Solace (formerly Solace Systems) is a middleware company based in Kanata / Ottawa, Ontario, Canada, that manufactures and sells message-oriented middleware appliances and software that routes information between applications, devices and user interfaces.
| Company type | Private |
|---|---|
| Industry | Computer Hardware and Software |
| Founded | 2001 |
| Headquarters | Kanata, Ontario |
Key people | Denis King, President & CEO Craig Betts, Founder and Chairman |
| Website | www.solace.com |
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] In 2020, Denis King, the company's COO, was appointed as CEO of Solace, replacing Les Rechan.[3]