UK headquartered Cyclr is expanding to the North American market with a new office in Toronto.
Cyclr is an independent, high-growth, embedded iPaaS (integration platform as a service) company that sells a SaaS/software integration toolkit to other SaaS/software companies.
Launched in 2018, the company’s embedded iPaaS solution expands a SaaS company’s native integration capabilities without adding to its development backlog, remaining invisible to its users and ultimately saving innumerable hours of time.
With over 50 per cent of Cyclr’s revenue coming from the North American market, expansion into Toronto was a natural step for the company.
Toronto’s flourishing tech industry in the city was deemed highly attractive, providing the company with the opportunity to establish local connections and actively participate in the tech community.
“From day one it was clear to us that the cultural fit between Cyclr and a highly cosmopolitan Toronto would be strong, the talent pool is impressive and the environment conducive to building Cyclr even further as an innovative tech organisation,” Fraser Davidson, CEO of Cyclr. “We very much look forward to building out our team in this new region.”
Cyclr’s founders come from backgrounds in SaaS, integration and marketing automation. The company is now known as a world-leading specialist in the development of integration platforms for software companies, bringing unique domain knowledge and product expertise to the Toronto Region.
Cyclr worked closely with Toronto Global, a team of experienced business advisors assisting global businesses to expand into the Toronto Region. Toronto Global helped Cyclr find its footing in the city, supporting relocated team members in the new Toronto office and significantly expediting progress in establishing in the region.
“We are ecstatic that Cyclr has established its North American base in Toronto, contributing to the booming tech ecosystem,” said Stephen Lund, CEO of Toronto Global.
“With one of the most diverse and highly skilled talent pools across the globe, our region is proud to welcome the Cyclr team to our thriving business community and look forward to our continued partnership in tech innovation.”