# Solink Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/solink

- Industry: IT Security/Cybersecurity
- Headquarters: Ottawa, Canada
- Website: www.solink.com
- Total disclosed funding: $189M
- Investors on record: 13

## About

Based in Canada, Solink Corporation provides innovative cloud-based video security solutions, enhancing business safety through advanced surveillance platforms tailored for diverse sectors such as retail and hospitality.Founded in 2009 and headquartered in Ottawa, Canada, Solink Corporation specializes in providing cloud video security solutions. The company has successfully secured USD 60.00 mn in its latest funding round, Series C, led by Goldman Sachs Merchant Banking Division, with participation from BDC Capital and OMERS Ventures. The firm has completed a total of 5 deals, with the most recent deal occurring on July 25, 2023. The founders, Lyal White and Michael Matta, have a history in business operations, with Michael Matta currently serving as the CEO.Solink specializes in cloud video security solutions designed specifically for businesses. At the core of their product offerings is a sophisticated video surveillance platform that utilizes advanced analytics to enhance security operations without requiring significant camera overhauls. The system integrates seamlessly with existing security infrastructure, providing real-time monitoring and historical data analysis to address various security challenges faced by organizations. Solink primarily serves clients in sectors such as retail, hospitality, and corporate enterprises, aiming to reduce theft, improve safety, and optimize operational efficiency. The company's solutions are marketed in regions including North America, Europe, and select markets in Asia, catering to a wide range of business needs.Solink's revenue model is largely based on subscription services, where clients pay for access to the platform and its accompanying features. Transactions typically involve businesses entering into agreements for multi-year subscriptions that include tiered pricing based on the number of cameras and the specific features selected. For instance, clients may choose from various service levels that offer different capabilities such as enhanced data storage, advanced analytics, or integration with existing systems. This structure allows Solink to maintain a steady revenue stream while providing flexibility to meet diverse customer requirements. The company focuses on establishing long-term relationships with its clients, often including customer support and regular updates as part of their service offerings.In July 2023, Solink Corporation raised USD 60.00 mn in Series C funding, led by new investor Goldman Sachs Asset Management, with participation from returning investors BDC Capital and OMERS Ventures. The funding will be utilized to further develop its platform by adding AI-powered system products and to expand its business reach globally. The company is exploring new markets and regions for its products, although specific target markets and timelines have not been disclosed.

## Funding rounds

- Round, Oct 29, 2026, $100M — Vertu Capital, Comcast Ventures, Goldman Sachs, Goldman Sachs Alternatives Growth Equity, Golub Growth, Growth Equity at Goldman Sachs Alternatives
- Series C, Jul 25, 2023, $60M — BDC Capital, Goldman Sachs Asset Management, OMERS Ventures
- Series B, Jun 26, 2020, $17M — BDC Capital, Valor Equity Partners, OMERS Ventures, Scale Up Ventures
- Series A, Nov 26, 2018, $12M — BDC Capital, Valor Equity Partners, Scale Up Ventures, Generation Ventures
- Seed, Jan 1, 2009 — Wesley Clover

## Investors

- Wesley Clover (https://capitalatlas.ai/funds/wesley-clover) — Seed
- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Series A, Series B, Series C
- Valor Equity Partners (https://capitalatlas.ai/funds/valor-equity-partners) — Series A, Series B
- Scale Up Ventures (https://capitalatlas.ai/funds/scale-up-ventures) — Series A, Series B
- Generation Ventures — Series A
- OMERS Ventures (https://capitalatlas.ai/funds/omers-ventures) — Series B, Series C
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series C
- Vertu Capital (https://capitalatlas.ai/funds/vertu-capital)
- Comcast Ventures (https://capitalatlas.ai/funds/comcast-ventures)
- Goldman Sachs
- Goldman Sachs Alternatives Growth Equity
- Golub Growth
- Growth Equity at Goldman Sachs Alternatives