Rx Networks
Latest round
- Series B
Last raised
- Dec 2008
Total raised
- $4.8M
Investors
- 3
About Rx Networks
Rx Networks Inc.Founded in 2002 and headquartered in Vancouver, Canada, Rx Networks Inc. delivers high-precision location services through innovative solutions.85 million.io. TruePoint is a comprehensive suite of high-precision GNSS (Global Navigation Satellite System) solutions designed to deliver positioning accuracy ranging from sub-meter to centimeter levels, catering to various applications such as precision agriculture, UAVs, and last-mile asset tracking.io provides reliable real-time and predicted GNSS assistance data, serving critical applications, including emergency services like E911. The company has established a global presence, with services utilized by leading semiconductor vendors, device manufacturers, and network operators across North America, Europe, and Asia-Pacific.Rx Networks generates revenue through its subscription-based model, primarily focusing on B2B transactions with clients in the telecommunications and technology sectors.io, are offered under various pricing plans that reflect the level of service and accuracy required by clients. Subscribers benefit from access to high-availability GNSS reference data, which is essential for real-time positioning solutions. The transactions typically involve long-term partnerships with device manufacturers and infrastructure providers who integrate these GNSS services into their products.Looking ahead, Rx Networks plans to enhance its product lineup with new solutions aimed at improving GNSS accuracy and service reliability, with potential launches targeted for 2024. The company is also focusing on expanding into new markets, specifically targeting regions in Asia-Pacific and Europe by 2025.85 million will be allocated to support these product developments and market expansion initiatives.
Who invested in Rx Networks
3 investors across 2 rounds
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Questions about Rx Networks
Who invested in Rx Networks?
Rx Networks 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 Rx Networks raised?
Rx Networks has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Rx Networks last raise money?
Rx Networks's most recent round on record is a Series B, in Dec 2008.
What does Rx Networks do?
Rx Networks is a software company.
Where is Rx Networks headquartered?
Rx Networks is headquartered in Vancouver, Canada.
Which VCs invest in companies like Rx Networks?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Rx Networks's stage. Their profiles are linked below.
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