Solacerevenue, valuation & funding
Event Stream Processing SoftwareOttawa, Ontario, CanadaFounded 2001CEO Denis King
Solace Corporation is a technology company based in Ontario, Canada. Solace provides a messaging platform that helps businesses to distribute real-time data and information across their IT infrastructure.
Solace revenue
Solace's annual revenue was $100.3M in November 2024, the most recent figure on record. That is up 0% from $100M a year earlier.
All 5 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $37M | – |
| Dec 2023 | $18.3MEST. | GetLatka estimate |
| 2024 | $100M | PR Newswire'centaur' status |
| Oct 2024 | $25.6MEST. | GetLatka estimate |
| Nov 2024 | $100.3M | Ottawa Business Journal |
– source not recorded
Solace valuation
Solace has no published valuation. prospeo.io puts it at about $352M (2025).
Solace funding rounds & investors
Solace has raised $7M in one round, in July 2020.
| Date | Round | Raised |
|---|---|---|
| Jul 2020 | Funding round | $7M |
| Total raised | $7M |
Solace competitors
Solace competes most directly with WSO2.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 WSO2 | $128.8M | $133.5M | 1,130 | 300 | 2005 |
| Solace | $100.3M | $7M | 629 | – | 2001 |
#1 of 8 Event Stream Processing Software companies by revenue · category median $6.5M · See the ranking
Solace CEO & employees
Denis King is CEO of Solace. Solace has 629 employees (May 2025, Tracxn estimate), up from 201 a year earlier.
- Denis KingCEO
BoardRandolph Cowen, Janet Perna, Alok Singh, Terry Matthews, Steve Pusey, Dave Barnes, Craig Betts, Hasan Rizvi, André Gauthier, Tom Manley
All 8 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| May 2025 | 629EST. | Tracxn estimate |
| Dec 2024 | 610 | |
| Oct 2024 | 201 | |
| Dec 2023 | 201 | |
| Jul 2023 | 201 | – |
| Dec 2022 | 581 | |
| Dec 2021 | 487 | |
| Apr 2021 | 440 | – |
Solace FAQ
What is Solace's revenue?
Solace's annual revenue was $100.3M in November 2024, according to Ottawa Business Journal. No later figure is on record.
What is Solace's valuation?
prospeo.io estimates Solace's valuation at about $352M (2025). The company hasn't published a valuation.
How much funding has Solace raised?
Solace has raised $7M in one funding round, in July 2020.
Is Solace publicly traded?
No. Solace is a private company, so its shares aren't traded on a stock exchange.
How many employees does Solace have?
Tracxn estimates Solace's headcount at about 629 (May 2025).
Who is the CEO of Solace?
Denis King is the CEO of Solace.
Browse Event Stream Processing Software
How this page is sourced
7 from public sources · 3 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Oct 7, 2026Data disclaimerReport a correctionClaim this profileRun Solace? Join the podcast