About Remote.It
Remote.It is a company based in Palo Alto (United States) founded in 2004.. Remote.It has raised $2.8 million across 3 funding rounds from investors including TMT Investments and Core Ventures Group. Remote.It operates in a competitive market with competitors including Astaro, Netscreen, Altor Networks, ThreatStop and HackHunter, among others.
- Headquarter Palo Alto, United States
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Sectors
Technology
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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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Total Equity Funding
$2.8 M (USD)
in 3 rounds
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Latest Funding Round
$2.3 M (USD), Seed
Oct 31, 2014
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Investors
TMT Investments
& 1 more
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Employee Count
Employee Count
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Funding Insights of Remote.It
Remote.It has successfully raised a total of $2.8M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.3 million completed in October 2014. 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 Total Funding
- Total Rounds 3
- Last Round Seed — $2.3M
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First Round
First Round
(14 Jun 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2014 | Amount | Seed - Remote.It | Valuation |
investors |
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| Jun, 2014 | Amount | Seed - Remote.It | Valuation |
investors |
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| Jun, 2014 | Amount | Seed - Remote.It | Valuation |
investors |
| 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 Remote.It
Remote.It has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include TMT Investments and Core Ventures Group. 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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Tech focused VC firm investing in seed stage startups in the US
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Founded Year | Domain | Location | |
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Early-stage tech startups are invested in by TMT Investments.
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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 Remote.It
| 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 - Remote.It
| 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 |
Remote.It Comparisons
Competitors of Remote.It
Remote.It 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 Astaro, Netscreen, Altor Networks, ThreatStop and HackHunter, 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 |
Network security products are developed and distributed worldwide.
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| domain | founded_year | HQ Location |
Security hardware and software for firewalls and VPNs were provided.
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| domain | founded_year | HQ Location |
Virtual firewall technology is deployed for data center security.
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| domain | founded_year | HQ Location |
Cloud based malware blocking policy delivery for network security
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| domain | founded_year | HQ Location |
Protection against hacking is offered by a portable firewall device.
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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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Latest news on Remote.It
Frequently Asked Questions about Remote.It
When was Remote.It founded?
Remote.It was founded in 2004 and raised its 1st funding round 10 years after it was founded.
Where is Remote.It located?
Remote.It is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is Remote.It a funded company?
Remote.It is a funded company, having raised a total of $2.8M across 3 funding rounds to date. The company's 1st funding round was a Seed of $250K, raised on Jun 14, 2014.
What does Remote.It do?
Remote.It was founded in 2004 in Palo Alto, United States, and operates in the cybersecurity sector. Secure access to devices and networks from remote locations is facilitated through the remote.it application, available for Android and iOS. Protocols including HTTP(S), SSH, VNC, RDP, Nx Witness, and TCP are supported to avoid exposure to external threats. Pricing is structured around monthly usage patterns.
Who are the top competitors of Remote.It?
Remote.It's top competitors include ThreatStop, Astaro and Netscreen.
Who are Remote.It's investors?
Remote.It has 2 investors. Key investors include TMT Investments, and Core Ventures Group.
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