About RIFT.io
RIFT.io is a company based in Lowell (United States) founded in 2013 was acquired by DZS in March 2021. RIFT.io has raised $31.9 million across 3 funding rounds from investors including DZS Inc and North Bridge Venture Partners. The company has 38 employees as of April 04, 2024. RIFT.io operates in a competitive market with competitors including VMware, Mavenir, Ericsson, NEC and ZTE, among others.
- Headquarter Lowell, United States
- Employees 38 as on 04 Apr, 2024
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Sectors
TechnologyTelecommunications
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Dzs Solutions India Private Limited
- Date of Incorporation 09 Dec, 2014
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$1.37 M (USD)17.09as on Mar 31, 2022
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Net Profit
$148.18 K (USD)143.23as on Mar 31, 2022
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EBITDA
$365.36 K (USD)181.99as on Mar 31, 2022
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Total Equity Funding
$31.9 M (USD)
in 3 rounds
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Latest Funding Round
$16 M (USD), Series A
Aug 13, 2015
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Investors
DZS Inc.
& 1 more
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Employee Count
38
as on Apr 04, 2024
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Acquired by
DZS
(Mar 04, 2021)
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People of RIFT.io
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Funding Insights of RIFT.io
RIFT.io has successfully raised a total of $31.9M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $16 million completed in August 2015. 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.
Investors in RIFT.io
RIFT.io has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include DZS Inc and North Bridge Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
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US focused seed to growth stage VC firm
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Broadband internet services are provided for homes and businesses.
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Investor details for RIFT.io
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Investments & Acquisitions by RIFT.io
Investment portfolio details for RIFT.io
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Financial Statements - RIFT.io
Detailed financials for RIFT.io
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Rift.Io Comparisons
Peer comparison for RIFT.io
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Competitors of RIFT.io
RIFT.io 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 VMware, Mavenir, Ericsson, NEC and ZTE, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud orchestration solutions are provided for multi-cloud and device applications.
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Multi-access edge networking computing platform is provided for mobile services.
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Telecom equipment and software solutions are provided for networks.
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Cloud-based IT and networking solutions are provided globally.
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Enterprise SD WAN network management solutions are provided globally.
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Real-time operating systems and telecom protocols are provided for enterprises.
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Detailed competitors of RIFT.io
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Latest news on Rift.Io
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Frequently Asked Questions about RIFT.io
RIFT.io was founded in 2013.
RIFT.io is headquartered in Lowell, United States. It is registered at Lowell, Massachusetts, United States.
RIFT.io is a funded company, having raised a total of $31.9M across 3 funding rounds to date.
As of Apr 04, 2024, the latest employee count at RIFT.io is 38.
Annual revenue of RIFT.io is $1.37M as on Mar 31, 2022.
RIFT.io was founded in 2013 and is based in Lowell, United States. An open-source NFV platform is offered by the company within the telecommunications sector to support the development, deployment, and management of virtual network services, applications, and functions. Vendor lock-in is avoided via the open architecture, while scalability across diverse cloud-based network applications is enabled. Security, orchestration, and control frameworks are integrated into the RIFT.ware platform.
RIFT.io has 2 investors. Key investors include DZS Inc, and North Bridge Venture Partners.