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Chrysalis ITS

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Chrysalis-ITS was a provider of encryption subsystems for the network security industry focused on Certification Authority

Ottawa, CanadaFounded 1998Cybersecurity
Valuation $10–25M Last recorded · 2003
Total funding $10–50M Disclosed equity funding
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About Chrysalis ITS

Chrysalis ITS is a specialized IT consulting and managed services provider focusing on cybersecurity, cloud solutions, and network infrastructure. The company serves a diverse range of clients, including small to medium-sized businesses, educational institutions, and government agencies. Operating primarily in the IT services market, Chrysalis ITS employs a business model that combines consulting services with ongoing managed services, ensuring continuous support and optimization for their clients' IT environments. Revenue is generated through a combination of project-based consulting fees and recurring managed service contracts. The company's expertise in cybersecurity helps clients protect their data and systems from threats, while their cloud solutions enable scalable and flexible IT infrastructure. Network infrastructure services ensure robust and reliable connectivity, essential for modern business operations.

Source: Dealroom company data

At a glance

Founded
1998
Headquarters
Ottawa, Canada
Sector
Cybersecurity

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later5 investors entered at this stage

  • Intel Capital
  • Best Funds
  • Centra Capital
  • Novacap
  • CIBC World Markets
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇦 Canada · Ottawa HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Chrysalis ITS on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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