About TeraGo
TeraGo is a company based in Thornhill (Canada) founded in 1999 was acquired by Hut 8 in January 2022. TeraGo has raised $2.31 million across 4 funding rounds from investors including Hut 8. The company has 98 employees as of December 31, 2024. TeraGo has completed 4 acquisitions, including BoxFabric Hosting, Data Centers Canada and Mobilexchange. TeraGo offers products and services including Business Internet, Managed SD-WAN, and 5G Private Wireless. TeraGo operates in a competitive market with competitors including 1&1 IONOS, Vonage, Viatel, Aureon and Dialog Axiata, among others.
- Headquarter Thornhill, Canada
- Employees 98 as on 31 Dec, 2024
- Stage Public
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Sectors
TelecommunicationsTechnology
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Terago Inc.
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Annual Revenue
$18.18 M (USD)0.43as on Dec 31, 2024
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Net Profit
-$9.22 M (USD)-0.65as on Dec 31, 2024
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EBITDA
$1.7 M (USD)263.8as on Dec 31, 2024
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Total Equity Funding
$2.31 M (USD)
in 4 rounds
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Latest Funding Round
Not available
- Investors
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Employee Count
98
as on Dec 31, 2024
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Investments & Acquisitions
BoxFabric Hosting
& 3 more
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Acquired by
Hut 8
(Jan 20, 2022)
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IPO & Listings of TeraGo
TeraGo is a publicly listed company on the TSX with ticker symbol TGO in Canada, operating in the Communications 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.
Products & Services of TeraGo
TeraGo offers a comprehensive portfolio of products and services, including Business Internet, Managed SD-WAN, and 5G Private Wireless.
Delivers secure connectivity options like fiber and wireless.
Optimizes network performance for business demands.
Provides high-speed wireless networks for enterprises.
People of TeraGo
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Funding Insights of TeraGo
TeraGo has successfully raised a total of $2.31M across 4 strategic funding rounds. 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 TeraGo
TeraGo has secured backing from 1 investor. Prominent investors backing the company include Hut 8.
| Investor | Description | Founded Year | Domain | Location |
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High-performance computing infrastructure is provided for digital sectors.
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Locked | Locked | Locked |
Investor details for TeraGo
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Investments & Acquisitions by TeraGo
TeraGo has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include BoxFabric Hosting, Data Centers Canada and Mobilexchange.
Investment portfolio details for TeraGo
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud and managed hosting services are provided to businesses.
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Locked | Locked | 2009 | Locked | |
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Colocation and disaster recovery solutions are provided to enterprises.
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Locked | Locked | 2009 | Locked | |
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Managed network services are provided to clients.
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Locked | Locked | 2001 | Locked |
Complete acquisition details for TeraGo
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Financial Statements - TeraGo
Detailed financials for TeraGo
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Terago Comparisons
Peer comparison for TeraGo
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Competitors of TeraGo
TeraGo 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 1&1 IONOS, Vonage, Viatel, Aureon and Dialog Axiata, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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Provider of contact center business communication solutions
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Connectivity, voice, and data center solutions are provided by Viatel.
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| Locked | Locked | Locked |
Business telecom and contact center services are provided to enterprises.
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Telecommunication services are delivered across Sri Lanka by Dialog Axiata.
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Cloud-based DNS, DHCP appliances, and security solutions are provided.
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Detailed competitors of TeraGo
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Latest news on Terago
Complete news archive for TeraGo
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Frequently Asked Questions about TeraGo
TeraGo was founded in 1999 and raised its 1st funding round 4 years after it was founded.
TeraGo is headquartered in Thornhill, Canada. It is registered at Thornhill, Ontario, Canada.
TeraGo is a funded company, having raised a total of $2.31M across 4 funding rounds to date.
As of Dec 31, 2024, the latest employee count at TeraGo is 98.
Annual revenue of TeraGo is $18.18M as on Dec 31, 2024.
TeraGo Networks was founded in 1999 and is headquartered in Thornhill, Canada. Business telecommunications services are offered, including internet access via fibre, wireless, and Ethernet over cable technologies. Colocation facilities and cloud solutions are provided through its own network infrastructure. Voice options such as SIP trunking and Hosted PBX are included. Operations cover 46 cities, where 4,100 business customers are served.
TeraGo offers Business Internet, Managed SD-WAN, and 5G Private Wireless.
Yes, TeraGo is publicly traded on TSX under the ticker symbol TGO.
TeraGo has made 4 acquisitions, including BoxFabric Hosting, Data Centers Canada, and Mobilexchange.
TeraGo has 1 investor. Key investors include Hut 8.
The ticker symbol of TeraGo is TGO on TSX.