Latest round

Series C

Last raised

Jun 2005

Total raised

$9.8M

Investors

3

About Rignet

Rignet, Inc.Founded in 2001 and headquartered in Houston, US, Rignet, Inc. specializes in managed communication services. The company was acquired by Viasat, Inc. in April 2021 from KKR, marking a significant transition in its operations. The CEO, Henry Akwukwaegbu, oversees the company's strategic direction.Rignet, now part of Viasat energy services, focuses on secure Industrial Internet of Things (IIoT) networks and the Intelie Live machine learning analytics platform, enabling clients to analyze real-time data from their distributed assets.50 mn.Following the acquisition by Viasat, Rignet plans to leverage its resources to enhance existing communication services and develop new products. The acquisition, valued at approximately USD 222 mn, is expected to facilitate entry into new geographic markets with an emphasis on expanding operations in Europe and Asia-Pacific by 2023.

Who invested in Rignet

3 investors across 2 rounds

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Funding rounds

  1. Series C

    Jun 20, 2005

    Amount

    $6M

    Investors

    Locked

  2. Series B

    Jul 15, 2004

    Amount

    $3.8M

    Investors

    Locked

Questions about Rignet

Who invested in Rignet?

Rignet has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Rignet raised?

Rignet has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Rignet last raise money?

Rignet's most recent round on record is a Series C, in Jun 2005.

What does Rignet do?

Rignet is a software company.

Where is Rignet headquartered?

Rignet is headquartered in Houston, US.

Which VCs invest in companies like Rignet?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Rignet's stage. Their profiles are linked below.

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