Oculus Inc. (OVTZ) is a Canadian development-stage technology company focused on data privacy, data protection, and cybersecurity software for enterprise customers. The company is headquartered in Vancouver, British Columbia, and targets revenue through SaaS subscription licensing of its three core platforms: Forget-Me-Yes (FMY), the ComplyTrust SaaS Suite (CTSS), and Cloud-DPS. As of the 10-K filed 2026-03-20, Oculus has not established a commercial revenue base and has incurred significant operating losses and negative cash flow since inception. The company disclosed it requires approximately $3,000,000 to $5,000,000 in external financing in 2026 to fund research, development, and marketing, with no financing arrangements in place. Products address compliance with GDPR, CCPA, LGPD, PIPL, and related data subject rights regulations. Oculus was originally founded by image processing experts and competes, if it achieves scale, against established vendors including Palo Alto Networks, CrowdStrike, CyberArk, Okta, Varonis, Qualys, and Check Point Software Technologies.

Revenue model

SaaS subscription licensing is the stated pricing model, applied to Forget-Me-Yes (FMY) and the ComplyTrust SaaS Suite (CTSS). Cloud-DPS previously operated under a subscription licensing model but as of the 10-K filed 2026-03-20 functions as a stand-alone platform following an engineering review. The company disclosed no commercial revenue in the excerpts provided.

Products and services

Forget-Me-Yes (FMY): a SaaS platform addressing Right-to-be-Forgotten and Right-of-Erasure compliance under GDPR, LGPD, CCPA, and PIPL. ComplyTrust SaaS Suite (CTSS): initially designed for AWS Cloud Backup customers to support cloud-native compliance and operational efficiency, with planned expansion to Azure, Google, and other platforms. Cloud-DPS: a document authentication and protection technology using wavelet-based digital watermarking to embed security identifiers in documents and digital media, currently operating as a stand-alone platform as of the 10-K filed 2026-03-20.

Customers and end markets

Target customers are enterprise businesses requiring data privacy regulatory compliance. End markets cited include corporate contract management, IP protection, real estate, healthcare, law enforcement, aerospace, automotive, and engineering. The company had not disclosed a commercial customer base as of the 10-K filed 2026-03-20.

Value-chain role

Software vendor and SaaS platform provider sitting between cloud infrastructure providers (AWS, Azure, Google Cloud, Box, Dropbox, Google Drive) and enterprise compliance and data privacy officers. Oculus augments existing storage and collaboration platforms with document protection, tamper-proofing, and regulatory compliance workflows.

Geographic exposure

Headquartered in Vancouver, British Columbia, Canada. Products are designed for global deployment, targeting regulatory frameworks across the European Union (GDPR), Brazil (LGPD), California (CCPA), China (PIPL), and Colorado, among others.

Competitors

Palo Alto Networks, CrowdStrike, Check Point Software Technologies, Okta, CyberArk, Qualys, Varonis

Source: SEC 10-K, filed 2026-03-20

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