About CygNet Software
CygNet Software is a company based in San Luis Obispo (United States) founded in 1994 was acquired by Weatherford in May 2011.. CygNet Software operates in a competitive market with competitors including Gentrack, Pandell, KBC, Exebenus and TouGas Oilfield Solutions, among others.
- Headquarter San Luis Obispo, United States
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Sectors
Energy & Utilities
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Weatherford
(May 10, 2011)
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Funding Insights of CygNet Software
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CygNet Software
CygNet Software has secured backing from 1 investor. Prominent investors backing the company include Weatherford. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Oil field equipment and service provider
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CygNet Software
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CygNet Software
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cygnet Software Comparisons
Competitors of CygNet Software
CygNet Software operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gentrack, Pandell, KBC, Exebenus and TouGas Oilfield Solutions, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Smart billing and customer management solutions for energy, water and airport utilities
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| domain | founded_year | HQ Location |
SaaS solutions for oil and gas data management are offered.
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| domain | founded_year | HQ Location |
Provider of production planning and supply chain software solutions
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| domain | founded_year | HQ Location |
Oil-well operations are digitized via specialized software solutions.
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| domain | founded_year | HQ Location |
Chemistry-based solutions are developed for oil and gas applications.
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| domain | founded_year | HQ Location |
Offers nucleonic instrumentation and scanning for energy and petrochemical industries.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about CygNet Software
When was CygNet Software founded?
CygNet Software was founded in 1994.
Where is CygNet Software located?
CygNet Software is headquartered in San Luis Obispo, United States. It is registered at San Luis Obispo, California, United States.
What does CygNet Software do?
CygNet Software was founded in 1994 and is based in San Luis Obispo, United States. Software solutions are offered by the company to the oil and gas industry, where operational data is collected and managed for exploration and production firms. Additional software suites are provided to utilities for data management purposes. The company was acquired in 2011 by Weatherford International and has operated as its subsidiary since that time.
Who are the top competitors of CygNet Software?
Who are CygNet Software's investors?
CygNet Software has 1 investor. Key investors include Weatherford.