About Riptide Software
Riptide Software is a company based in Orlando (United States) founded in 1995 by Barry Clinger was acquired by Phoenix Logistics in November 2020. Riptide Software has raised $12.1 million across 1 funding round from investors including Phoenix Defense. The company has 149 employees as of December 31, 2022. Riptide Software offers products and services including Engineering Services and Aerospace Manufacturing. Riptide Software operates in a competitive market with competitors including AjnaLens, VirTra, Aechelon Technology, FAAC and Presagis, among others.
- Headquarter Orlando, United States
- Employees 149 as on 31 Dec, 2022
- Founders Barry Clinger
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Sectors
Aerospace, Defense & Maritime
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Riptide Software, Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$12.1 M (USD)
in 1 rounds
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Latest Funding Round
$12.1 M (USD), Series A
Jul 01, 2007
- Investors
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Employee Count
149
as on Dec 31, 2022
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Acquired by
Phoenix Logistics
(Nov 05, 2020)
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Products & Services of Riptide Software
Riptide Software offers a comprehensive portfolio of products and services, including Engineering Services and Aerospace Manufacturing.
Provides simulation, training, and IT support for defense customers.
Designs electronic cables and subassemblies for aircraft and satellites.
Funding Insights of Riptide Software
Riptide Software has successfully raised a total of $12.1M through 1 strategic funding round. The most recent funding activity was a Series A round of $12.1 million completed in July 2007. 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 Riptide Software
Riptide Software has secured backing from 1 investor. Prominent investors backing the company include Phoenix Defense.
| Investor | Description | Founded Year | Domain | Location |
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Engineering services and aerospace manufacturing are provided by Phoenix Defense.
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Investor details for Riptide Software
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Investments & Acquisitions by Riptide Software
Investment portfolio details for Riptide Software
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Financial Statements - Riptide Software
Detailed financials for Riptide Software
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Riptide Software Comparisons
Peer comparison for Riptide Software
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Competitors of Riptide Software
Riptide Software 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 AjnaLens, VirTra, Aechelon Technology, FAAC and Presagis, among others.
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Mixed reality headsets are manufactured for enterprises and defence sectors.
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Developer of security solutions to detect vulnerabilities in IoT devices
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3D real-time visual simulations for training are developed.
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Simulation training and research solutions are provided by FAAC.
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Provides software and services for simulations in defence, aerospace, and other industries.
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Detailed competitors of Riptide Software
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Latest news on Riptide Software
Complete news archive for Riptide Software
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Frequently Asked Questions about Riptide Software
Riptide Software was founded in 1995 and raised its 1st funding round 12 years after it was founded.
Riptide Software is headquartered in Orlando, United States. It is registered at Orlando, Florida, United States.
Riptide Software is a funded company, having raised a total of $12.1M across 1 funding round to date.
As of Dec 31, 2022, the latest employee count at Riptide Software is 149.
Riptide is an enterprise cloud-based learning platform provider. The company provides learning solutions for Defense and corporates. The company provides defense training modules such as Tracr Hardware, Titan, Elements, STS (Soldier Tracking System) for real-time situation awareness and exercise control, micro-learning, and more. The company provides simulation systems for the U.S. Army and USMC. Provides its Element module to corporates as an LMS for managing micro-learning courses and WayPoints for learning software through a virtual assistant. The company also provides digital solutions such as Axosoft which is a connector project management software with Salesforce analytics, reporting, and more for transparency in higher management, Reflection which is a backup data server for safeguarding Salesforce data, and more. Also provides technology consultant to the US Army, corporates, and others.
Riptide Software's top competitors include AjnaLens, Aechelon Technology and VirTra.
Riptide Software offers Engineering Services and Aerospace Manufacturing.
Riptide Software has 1 investor. Key investors include Phoenix Defense.