About Lanworks
Lanworks is a company based in Mississauga (Canada) founded in 1986 was acquired by Osprey Technology Solutions in September 2024.. Lanworks offers products and services including Network Solutions, Cybersecurity, and Managed Services. Lanworks operates in a competitive market with competitors including UST, Breed Reply, NTT DATA, Globant and 1&1 IONOS, among others.
- Headquarter Mississauga, Canada
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Lanworks Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
3Com
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Lanworks
Lanworks offers a comprehensive portfolio of products and services, including Network Solutions, Cybersecurity, and Managed 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.
Delivers network security and lifecycle support for businesses.
Provides vulnerability assessment and threat protection services.
Offers proactive monitoring and on-demand IT maintenance solutions.
Funding Insights of Lanworks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Lanworks
Lanworks has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include 3Com and Osprey Technology Solutions. 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.
| Investor | Description | Founded Year | Domain | Location |
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Networking hardware and security systems are supplied for enterprise use.
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Founded Year | Domain | Location | |
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Acquires MSPs, modernizes IT services, and scales operations organically in North America.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lanworks
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Lanworks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lanworks Comparisons
Competitors of Lanworks
Lanworks 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 UST, Breed Reply, NTT DATA, Globant and 1&1 IONOS, 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 |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
AI, cloud, and blockchain services are provided globally.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
IT and digital transformation services are delivered to various industries.
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lanworks
Frequently Asked Questions about Lanworks
When was Lanworks founded?
Lanworks was founded in 1986.
Where is Lanworks located?
Lanworks is headquartered in Mississauga, Canada. It is registered at Mississauga, Ontario, Canada.
What does Lanworks do?
Lanworks was established in 1986 and is headquartered in Mississauga, Canada. Operations are focused on the information technology sector, where a suite of IT services is delivered alongside distribution of hardware and software products. These activities support various business needs through reliable provisioning and logistical handling. The companys domain, lanworks.com, facilitates online engagement with clients across the region.
Who are the top competitors of Lanworks?
What products or services does Lanworks offer?
Lanworks offers Network Solutions, Cybersecurity, and Managed Services.
Who are Lanworks's investors?
Lanworks has 2 investors. Key investors include 3Com, and Osprey Technology Solutions.
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