Originally posted to Data Center POST. 

By AJ Byers, President and CEO, ROOT Data Center

For many up-and-coming technology organizations, success in the global marketplace requires substantial financial backing. In the past, Canadian-based companies struggled to acquire the necessary funding to maintain operations, forcing them to travel south of the border into Silicon Valley to obtain capital from U.S. investors.

This practice negatively impacted Canada’s technology landscape, as successful companies and talented individuals were forced to leave their country of origin in search of new growth opportunities. As a result, Canada maintained limited recognition as a prosperous destination for tech investment and struggled to remain relevant in today’s increasingly digital economy. However, all that has recently changed.

 

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