F12.net
Track on RadarAcquired by Audax Private Equity · 2025 · news
Canadian MSP/MSSP providing managed IT and cybersecurity services to SMBs
- Total raised
- $27.47M
- Employees
- 272
- Founded
- 1992
- Momentum
- 47
Cooling
Data updated August 2026
About
About F12.net
At a glance
F12.net is a cybersecurity company specializing in Security Operations, founded in 1992 and headquartered in Edmonton, Canada. It has raised $27.47M in total funding, employs about 272 people, and was acquired by Audax Private Equity in 2025.
F12.net is a Canadian managed service provider (MSP) and managed security service provider (MSSP) that delivers IT services and cybersecurity solutions to small and medium-sized businesses across Canada. The company was founded in 1992 and has grown through multiple acquisitions to establish a national presence with offices in British Columbia, Alberta, and Ontario. The company provides managed IT services including IT service management, on-site support, co-managed IT, and device-as-a-service offerings. Their cybersecurity portfolio includes managed detection and response, penetration testing, vulnerability management, security awareness training, and CISSP security consulting. F12.net also offers cloud and data center services such as disaster recovery, sovereign cloud solutions, Microsoft cloud services, Azure cost management, and infrastructure-as-a-service. F12.net targets essential Canadian industries including manufacturing, healthcare, and highly regulated professional services such as law firms. The company operates multiple data centers and provides both fully outsourced IT solutions and support for existing IT departments. Their service model includes subscription-based IT, technology strategy consulting, virtual CIO services, identity and access management, and cloud migration planning. The company achieved Cyber Essentials Plus certification in 2019 and partnered with private equity firm Clairvest Group in 2020. Through acquisitions of companies like OnDeck Systems, Dynamix Solutions, Xylotek Solutions, and Amtra Solutions, F12.net has expanded its geographic reach and technical capabilities across Canada.
Momentum
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Valuation
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Funding
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Privately held
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Tech stack
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FAQ
Frequently asked questions about F12.net
When was F12.net founded?▾
F12.net was founded in 1992.
Where is F12.net headquartered?▾
F12.net is headquartered in Edmonton, Canada.
How much funding has F12.net raised?▾
F12.net has raised a total of $27.47M in total funding.
Is F12.net public or private?▾
F12.net is a privately-held company.
How many employees does F12.net have?▾
F12.net has approximately 272 employees.
What does F12.net do?▾
F12.net is a Canadian managed service provider (MSP) and managed security service provider (MSSP) that delivers IT services and cybersecurity solutions to small and medium-sized businesses across Canada. The company was founded in 1992 and has grown through multiple acquisitions to establish a natio…