About RackForce
RackForce is a company based in Kelowna (Canada) founded in 2001 was acquired by TeraGo in March 2015.. RackForce operates in a competitive market with competitors including Frontiir Communications, Aepona, OpVista, Sheer Networks and Paradyn, among others.
- Headquarter Kelowna, Canada
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Sectors
Technology
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Phone
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Website
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Social
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Funding Insights of RackForce
| 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 RackForce
RackForce has secured backing from 1 investor. Prominent investors backing the company include TeraGo. 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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Internet, colocation, and cloud services are provided to Canadian businesses.
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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 RackForce
| 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 - RackForce
| 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 |
Rackforce Comparisons
Competitors of RackForce
RackForce 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 Frontiir Communications, Aepona, OpVista, Sheer Networks and Paradyn, 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 |
Internet connectivity and managed networking services are provided in Myanmar.
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| domain | founded_year | HQ Location |
Managed networking services are provided by Aepona to telecom clients.
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| domain | founded_year | HQ Location |
Optical carrier technology is developed for high-speed communications.
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| domain | founded_year | HQ Location |
Provider of network design and management services
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| domain | founded_year | HQ Location |
Managed connectivity and infrastructure services are provided in Ireland.
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| domain | founded_year | HQ Location |
Information and communication technology services are provided to various clients.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 RackForce
When was RackForce founded?
RackForce was founded in 2001.
Where is RackForce located?
RackForce is headquartered in Kelowna, Canada. It is registered at Kelowna, British Columbia, Canada.
What does RackForce do?
RackForce was founded in 2001 in Kelowna, Canada, within the information technology sector. Managed network services are offered, including infrastructure support and connectivity solutions. Operations are centered in Canada, with a focus on reliable data center management and cloud integration. Services encompass monitoring, security, and scalability for business networks, serving various industries from a primary base in Kelowna.
Who are the top competitors of RackForce?
RackForce's top competitors include Frontiir Communications, Net One Systems and Paradyn.
Who are RackForce's investors?
RackForce has 1 investor. Key investors include TeraGo.
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