Martello Technologies

Ottawa, Canada Founded: 2009 • Age: 17 yrs
Cloud-based fault and performance management solutions are provided for networks.
Annual revenue $10.1M Latest available
Total funding $11.2M 12 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 1 Services tracked
Competitors 11 Brand Intelligence

About Martello Technologies

Martello Technologies is a company based in Ottawa (Canada) founded in 2009. Martello Technologies has raised $11.25 million across 12 funding rounds from investors including RBC Royal Bank, Wesley Clover and FedDev Ontario. Martello Technologies has completed 3 acquisitions, including Elfiq Networks, GSX Solutions and Savision. Martello Technologies offers products and services including Vantage DX. Martello Technologies operates in a competitive market with competitors including NetScout, Neusoft, Sigma Systems, Synchronoss and Sandvine, among others.

  • Headquarter Ottawa, Canada
  • Stage Public
  • Sectors
    Telecommunications
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Martello Technologies Group, Inc.
Operational Areas
Telecommunications → Telecommunications Software & Platforms Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $10.12 M (USD)
    -7.88
    as on Mar 31, 2025
  • Net Profit
    -$3.97 M (USD)
    0.83
    as on Mar 31, 2025
  • EBITDA
    -$1.68 M (USD)
    -34.49
    as on Mar 31, 2025
  • Total Equity Funding
    $11.25 M (USD)

    in 12 rounds

  • Latest Funding Round
    $1.4 M (USD), Post-IPO

    Mar 07, 2025

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

IPO & Listings of Martello Technologies

Martello Technologies is a publicly listed company on the TSXV with ticker symbol MTLO in Canada, operating in the Technology services 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: MTLO · Sector: Technology services · Canada

Products & Services of Martello Technologies

Martello Technologies offers a comprehensive portfolio of products and services, including Vantage DX.

Product name locked
Category locked
Primary

Proactive tool for detecting and resolving Microsoft Teams issues.

People of Martello Technologies

Headcount 50-200
Employee Profiles 33
Board Members and Advisors 5
Employee Profiles
People
Christopher Wilson
Software Architect
People
Ziad El Hafiane
R&D engineer
People
Tracy King
VP, Marketing
People
Olivier LAMER
Senior Service Delivery Engineer

Unlock access to complete

Board Members and Advisors
people
Terence H. Matthews
Co-Chairman
people
Mike Galvin
Director
people
Don Smith
Director
people
Colley Clarke
Director, Chair Of Audit Committee

Unlock access to complete

Funding Insights of Martello Technologies

Martello Technologies has successfully raised a total of $11.25M across 12 strategic funding rounds. The most recent funding activity was a Post-IPO round of $1.4 million completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Martello Technologies

Martello Technologies has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include RBC Royal Bank, Wesley Clover and FedDev Ontario.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment management firm investing in startups and established companies
Locked Locked Locked
It serves as a government backed investment fund focused on the economic growth of southern ontorio.
Locked Locked Locked
Commercial banking services are provided to businesses and individuals.
Locked Locked Locked
Premium access

Investor details for Martello Technologies

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Martello Technologies

Martello Technologies has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Elfiq Networks, GSX Solutions and Savision.

Investments
Premium access

Investment portfolio details for Martello Technologies

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
IT infrastructure services are monitored through a dedicated platform.
Locked Locked 2006 Locked
Network performance is enhanced via link balancing and SD-WAN solutions.
Locked Locked 2004 Locked
Server monitoring, reporting, and management services are provided.
Locked Locked 1996 Locked
Premium access

Complete acquisition details for Martello Technologies

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

Verified entity values are shown only after access is granted.

Financial Statements - Martello Technologies

Premium access

Detailed financials for Martello Technologies

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

Verified entity values are shown only after access is granted.

Martello Technologies Comparisons

Martello Technologies Primary company
Description
Cloud-based fault and performance management solutions are p...
Location
Ottawa, Canada
Founded Year
2009
Annual Revenue
$10.12 M (USD)
Net Profit
-$3.97 M (USD)
EBITDA
-$1.68 M (USD)
Employees
Not available
Premium access

Peer comparison for Martello Technologies

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

Verified entity values are shown only after access is granted.

+
Add Comparison
Available on Premium

Competitors of Martello Technologies

Martello Technologies 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 NetScout, Neusoft, Sigma Systems, Synchronoss and Sandvine, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cloud-based visual tools for network performance management are provided.
Locked Locked Locked
IT solutions and services are provided to multiple industries.
Locked Locked Locked
Product, order management, and network provisioning solutions are provided.
Locked Locked Locked
SaaS-based platform providing subscriber analytics, network asset management, and cloud services
Locked Locked Locked
Network policy control products are provided for broadband service providers.
Locked Locked Locked
Network testing platform is utilized for visibility and outage prevention.
Premium access

Detailed competitors of Martello Technologies

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Martello Technologies

Premium access

Complete news archive for Martello Technologies

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Martello Technologies

Martello Technologies was founded in 2009 and raised its 1st funding round 5 years after it was founded.

Martello Technologies is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.

Martello Technologies is a funded company, having raised a total of $11.25M across 12 funding rounds to date.

Annual revenue of Martello Technologies is $10.12M as on Mar 31, 2025.

Martello Technologies was founded in 2009 in Ottawa, Canada, and operates in the telecommunications and IT sector. Cloud-based and on-premise solutions for fault and performance management are offered, including Mitel Performance Analytics for monitoring network performance. Martello Vantage is utilized to assess network readiness for unified communications prior to deployment. UCScore is employed to establish stable UC network foundations, mitigating issues like echo, delay, and jitter from overcapacities.

Martello Technologies's top competitors include Sandvine, Viavi and NetScout.

Martello Technologies offers Vantage DX.

Yes, Martello Technologies is publicly traded on TSXV under the ticker symbol MTLO.

Martello Technologies has made 3 acquisitions, including Elfiq Networks, GSX Solutions, and Savision.

Martello Technologies has 3 investors. Key investors include RBC Royal Bank, Wesley Clover, and FedDev Ontario.

The ticker symbol of Martello Technologies is MTLO on TSXV.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available