Simnet
SIMNET is a Canadian managed IT services and private cloud provider offering hybrid cloud infrastructure, cybersecurity (SIEM, SOC, vulnerability and compliance), and managed IT services for enterprises, SaaS providers, government, and regulated industries across North America, EMEA, and APAC.
- Company typePrivate
- Founded2005
- HeadquartersWhitby, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Simnet does
SIMNET Inc. is a privately held Canadian managed IT services and cloud provider founded in 2005 and headquartered in Whitby, Ontario, owned and led by Founder and President Ted de Vos. The company delivers a hybrid cloud portfolio spanning Private Cloud (IaaS), Anything-as-a-Service, Veeam-powered backup and disaster recovery, Hardware Security Modules, and cloud migration consulting, paired with a cybersecurity stack built around SIEM-as-a-Service, a Security Operations Center, vulnerability assessments, compliance readiness, dark web monitoring, and managed firewall operations. Underlying infrastructure runs on all-flash storage and platinum compute in a sovereign-first architecture supporting both modern and legacy workloads, with multi-location high-availability designs targeting a 99.99% SLA.
Revenue is generated through three primary streams: subscription-based monthly recurring charges for managed cloud and IT services billed one month in advance on Net 30 terms, project or milestone-based professional services, and usage-based or pay-as-you-go services billed monthly in arrears, complemented by hardware pass-through sales. Customer concentration cuts across regulated industries (financial services such as Community Savings Credit Union, government at federal/state/local level, and utilities), industrial buyers (Olon Industries, Dahl Valve), and SaaS/ISV providers (Prophix, Signifi, Polaris Transportation), with channel motions added through VARs, telcos in Cyprus, and a "hosting for hosters" model in Amsterdam after the October 2025 acquisition of Scaleforce.
Following the October 2025 Scaleforce acquisition, SIMNET added data centers in Cyprus and Amsterdam, expanded DevOps and edge/CDN capabilities, brought seven staff under its umbrella, and appointed Scaleforce's founder as Head of Cloud Experience. Operating geographies now span Canada, the United States, the United Kingdom, Cyprus, the Netherlands, India, and Australia, supported by technology partnerships with Veeam (Gold), Splunk, Microsoft, and Fortinet, and compliance posture aligned to SOC 2, PIPEDA, and CASL.
Simnet firmographics
Firmographics- Name
- Simnet
- Legal name
- SIMNET Inc.
- Website
- https://simnet.ca
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- SIMNET is a Canadian managed IT services and private cloud provider offering hybrid cloud infrastructure, cybersecurity (SIEM, SOC, vulnerability and compliance), and managed IT services for enterprises, SaaS providers, government, and regulated industries across North America, EMEA, and APAC.
- Ownership category
- akta.pro rank
Simnet industry classification
Industry- Product category
- Managed Cloud Infrastructure and IT Services
- NAICS
- Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Cloud Managed Services (M365/Azure/AWS/GCP) (BPAEABAE)
- akta.pro secondary industries
- Cloud Security Managed Services (CSPM/CWPP/CNAPP) (BPAEADAF), Private Cloud Platforms (On‑Prem Cloud Stacks) (HDABABAA), Data Security & Privacy Managed Services (DLP/Encryption) (BPAEADAL)
Keywords
Where Simnet is headquartered
LocationHeadquarters
- HQ city
- Whitby
- HQ country
- Canada
- HQ region
- North America
Offices11 records
Markets served
Simnet business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Infrastructure, Technology or R&D, Marketing or Sales, Operations, Supply Chain
Revenue model
- Managed Services / Cloud Infrastructure: Monthly Recurring Charges (MRC) billed one month in advance on Net 30 terms for cloud infrastructure, managed IT, and security services
- Professional Services: Project and professional services billed in advance, by milestone, or time and materials as specified in Quote or SOW. Non-recurring charges including onboarding, professional services, deposits, and hardware invoiced upon Quote acceptance
- Hardware Sales: Hardware sales with upfront payment as stated in Quote. All shipping, duties, brokerage, insurance, and restocking fees are customer's responsibility
- Usage-Based Services: Usage-based or PAYG services billed monthly in arrears based on actual consumption
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Managed Cloud and IT Services - subscription-based pricing |
| Subscription | Multi-year contract | Professional Services - project/milestone billing |
| Usage-based | Pay-as-you-go | Usage-based/PAYG Services |
| One time/ perpetual license | Monthly | Hardware and Third-Party Licensing |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
Simnet product offering
Product offeringCore offering
Simnet (SIMNET Inc.) provides managed private cloud infrastructure (Infrastructure-as-a-Service) with all-flash storage and platinum compute, multi-location high-availability designs, backup and disaster recovery, and hardware security modules. It complements this with managed cybersecurity services (SIEM, Security Operations Center, vulnerability assessments, compliance readiness, dark web monitoring, firewall management) and managed IT/professional services. Customers range from SMEs supplementing existing IT to enterprises outsourcing entire infrastructure, with sovereign-first architecture for regulated and mission-critical workloads.
