About Enablence
Enablence is a publicly listed company based in Toronto (Canada) founded in 2003. Photonic integrated circuits are designed and manufactured for telecommunications. It operates on a B2B2C model in Telecommunications and Technology sectors. Enablence has completed 3 acquisitions, including Albis Opto, Teledata Networks and Wave7 Optics. Its chief executive, as recorded, is Evan Chen. Enablence offers products and services including CWDM, DWDM, and Custom Fab Services. Its focus areas include Photonics and Optical Chips. Its legal entity is Enablence Technologies Inc.
Company details
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.
- Headquarters Toronto, Canada
- Stage Public
- SectorsTelecommunicationsTechnology
- Email••••••••
- Phone•••• ••••
- Website enablence.com
- Social LinkedIn X
- Legal Name Enablence Technologies Inc.
- Annual Revenue$6.06 M (USD)282.09as on Jun 30, 2025
- Net Profit-$18.52 M (USD)-32.49as on Jun 30, 2025
- EBITDA-$10.75 M (USD)-17.52as on Jun 30, 2025
- Latest Funding Round$17.87M (USD), Post-IPO
Sep 2026
- InvestorsZTE
& 3 more
- Investments & AcquisitionsAlbis Opto
& 2 more
Products & Services of Enablence
Enablence offers a comprehensive portfolio of products and services, including CWDM, DWDM, and Custom Fab Services.
Optical chips for coarse wavelength division multiplexing applications.
Optical chips for dense wavelength division multiplexing solutions.
Custom fabrication services for photonic semiconductor components offered.
Funding Insights of Enablence
- Total Rounds 29
- Last Round Post-IPO — $17.87M
- First Round $15.36M
(Mar 2007)
- Investors Count 4
Latest 10 of 29 funding rounds of Enablence with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2026 | $17.87M | Post-IPO | – | – | – |
| Apr 2025 | $23.48M | Post-IPO | – | – | – |
| Jul 2018 | $1M | Post-IPO | – | – | – |
| Jun 2017 | $7.4M | Post-IPO | – | – | – |
| Mar 2016 | $2.23M | Debt – Conventional | – | – | |
| Feb 2016 | $3.3M | Post-IPO | – | – | |
| Dec 2015 | $47,700 | Post-IPO | – | – | – |
| Nov 2015 | $1.44M | Post-IPO | – | – | – |
| Oct 2015 | $2.8M | Post-IPO | – | – | – |
| Oct 2015 | $3.04M | Post-IPO | – | – | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
SME loans are provided to support business exports. | 1944 | edc.ca | Ottawa, Canada | |
Enterprise SD WAN network management solutions are provided globally. | 1985 | zte.com.cn | Shenzhen, China | |
Paradigm Capital is focused on investment banking and advisory services. | paradigmcap.com | Toronto, Canada | ||
M&A advisory, capital markets, and wealth management services are offered. | 1962 | raymondjames.com | St. Petersburg, United States |
Investor details for Enablence
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Enablence
13 people are tracked at Enablence (6 in leadership, 4 in board & advisors, 3 in team).
| Name | Role | Group |
|---|---|---|
Evan Chen | CEO | Leadership |
Timothy K. | Chief Operating Officer | Leadership |
Stan Besko | Chief Financial Officer | Leadership |
Todd Haugen | CEO | Leadership |
T. Paul Rowland | CFO | Leadership |
Tom Nguyen | Director, Manufacturing | Leadership |
Derek H. Burney | Chairman | Board & advisors |
Louis De Jong | Director & Chair of the Audit Committee | Board & advisors |
Oded Tal | Director | Board & advisors |
Daniel Huff | Director | Board & advisors |
Zimin Feng | Financial Controller | Team |
Xiaozhen Qi | Regional Financial Controller | Team |
Bob Ransom | Manager Equipment Facilities | Team |
Complete people profiles for Enablence
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Board tenure
- Professional contacts
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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.
- IPO date27 Jul 2006
- Listed onTSX-V: ENA
- Listed entityEnablence Technologies Inc.
- Exchange sectorElectronic technology
- ISINCA2924833023
- Share price7.95 CAD (-10.67% on the day) · 2026-10-13
- Market capitalisation193,170,645.00 CAD
- EPS (diluted, trailing year)-1.53 CAD
- Volume (last session)4,835
Financials of Enablence
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 8.3M CAD | -25.3M CAD | -14.7M CAD |
| 2024 | 2.2M CAD | -19.1M CAD | -12.5M CAD |
| 2023 | 2.6M CAD | -11.5M CAD | -10.2M CAD |
| 2022 | 2.5M CAD | 14.8M CAD | -7.1M CAD |
| 2021 | 3.2M CAD | -6.5M CAD | -5.3M CAD |
Detailed financial statements for Enablence
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Migration platform for NGN | teledata-networks.com | Amsterdam, Netherlands | 1981 | Apr 2010 | $50M | |
Optical broadand access systems | wave7optics.com | Alpharetta, United States | 2000 | Apr 2008 | $10.5M | |
High-speed photo-diode components are manufactured for fiber optic applications. | albisopto.com | Zurich, Switzerland | 1995 | Mar 2007 | •••• |
Complete acquisition details for Enablence
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of Enablence
7 dated milestones of Enablence across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Enablence is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $15.4M.
- Acquisition Acquires Albis Opto.
- Acquisition Acquires Wave7 Optics.
- Acquisition Acquires Teledata Networks.
- Funding Latest funding round, Post-IPO, of $17.9M.
Web traffic of Enablence
The website of Enablence (enablence.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▲ 73.3% vs previous month
Websites whose visitors overlap most with Enablence. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| phonetime.com | 100% | View details | |||
| ad-net.com.tw | 92% | #2,043,301 | View details |
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Related news about Enablence
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Frequently Asked Questions about Enablence
Enablence was founded in 2003 and raised its 1st funding round 4 years after it was founded.
Enablence is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Evan Chen is the CEO of Enablence, as recorded in our data.
Annual revenue of Enablence is $6.06M as on Jun 30, 2025.
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.
Enablence offers CWDM, DWDM, and Custom Fab Services.
Yes, Enablence is publicly traded on TSXV under the ticker symbol ENA.
Enablence has made 3 acquisitions, including Albis Opto, Teledata Networks, and Wave7 Optics.
Enablence has 4 investors. Key investors include ZTE, Raymond James, Export Development Canada, and Paradigm Capital.
Enablence operates through Enablence Technologies Inc..