About redIT
redIT is a Technology company based in Santa Fe (United States) founded in 1996, and was acquired by KIO Networks in June 2014. Colocation and connectivity solutions are offered through Mexican data centers. redIT has raised $72 million across 1 funding round from investors including Digital Realty, Cartesian Capital Group and KIO Networks. Its website redit.com draws about 23 thousand monthly visits. Its focus areas include Enterprise Infrastructure, Data Center Infrastructure, Data Center Providers and Colocation. Its competitors include Equinix, DataBank and 365 Data Centers; 3 of its 3 listed competitors have raised funding.
Company details
redIT was founded in 1996 and is based in Santa Fe, United States. Operations center on the IT infrastructure sector, where three data centers in Mexico are owned and managed. Colocation and connectivity services are provided, along with hardware, software, applications, telecommunications, logical security, and managed IT infrastructure. These offerings support enterprise-level data needs across the region.
- Headquarters Santa Fe, United States
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website redit.com
- Social LinkedIn X Facebook
- Acquired by KIO Networks (Jun 2014)
- Total Equity Funding$72M (USD)
in 1 rounds
- Latest Funding Round$72M (USD), Private Equity Round
Aug 2013
- InvestorsDigital Realty
& 2 more
- Acquired byKIO Networks
(Jun 2014)
Funding Insights of redIT
redIT has successfully raised a total of $72M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $72 million completed in August 2013. 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 $72M
- Total Rounds 1
- Last Round Private Equity Round — $72M
- First Round $72M
(Aug 2013)
- Investors Count 2
All 1 funding rounds of redIT 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 |
|---|---|---|---|---|---|
| Aug 2013 | $72M | Private Equity Round | – | – |
3 investors in total: 3 institutional.
Investors in redIT
redIT has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Digital Realty, Cartesian Capital Group and KIO Networks.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are managed globally by the firm. | 2006 | cartesiangroup.com | New York, United States | |
Data center colocation and interconnection services are provided to enterprises. | 2004 | digitalrealty.com | San Francisco, United States | |
Cloud infrastructure and mission-critical IT services are provided internationally. | 2002 | kionetworks.com | San Diego, United States |
Investor details for redIT
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Timeline of redIT
3 dated milestones of redIT across 18 years, from founding to its latest funding, stage changes and deals.
- Founded redIT is founded.
- Funding First funding round of $72.0M.
- Exit Acquired by KIO Networks.
Competitors of redIT
redIT has 3 listed competitors in our database, 3 of them funded. They include Equinix, DataBank and 365 Data Centers.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| equinix.com | 1998 | Redwood, United States | $175M | 13,151 | Provider of colocation data center services | |
| databank.com | 2005 | Dallas, United States | $2.44B | 806 | Data center colocation solutions are offered by DataBank. | |
| 365datacenters.com | 2012 | Emeryville, United States | $16M | 128 | Data center colocation services are operated across 14 US locations. |
Detailed competitors of redIT
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- Full competitor set
- Operating metrics
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Web traffic of redIT
The website of redIT (redit.com) receives about 22.7K visits a month.
- Monthly visits22.7K
▲ 8.5% vs previous month
Websites whose visitors overlap most with redIT. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
reedit.com | reedit.com | 100% | #14,642,012 | – | |
| datacenterandcolocation.com | 40% | 1.3K | #11,385,539 | View details | |
datacenterknowledge.com | datacenterknowledge.com | 38% | #197,576 | – | |
| condenast.com | 37% | 2.1M | #30,895 | View details | |
| reddit.com | 31% | 4.4B | #9 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for redIT
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- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Big Data & Cloud Infrastructure
3 companies that operate in the same segment as redIT (Big Data & Cloud Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based database-as-a-service platform is provided for application development. | 2007 | New York, New York, United States | USD 311.32 M | USD 2.46 B | 8,070 | |
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 9,616 |
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Related news about Redit
Complete news archive for redIT
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Frequently Asked Questions about redIT
redIT was founded in 1996 and raised its 1st funding round 17 years after it was founded.
redIT is headquartered in Santa Fe, United States. It is registered at Santa Fe, New Mexico, United States.
redIT is a funded company, having raised a total of $72M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $72M, raised on Aug 2013.
redIT was founded in 1996 and is based in Santa Fe, United States. Operations center on the IT infrastructure sector, where three data centers in Mexico are owned and managed. Colocation and connectivity services are provided, along with hardware, software, applications, telecommunications, logical security, and managed IT infrastructure. These offerings support enterprise-level data needs across the region.
redIT's top competitors include Equinix, DataBank and 365 Data Centers.
redIT has 3 investors. Key investors include Digital Realty, Cartesian Capital Group, and KIO Networks.
Yes. redIT was acquired by KIO Networks in June 2014.