# Redline Communications

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/redline-communications

- Industry: Telecoms
- Headquarters: Markham, Canada
- Website: www.rdlcom.com
- Total disclosed funding: $15M
- Latest round: Series D (Oct 5, 2005)
- Investors on record: 3

## About

Redline Communications Inc. specializes in providing innovative online gambling platforms, ensuring user safety and an enhanced experience for betting enthusiasts through curated and verified options.Founded in 1999, Redline Communications Inc. is headquartered in Markham, Canada. The company focuses on the online gambling sector, offering a suite of services designed to ensure the security of betting activities. Redline has been involved in 6 total deals, with its most recent funding round being a PIPE of USD 10.00 mn raised on October 25, 2007, marking a pivotal moment in its financing strategy. The company has consistently aimed to enhance its offerings in the online gambling space.Redline Communications Inc. specializes in providing a curated list of safe online gambling platforms, known as '?????,' which includes major sites for betting enthusiasts. The company's offerings ensure user safety and enhance the online gambling experience, addressing concerns related to fraudulent sites and unreliable operators. Their platforms are designed to create a reliable environment for sports betting and gaming, with a primary customer base of online gamblers seeking verified and safe options. The services target markets in South Korea and other regulated regions.The company generates revenue through a combination of partnerships and affiliate marketing with various online gambling platforms. By establishing relationships with these partners, Redline earns commissions based on user referrals and activity, typically structured around performance metrics such as player registrations and deposits. Their flagship services include curated safety listings and user guides that assist customers in navigating the online gambling sector, supporting a steady revenue stream aligned with user engagement.In the coming years, Redline Communications Inc. plans to launch new products aimed at enhancing user trust and security within online gambling. The company is also targeting expansion into additional markets beyond South Korea, with specific plans to identify and enter new regions by the end of 2024. The recent PIPE funding of USD 10.00 mn will support these initiatives, allowing the company to innovate and broaden its service offerings, thereby increasing its market presence.

## Funding rounds

- Series D, Oct 5, 2005, $15M — Matrix Partners, US Venture Partners, Southern Ute Indian Tribe Growth Fund

## Investors

- Matrix Partners (https://capitalatlas.ai/funds/matrix-partners) — Series D
- US Venture Partners (https://capitalatlas.ai/funds/us-venture-partners) — Series D
- Southern Ute Indian Tribe Growth Fund — Series D