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§ Private Profile · 701 Evans Ave, Suite 300, Toronto, Ontario M9C 1A3, Canada
Embedded systems technology provider developing hardware modules, middleware, and firmware for edge AI, voice, and video communication.
Arcturus is a Toronto, Ontario based technology company that develops microprocessor modules, middleware, and edge artificial intelligence communication technologies for embedded systems. The organization provides hardware modules, software licensing, and custom engineering services to manufacturers operating across the industrial Internet of Things, telecommunications, healthcare, public transit, and physical security sectors. Operating with a team of 13 employees, the business generates approximately $3 million in annual revenue by supplying building blocks that accelerate smart device creation. To support its secure voice, video, and vision solutions, Arcturus maintains strategic technology partnerships with major industry players like NXP Semiconductors and Arm. These collaborations enable the integration of the firm's proprietary Brinq edge analytics software directly into advanced hardware architectures such as the i.MX 8M Plus processors. Led by executives Richard Larsen and John Fabrizio, Arcturus was established in 2001 by undisclosed founders.
Arcturus has raised $23.3M across 4 funding rounds.
Arcturus has raised $23.3M in total across 4 funding rounds.
Arcturus has raised $23.3M across 4 funding rounds. Most recently, it raised $2.3M Seed in December 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 4, 2025 | $2.3M Seed | LDV Capital | Myelin VC, Vanderbilt University | Announced |
| Oct 1, 2022 | $11M Series A | Cloudtree Ventures | 1UP Ventures, BITKRAFT Ventures, Gaingels, Lightspeed Venture Partners, Diana Colella, Alasdair Coull, QBN Capital, Susquehanna Private Equity Investments | Announced |
| May 6, 2021 | $5M Venture Round | BITKRAFT Ventures | Craig Kallman, Marc Merrill, Build Ventures, HBSE Ventures, NTT DOCOMO Ventures | Announced |
| May 1, 2021 | $5M Seed | BITKRAFT Ventures | 1UP Ventures, Gaingels, Lightspeed Venture Partners, Build Ventures, Craig Kallman, HBSE Ventures, Marc Merrill, NTT DOCOMO Ventures | Announced |
Arcturus Technologies, Inc., based in Leesburg, Virginia, develops Applicare, a next-generation AIOps platform providing full-stack observability, AI-driven automation, and security solutions for complex application environments.[2][4] It serves global 2000 companies, automating repetitive tasks, tuning environments, self-detecting issues, and enhancing customer experiences through machine learning-powered monitoring of client interactions, root cause analysis, and proactive fixes.[2][4] The platform addresses IT observability challenges in areas like application performance, infrastructure, databases, logs, and user behavior, enabling seamless operations without additional agents.[4]
This small company (under 25 employees, revenue under $5 million) focuses on AI-based anomaly detection, generative AI insights, and self-healing technologies like IntelliTrace, IntelliSense, and IntelliTune, positioning it in the growing AIOps market.[2][4] Note: Multiple entities share similar names, including Arcturus Technology LTD (UK-based IT consultancy in healthcare, finance, and manufacturing, founded 2017)[1][5] and Arcturus Therapeutics (mRNA biotech, not a general technology firm)[3]; this profile centers on the Virginia-based software observability leader matching the query's tech focus.[2][4]
Arcturus Technologies operates from Leesburg, Virginia, with headquarters at 673 Potomac Station Dr NE and contact (703) 822-4582; specific founding year and founders are not detailed in available records, but it aligns with software firms in AIOps targeting enterprise needs.[2] The company's emergence ties to the demand for AI-enhanced observability in complex, multi-cloud environments, where traditional monitoring falls short for global enterprises managing vast application stacks.[2][4]
Early traction likely stems from developing Applicare as a comprehensive platform for full-spectrum monitoring, evolving from basic performance tools to autonomous AI capabilities like predictive tuning and self-healing, as evidenced by its focus on global 2000 clients facing migration deadlines and efficiency challenges.[2][4] Growth metrics show employee expansion (specific rates masked but tracked yearly), reflecting momentum in a niche where AI automation prevents downtime and optimizes resources.[2]
Arcturus Technologies rides the AIOps wave, addressing the explosion of cloud-native apps, microservices, and hybrid infrastructures where manual monitoring fails amid rising downtime costs (often millions in fines).[2][4] Timing aligns with post-2020 AI adoption surges, as enterprises demand predictive analytics over reactive tools amid talent shortages and cyber threats.[4]
Market forces like generative AI integration and zero-trust security favor it, enabling self-optimizing systems in a $20B+ observability market growing 30% annually. It influences the ecosystem by democratizing advanced AIOps for non-experts, reducing vendor lock-in through vendor-agnostic integrations, and pushing competitors toward AI autonomy.[2][4]
Arcturus is poised to scale Applicare amid AIOps consolidation, potentially expanding to edge computing and multimodal AI for real-time global ops. Trends like agentic AI and sustainable IT will shape it, amplifying influence via partnerships or acquisitions by hyperscalers seeking observability edges.[2][4]
As AI evolves from detection to orchestration, Arcturus could redefine enterprise resilience, turning IT complexity into competitive advantage—much like how it simplifies observability today for a world of endless data streams.
Arcturus has raised $23.3M in total across 4 funding rounds.
Arcturus's investors include LDV Capital, Myelin VC, Vanderbilt University, Cloudtree Ventures, 1Up Ventures, BITKRAFT Ventures, Gaingels, Lightspeed Venture Partners, Diana Colella, Alasdair Coull, QBN Capital, Susquehanna Private Equity Investments.