Cavelo Newsroom

Stay updated with the latest company news and press releases

Cavelo Announces CAD$5M Seed Extension

July 29, 2025
Cavelo, an attack surface management provider, secured a CAD$5M seed extension led by Inovia Capital to accelerate product development, sales and marketing following its pivot to a 100% channel‑first model.

Cavelo Honored with XCellence Awards at XChange Security 2025

July 23, 2025
Cavelo Inc. won the ‘Boardroom Execution’ and ‘Best Newcomer’ XCellence Awards at XChange Security 2025, showcasing its leadership in attack surface management and security innovation.

Cavelo Launches Automated Configuration Management to Help MSSPs Support Security, Compliance, and Client Maturity

June 9, 2025
Cavelo’s new tool helps MSPs & MSSPs reduce cyber risk with automated config management, compliance-ready baselines, and low-friction remediation.

Cavelo Honoured as 2025 CIX Startup Award Winner in the Early Category

February 6, 2025
Cavelo, a leader in attack surface management, has been named a 2025 CIX Startup Award winner in the Early category. The recognition follows strong market growth and 2X annual revenue increase. Learn more about Cavelo’s achievement and upcoming CIX Summit presentation.

Coverage

IT World Canada
January 4, 2022

Looking into the future isn’t easy, but at this time of the year CISOs want to have at least an inkling of what’s coming. We’ve assembled a synopsis of the thinking of more than 40 cybersecurity-related companies to help provide a picture of what to expect, and it’s often not pretty. So brace yourself – it could be a rocky year.

While Cavelo’s CEO James Mignacca would not disclose the angel investors, he told BetaKit the angels that participated in this round also participated in his last company RootSecure, which exited via an acquisition in 2018. He noted that Mark Morin, CEO and founder of Auvik Networks, a known angel investor, joined Cavelo’s board following the funding.

Waterloo Region’s burgeoning cybersecurity cluster continues to grow with the launch of a new startup, Cavelo Inc., led by local veterans in the field.