Simnet

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.

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

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

• Managed cloud services
• Private cloud infrastructure
• Cybersecurity managed services
• Disaster recovery services
• IT infrastructure management

Headquarters

HQ city

Whitby

HQ country

Canada

HQ region

North America

Offices11 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Infrastructure, Technology or R&D, Marketing or Sales, Operations, Supply Chain

Revenue model

1. 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
2. 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
3. Hardware Sales: Hardware sales with upfront payment as stated in Quote. All shipping, duties, brokerage, insurance, and restocking fees are customer's responsibility
4. Usage-Based Services: Usage-based or PAYG services billed monthly in arrears based on actual consumption

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core 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

Named customers9 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• ScaleforcecoreStrategic or Co-development Partner · 22 October 2025SIMNET 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

Direct 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

• Xx.com/simnet_it
• LinkedInlinkedin.com/company/simnet-inc/about

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Simnet