Enablence

Toronto, Canada Founded: 2003 • Age: 23 yrs
Photonic integrated circuits are designed and manufactured for telecommunications.
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About Enablence

Enablence is a company based in Toronto (Canada) founded in 2003. It operates as a B2B2C. Enablence has completed 3 acquisitions, including Albis Opto, Teledata Networks and Wave7 Optics. Enablence offers products and services including CWDM, DWDM, and Custom Fab Services. Enablence operates in a competitive market with competitors including Tejas Networks, Calix, Infinera, Mavenir and Ciena, among others.

  • Headquarter Toronto, Canada
  • Stage Public
  • Sectors
    Telecommunications
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Enablence Technologies Inc.
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Technology → Quantum & Emerging Technologies
Key Metrics
  • Annual Revenue
    $1.51 M (USD)
    -17.41
    as on Jun 30, 2024
  • Net Profit
    $-13.29 M (USD)
    -65.85
    as on Jun 30, 2024
  • EBITDA
    $-8.69 M (USD)
    -22.24
    as on Jun 30, 2024
  • Latest Funding Round
    $23.48 M (USD), Post-IPO

    Apr 04, 2025

  • Investors
    ZTE

    & 3 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Albis Opto

    & 2 more

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IPO & Listings of Enablence

Enablence is a publicly listed company on the TSXV with ticker symbol ENA in Canada, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: TSXV · Ticker: ENA . Sector: Electronic technology · Canada

Products & Services of Enablence

Enablence offers a comprehensive portfolio of products and services, including CWDM, DWDM, and Custom Fab Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Optical chips for coarse wavelength division multiplexing applications.

Optical chips for dense wavelength division multiplexing solutions.

Custom fabrication services for photonic semiconductor components offered.

People of Enablence
Headcount 200-500
Employee Profiles 8
Board Members and Advisors 4
Employee Profiles
People
Zimin Feng
Financial Controller
People
Timothy K.
Chief Operating Officer
People
Stan Besko
Chief Financial Officer
People
Todd Haugen
CEO

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Board Members and Advisors
people
Derek H. Burney
Chairman
people
Louis De Jong
Director & Chair of the Audit Committee
people
Oded Tal
Director
people
Daniel Huff
Director

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Funding Insights of Enablence

  • Total Funding
  • Total Rounds 28
  • Last Round Post-IPO — $23.5M
  • First Round

    (01 Mar 2007)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2025 Amount Post-IPO - Enablence Valuation

investors

Jul, 2018 Amount Post-IPO - Enablence Valuation

investors

Jun, 2017 Amount Post-IPO - Enablence Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Enablence

Enablence has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include ZTE, Raymond James and Export Development Canada. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
SME loans are provided to support business exports.
Founded Year Domain Location
Enterprise SD WAN network management solutions are provided globally.
Founded Year Domain Location
Paradigm Capital is focused on investment banking and advisory services.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Enablence

Enablence has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Albis Opto, Teledata Networks and Wave7 Optics. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Optical broadand access systems
2000
High-speed photo-diode components are manufactured for fiber optic applications.
1995
Migration platform for NGN
1981
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Enablence

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Enablence Comparisons

Employees
+
Add Comparison
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Competitors of Enablence

Enablence operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tejas Networks, Calix, Infinera, Mavenir and Ciena, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Telecom and broadband network solutions are provided by the company.
domain founded_year HQ Location
Communication equipment and software solutions are provided for broadband access.
domain founded_year HQ Location
Cloud-based optical network automation and transmission solutions are provided.
domain founded_year HQ Location
Multi-access edge networking computing platform is provided for mobile services.
domain founded_year HQ Location
Cloud-based network management software is provided for infrastructure planning.
domain founded_year HQ Location
Telecom equipment and software solutions are provided for networks.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Enablence

Frequently Asked Questions about Enablence

When was Enablence founded?

Enablence was founded in 2003 and raised its 1st funding round 4 years after it was founded.

Where is Enablence located?

Enablence is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Who is the current CEO of Enablence?

Evan Chen is the current CEO of Enablence.

What is the annual revenue of Enablence?

Annual revenue of Enablence is $1.51M as on Jun 30, 2024.

What does Enablence do?

Optical chips and photonic semiconductors are designed and manufactured by Enablence for leading transceiver companies. Operations span multiple sectors including augmented reality, automotive, datacom, healthcare, manufacturing, and maritime. Advanced technologies such as AIML chip design, coherent optics, and ultra-low loss propagation are integrated into solutions. Custom fabrication and design services are provided to meet specific client needs. Production is entirely based in the U.S., ensuring supply chain reliability. Rapid design-fab-test cycles are maintained for scalability and performance.

Who are the top competitors of Enablence?

Enablence's top competitors include Tejas Networks, Mavenir and Actelis.

What products or services does Enablence offer?

Enablence offers CWDM, DWDM, and Custom Fab Services.

Is Enablence publicly traded?

Yes, Enablence is publicly traded on TSXV under the ticker symbol ENA.

How many acquisitions has Enablence made?

Enablence has made 3 acquisitions, including Albis Opto, Teledata Networks, and Wave7 Optics.

Who are Enablence's investors?

Enablence has 4 investors. Key investors include ZTE, Raymond James, Export Development Canada, and Paradigm Capital.

What is Enablence's ticker symbol?

The ticker symbol of Enablence is ENA on TSXV.

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