Accelerator Centre welcomes 23 startups into the new UN Sustainable Development Cohort of AC:Studio
By: The Accelerator Centre Selected startups will receive up to $100,000 in seed funding and work with the AC and…
The Biggest Waterloo Tech Success You’ve Never Heard of
Unless you’re looking for it, the tech company formerly known as Enflick is easy to miss.
Recently rebranded as TextNow, the mobile startup is tucked inside the Cora Building in the David Johnston Research + Technology Park on the University of Waterloo’s north campus, a modern glass-and-steel structure it shares with Agfa HealthCare, Watsec Cyber Risk Management, Cisco and a few others.
Low-key as the company has been since Derek Ting and Jon Lerner co-founded it as UW students in 2009, TextNow saw 50-fold revenue growth in its first five years, doubled its headcount to 75 in the past year and now counts 50 million users of its low-cost mobile phone service, a number that continues to surge with each passing month.
In other words, it’s one of the biggest Waterloo tech successes you’ve never heard of – for the moment anyway.
