About Red Spider
Red Spider is a company based in Aberdeen (United Kingdom) founded in 2003 was acquired by Halliburton in January 2013. Red Spider has raised $11 million across 1 funding round from investors including Halliburton, Simmons Energy and Energy Ventures.
- Headquarter Aberdeen, United Kingdom
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website redspiders.com
- Acquired by Halliburton (Jan 2013)
- Total Equity Funding$11M (USD)
in 1 rounds
- Latest Funding Round$11M (USD), Series A
Mar 2010
- InvestorsHalliburton
& 2 more
- Acquired byHalliburton
(Jan 2013)
Funding Insights of Red Spider
Red Spider has successfully raised a total of $11M through 1 strategic funding round. The most recent funding activity was a Series A round of $11 million completed in March 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $11M
- Total Rounds 1
- Last Round Series A — $11M
- First Round $11M
(Mar 2010)
- Investors Count 2
All 1 funding rounds of Red Spider with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2010 | $11M | Series A | – | – |
3 investors in total: 3 institutional.
Investors in Red Spider
Red Spider has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Halliburton, Simmons Energy and Energy Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Energy Ventures is engaged in industrial automation solutions. | 1992 | energyventures.in | Delhi, India | |
Energy-focused global investment banking services are provided. | 1974 | simmonspjc.com | Houston, United States | |
Oilfield products and services are provided to the energy sector. | 1919 | halliburton.com | Houston, United States |
Investor details for Red Spider
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Red Spider
3 dated milestones of Red Spider across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Red Spider is founded.
- Funding First funding round of $11.0M.
- Exit Acquired by Halliburton.
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10 companies that operate in the same segment as Red Spider (Oil & Gas Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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Energy infrastructure services are provided by Kinder Morgan. | 1997 | United States | – | USD 16.81 B | 10,930 | |
Shell is recognized as a global energy and petrochemical company. | 1907 | London, England, United Kingdom | – | USD 262.93 B | 104,000 | |
Provider of natural gas & oil exploration and transportation services | 1922 | Buenos Aires, Argentina | – | – | – | |
Midstream services for oil and gas are provided. | 1996 | Dallas, Texas, United States | – | USD 85.54 B | 16,250 | |
Integrated petroleum services are provided worldwide by Oxy. | 1920 | Houston, Texas, United States | – | USD 21.56 B | 13,320 |
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Frequently Asked Questions about Red Spider
Red Spider was founded in 2003 and raised its 1st funding round 7 years after it was founded.
Red Spider is headquartered in Aberdeen, United Kingdom. It is registered at Aberdeen, Scotland, United Kingdom.
Red Spider is a funded company, having raised a total of $11M across 1 funding round to date. The company's 1st funding round was a Series A of $11M, raised on Mar 2010.
Red Spider was established in 2003 and is headquartered in Aberdeen City, Scotland. Operations within the oil and gas sector are centered on exploration and production services. Advanced technologies for well intervention and downhole tools are utilized to support upstream activities. The company serves clients across international markets, with a focus on enhancing recovery efficiency in mature fields. Geographic emphasis is placed on the North Sea region and beyond.
Red Spider has 3 investors. Key investors include Halliburton, Simmons Energy, and Energy Ventures.
Yes. Red Spider was acquired by Halliburton in January 2013.