Product overview
SIMNET is a hybrid cloud solutions provider offering a comprehensive portfolio of managed IT, cloud, and cybersecurity services. The core offerings are organized into three main categories: Cloud Services (Private Cloud IaaS, XaaS, Veeam backup solutions, cloud migration, disaster recovery, and hardware security modules), Cybersecurity Solutions (SIEM, SOC, vulnerability assessments, compliance readiness, dark web monitoring, and firewall management), and Managed IT Services (infrastructure management and professional services). The company operates a global cloud infrastructure with Points of Presence across North America, Europe, Asia, and Australia. SIMNET differentiates through its sovereign-first architecture supporting both modern and legacy workloads, offering Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and Security Operations-as-a-Service (SOCaaS).
Differentiator
Problem solved
Functional benefit
Products and services
- Private Cloud (IaaS) Infrastructure-as-a-Service offering providing dedicated, isolated cloud environments with all-flash storage and platinum compute for enterprise workloads requiring high availability and zero downtime.
- Anything As A Service (XaaS) Flexible as-a-Service model allowing customers to access various IT resources and services on-demand with scalability options across the cloud stack.
- Veeam Cloud Connect Backup Solutions for Enterprises Enterprise backup and recovery solution powered by Veeam technology (Veeam Gold partner), enabling secure cloud backup with replication capabilities for enterprises.
- Enterprise Cloud Migration & Consulting Services Professional services for migrating enterprise infrastructure to cloud environments with strategic planning and execution.
- Backup & Disaster Recovery Business continuity services including data backup, disaster recovery planning, and tested recovery processes to ensure resilience for enterprise customers.
- Hardware Security Modules Security infrastructure providing cryptographic key management and hardware-based security for protecting sensitive data and transactions.
- SIEM As A Service Security Information and Event Management service providing proactive security monitoring, threat detection, and compliance reporting powered by partner technologies.
- Security Operations Center Managed security monitoring and incident response services providing round-the-clock surveillance and threat mitigation.
- IT Vulnerability Assessments Security assessment services that scan networks, identify weaknesses, and provide prioritized remediation recommendations.
- Compliance Readiness Services to help organizations prepare for and maintain compliance with regulatory standards and security frameworks.
- Dark Web Monitoring Services for Business Continuous monitoring of dark web sources to detect compromised credentials, data breaches, and cyber threat intelligence for business customers.
- Cloud Firewall Security & Operations Management Managed firewall services (powered by Fortinet technology) including configuration, monitoring, and operations management for network security.
- IT Infrastructure Managed Services Comprehensive managed IT services with certified professionals providing unlimited support and continuous monitoring.
- Professional Services Expert technical consulting and professional services for implementation, customization, and specialized IT projects.
Quantifiable outcome
- 99.99% availability SLA (High Availability Facility Power and Environmental)
- +2 more outcomes
Companies that use Simnet
Customer profileNamed customers9 records
Segments5 records
Ideal customer profiles4 records
Simnet technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Simnet partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- ScaleforcecoreSIMNET acquired Scaleforce, an innovative DevOps and cloud hosting company with data centers in Cyprus and Amsterdam. The acquisition expands SIMNET's DevOps capabilities and European cloud presence, adding new compute zones. Scaleforce's founder serves as Head of Cloud Experience at SIMNET. The acquisition brought 7 staff and significant portfolio of enterprise workloads.
Scale indicators5 records
Recent moves7 records
Expansion highlights5 records
Simnet competitors and assessment
Company assessmentDirect peers
- Rackspace Technology: Global managed cloud services provider offering multi-cloud management, security services, and dedicated infrastructure across AWS, Azure, and Google Cloud. Comparable to SIMNET's portfolio of managed cloud, security, and DR services for mid-market and enterprise.
