Ethica secures significant investment from GreenSky Ventures to accelerate the global expansion of its innovative CloudAccess internet solution.
Target Information
Ethica, a software company headquartered in Toronto, Canada, has successfully closed an investment round led by GreenSky Ventures. The firm specializes in innovative solutions aimed at addressing connectivity challenges through its flagship product, CloudAccess, which is a Software-Defined Internet Access (SDIA) solution. This funding marks a significant milestone for Ethica as it enhances its potential for global expansion and better service delivery in the internet connectivity sector.
CloudAccess is designed to empower Internet Service Providers (ISPs) by providing a seamless, virtually plug-and-play connectivity solution. By integrating CloudAccess into their core offerings, ISPs can ensure uninterrupted service for their customers, even during network outages, while also maximizing their existing legacy infrastructure in areas lacking high-speed broadband access.
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Industry Overview
The internet services sector is experiencing a transformative shift due to the surging demand for cloud applications. Both businesses and consumers are increasingly seeking fast, reliable internet connections that can support ess
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GreenSky Ventures
invested in
Ethica
in 2024
in a Series A deal