading content delivery networks and financial services firms that require high-performance and secure data handling capabilities. Eideticom's products are primarily deployed in North America and Europe, serving markets that demand robust and secure data infrastructure solutions.The revenue structure of Eideticom is primarily driven through B2B transactions with a focus on long-term partnerships with enterprise clients. The company offers its NoLoad technology under structured agreements, where clients typically engage in multi-year contracts that include both licensing fees and ongoing support services. These contracts facilitate the implementation of their flagship solutions, which provide enhanced performance and security for data center operations. Revenue is generated through service subscriptions, which may include tiered pricing based on the volume of data processed or the number of deployments. The structured pricing model ensures clients receive comprehensive support and upgrades as technology evolves, aligning with their operational needs in high-demand environments like financial markets and cloud services.Following the seed funding raised in July 2019, Eidetic Communications Inc. plans to leverage these resources to further develop their NoLoad technology and introduce new products aimed at enhancing data center efficiency. The company is targeting expansion into European and Asian markets, with the objective of establishing a presence by the end of 2021. This strategic move aims to cater to the increasing demand for data security and performance enhancement in these regions.

## Funding rounds

- Seed, Jul 29, 2019 — Inovia Capital, Molex Ventures

## Investors

- Inovia Capital (https://capitalatlas.ai/funds/inovia-capital) — Seed
- Molex Ventures (https://capitalatlas.ai/funds/molex-ventures) — Seed