- ThinkOn: Canadian-owned sovereign cloud IaaS provider offering secure, compliant infrastructure to Canadian public sector and regulated enterprises. Direct competitor in the Canadian data-sovereignty and private-cloud niche that SIMNET targets.
- iLand: Secure enterprise cloud provider offering IaaS, DRaaS, and backup with compliance certifications. Overlaps with SIMNET's compliance-ready, security-first positioning for regulated workloads.
- Navisite: Managed cloud services and hosting provider delivering managed AWS, Azure, Oracle, and private cloud environments with 24/7 support. Closely comparable managed-services model and enterprise target market.
- Bulletproof (now known as QuickProtect / part of GLI): Managed security and compliance services provider historically Canadian/Atlantic-focus, offering MSSP-style services analogous to SIMNET's SIEM, SOC, and compliance readiness stack.
Broad incumbents
- Amazon Web Services (AWS): Hyperscale cloud offering IaaS, security services, and managed cloud through partners; AWS Canada Central (Montreal/Calgary) competes directly with SIMNET's sovereign-cloud positioning for Canadian enterprise workloads.
- Microsoft Azure Canada Central: Hyperscale public cloud offering IaaS, security, and managed services through partner ecosystem with Canadian data residency. Strategic competitive backdrop SIMNET positions sovereign infrastructure against.
Emerging players
- 365 Data Centers (now Cologix-adjacent): Multi-location colocation and managed services provider offering compliant private cloud and DR. Overlaps with SIMNET's multi-PoP, regulatory-focused infrastructure play.
Regional players
- eSentire: Canadian-headquartered MDR provider offering SOC, SIEM, and managed security services. Comparable to SIMNET's cybersecurity portfolio and serves similar Canadian mid-market and enterprise regulated clients.
- Hosting.ca / Canadian Web Hosting: Canadian hosting and managed services provider offering cloud, security, and DR across Canadian data centers. Comparable in scale and region, serving similar Canadian SMB and mid-market segments.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Simnet social profiles
Digital presenceSimnet compliance and trust
Trust signalCompliance2 records
Simnet financial estimates
Financial estimateRevenue estimate
Valuation estimate
Simnet leadership team
Management profileNumber of profiles
Profiles2 records
Simnet subsidiaries and ownership
Company hierarchySubsidiaries1 record
Simnet funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Simnet M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Simnet
What does Simnet do?
Simnet (SIMNET Inc.) provides managed private cloud infrastructure (Infrastructure-as-a-Service) with all-flash storage and platinum compute, multi-location high-availability designs, backup and disaster recovery, and hardware security modules. It complements this with managed cybersecurity services (SIEM, Security Operations Center, vulnerability assessments, compliance readiness, dark web monitoring, firewall management) and managed IT/professional services. Customers range from SMEs supplementing existing IT to enterprises outsourcing entire infrastructure, with sovereign-first architecture for regulated and mission-critical workloads.
Is Simnet a public or private company?
Simnet is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Simnet founded?
Simnet was founded in 2005. It employs 11 to 50 people.
Where is Simnet based?
Simnet is headquartered in Whitby, Canada, in the North America region.
How does Simnet make money?
Four revenue lines are on record. Managed Services / Cloud Infrastructure is the primary driver. The others are professional Services, hardware Sales and usage-Based Services.
Who are Simnet's main competitors?
Direct peers on record are Rackspace Technology, ThinkOn, iLand, Navisite and Bulletproof (now known as QuickProtect / part of GLI). Broad incumbents are Amazon Web Services (AWS) and Microsoft Azure Canada Central. 365 Data Centers (now Cologix-adjacent) is listed as an emerging player. Regional players are eSentire and Hosting.ca / Canadian Web Hosting.
Does Simnet have an API?
No public API is recorded for Simnet.
What industry is Simnet in?
Simnet's product category is Managed Cloud Infrastructure and IT Services. Its primary akta.pro industry code is BPAEABAE, Cloud Managed Services (M365/Azure/AWS/GCP), with a secondary code of BPAEADAF, Cloud Security Managed Services (CSPM/CWPP/CNAPP). Its NAICS code is 54151 and its SIC code is 7370.