Solace Corporation

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Solace
Private
Industry Computer Hardware and Software
Founded 2001
Headquarters Kanata, Ontario
Key people

Les Rechan, President & CEO
Craig Betts, Founder and Chairman
Shawn McAllister, CTO
Mychelle Mollot, CMO
Denis King, COO
Ken Wigglesworth, CFO
Alex Kilgour, Chief Legal Officer
Tim Wong, Chief Revenue Officer
Paul Fitzpatrick, Chief Business Development Officer

Jonathan Bosloy, SVP, Product Development and Operations
Website www.solace.com

Solace (formerly Solace Systems) is a middleware company based in Kanata, Ontario, Canada, that manufactures and sells message-oriented middleware appliances and software that routes information between applications, devices and user interfaces.

Solace was founded in 2001 by Craig Betts, with the idea of embedding messaging functionality in hardware. Between then and 2016, the company raised more than $60 million from venture capital firms. In 2016, New York equity firm Bridge Growth Partners acquired a majority stake in Solace with an investment of more than $100 million.[1] In 2017, former Halogen Software CEO Les Rechan was hired as CEO of Solace, with Betts serving as the company’s executive chairman.[2] The

Solace’s headquarters are in Kanata, Ontario, and the company has offices in Toronto, Redwood City, New York City, Tokyo, Chicago, New Delhi, Atlanta, London, Paris, Zurich, Mumbai, Sydney, Singapore, Hong Kong, Seoul, and Melbourne.

The company's major competitors are TIBCO Software, and IBM (with their WebSphere MQ Low Latency Messaging product).

Solace maintains partnerships with Pivotal, Dell Boomi, SAP Cloud Platform, Google Cloud Platform, and F5, among others.

The company's primary markets are energy, financial services, gaming, government, manufacturing, telecommunications, transportation and logistics. Customers include SAP, Barclays, American Express, Jio, Airtel, NETS, Bet365, Crédit Agricole, DZ Bank, Harris Corporation, FXPro, Korea Exchange (KRX), Legal & General, London Stock Exchange Group, Menards, Mercuria Energy, RBC Capital Markets, Standard Chartered Bank, VoiceBase, Land Transport Authority, Tata Consultancy Services, TMX, Triton Digital and Unibet.

Products[edit]

Solace PubSub+ software provides message routing and persistence functionality.

Solace PubSub+ Cloud is messaging middleware made available as a fully managed service.

Solace PubSub+ Appliances are hardware appliances that run the company's messaging platform as firmware. Messaging middleware appliances are rack-mountable network devices that implement messaging functionality in purpose-built hardware. The company claims that implementing these functions in hardware enables higher throughput and lower, more consistent latency than software alternatives.

References[edit]

  1. ^ "'An excellent time to step on the gas': Majority stake bought in Ottawa tech 'jewel' Solace Systems". Ottawa Citizen. 7 April 2016. Retrieved 2018-06-22. 
  2. ^ "Former Halogen CEO Les Rechan resurfaces at Ottawa tech star Solace". The Globe and Mail. 8 September 2017. Retrieved 2018-06-22. 

External links[edit]