About RigNet
RigNet is a company based in Houston (United States) founded in 2001 was acquired by ViaSat in December 2020. RigNet has raised $10 million across 3 funding rounds from investors including ViaSat, HitecVision and Houston Ventures. The company has 295 employees as of December 31, 2022. RigNet has completed 7 acquisitions, including Automation Communications Engineering Corporation, Cyphre and DTS. RigNet offers products and services including Managed Communications, IIoT and Apps, Cybersecurity and Encryption, and Data and AI Systems. RigNet operates in a competitive market with competitors including AspenTech, Aker Solutions, CSE Global, ComboCurve and SitePro, among others.
- Headquarter Houston, United States
- Employees 295 as on 31 Dec, 2022
- Stage Public
-
Sectors
Energy & Utilities
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Rignet, Inc.
-
Annual Revenue
$207.92 M (USD)-14as on Dec 31, 2020
-
Net Profit
-$45.53 M (USD)-142as on Dec 31, 2020
-
EBITDA
-$6.88 M (USD)-124as on Dec 31, 2020
-
Total Equity Funding
$10 M (USD)
in 3 rounds
-
Latest Funding Round
$6 M (USD), Series C
Jul 05, 2005
-
Investors
ViaSat
& 2 more
-
Employee Count
295
as on Dec 31, 2022
- Investments & Acquisitions
-
Acquired by
ViaSat
(Dec 21, 2020)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of RigNet
RigNet offers a comprehensive portfolio of products and services, including Managed Communications, IIoT and Apps, Cybersecurity and Encryption, and Data and AI Systems.
Provides secure and reliable communications for remote sites.
Enables data collection and analytics for industrial assets.
Offers protection against threats for operational data.
Delivers machine learning for real-time operational insights.
People of RigNet
Unlock access to complete
Leadership Team
5 people
Finance and Accounting
3 people
Legal and Compliance
2 people
Sales and Marketing
1 people
Human Resources and Administration
1 people
Software Development Team
1 people
Product Management Team
1 people
Operations Team
1 people
Unlock access to complete
Funding Insights of RigNet
RigNet has successfully raised a total of $10M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $6 million completed in July 2005. 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 RigNet
RigNet has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include ViaSat, HitecVision and Houston Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
HitecVision is focused on investments in the European energy sector.
|
Locked | Locked | Locked | |
|
-
|
Locked | Locked | Locked | |
|
Satellite-based communication services are provided to diverse business sectors.
|
Locked | Locked | Locked |
Investor details for RigNet
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by RigNet
RigNet has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Automation Communications Engineering Corporation, Cyphre and DTS.
Investment portfolio details for RigNet
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Encryption gateway based cloud data security and encrypted file sharing service
|
Locked | Locked | 2014 | Locked | |
|
Data analytics platform for energy industry is provided.
|
Locked | Locked | 2008 | Locked | |
|
Communication and information technology services are provided by DTS.
|
Locked | Locked | 2002 | Locked |
Complete acquisition details for RigNet
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - RigNet
Detailed financials for RigNet
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Rignet Comparisons
Peer comparison for RigNet
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of RigNet
RigNet 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 AspenTech, Aker Solutions, CSE Global, ComboCurve and SitePro, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
AI-based software for manufacturing process optimization is offered.
|
|
| Locked | Locked | Locked |
Diversified solutions for oil and gas operations are provided worldwide.
|
|
| Locked | Locked | Locked |
System integration and automation solutions are provided for industrial applications.
|
|
| Locked | Locked | Locked |
Cloud-based solutions for oil and gas operations are provided.
|
|
| Locked | Locked | Locked |
Provider of cloud-based software solutions for water and wastewater management
|
Detailed competitors of RigNet
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Rignet
Complete news archive for RigNet
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about RigNet
RigNet was founded in 2001 and raised its 1st funding round 1 year after it was founded.
RigNet is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
RigNet is a funded company, having raised a total of $10M across 3 funding rounds to date.
As of Dec 31, 2022, the latest employee count at RigNet is 295.
Annual revenue of RigNet is $207.92M as on Dec 31, 2020.
RigNet was founded in 2001 and is headquartered in Houston, United States. Managed remote communications, telecoms systems integration, and collaborative applications are offered by the company, with a focus on the oil and gas sector. Services target offshore and onshore drilling rigs, offshore production facilities, and energy maritime vessels, supporting operations in remote environments.
RigNet's top competitors include AspenTech, SitePro and CSE Global.
RigNet offers Managed Communications, IIoT and Apps, Cybersecurity and Encryption, and Data and AI Systems.
RigNet has made 7 acquisitions, including Automation Communications Engineering Corporation, Cyphre, and DTS.
RigNet has 3 investors. Key investors include ViaSat, HitecVision, and Houston Ventures.