Lastwall Networks Inc.

Based in Canada, Lastwall offers cybersecurity solutions that enhance secure identity management for defense and government teams, ensuring mission readiness and operational integrity. Based in New Brunswick, Canada and founded in 2013, Lastwall Networks Inc. (fka Lastwall Corp. ), founded by Karl Holmqvist, provides identity security and authentication platforms (including zero‑trust and public key infrastructure-based solutions) for the cybersecurity industry.

In May 2026, Lastwall raised CAD 16 million in series A funding led by BDC Capital, with participation from New Brunswick Innovation Foundation, Elemental Impact, and Streamlined Ventures, and Frostbite Capital, Blue Bear Capital, 18 West Capital Partners, BlueWing Ventures. Other unspecified investors also participated in the round. Lastwall specializes in secure identity management solutions aimed at defense and government teams, focusing on operational integrity and mission readiness. Central to their offerings is IDCommand, a platform that integrates Zero Trust principles with Public Key Infrastructure (PKI) to create a robust defense against credential-based attacks and emerging quantum threats.

This comprehensive solution streamlines access and compliance, ensuring that only authorized personnel can access sensitive systems. Lastwall’s technology is compatible with existing login systems, cloud applications, and user directories, incorporating modern security features such as Passwordless Multi-Factor Authentication (MFA) and support for Common Access Cards (CAC) and Personal Identity Verification (PIV) cards. The company primarily serves clients in high-risk and high-value sectors, including government agencies and defense contractors across North America and Europe. Lastwall generates revenue through a subscription-based model for its IDCommand platform, catering primarily to business-to-business (B2B) transactions.

Clients typically enter into multi-year contracts that encompass ongoing support and updates, ensuring compliance with the latest security standards, including NIST SP 800-53 and 800-63 control sets. The revenue structure is centered around tiered pricing plans that allow clients to select features tailored to their specific needs, enabling flexibility as organizational requirements evolve. The company focuses on long-term partnerships with its government and defense clients, providing scalable security solutions that adapt to the changing threat landscape, while enhancing overall digital identity security. The company will use the May 2026 funding to expand and fortify the security frameworks guarding essential public services and critical infrastructure across North America.