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
*********
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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
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Net Profit
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EBITDA
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $12.1M
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First Round
First Round
(01 Jul 2007)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2007 | Amount | Series A - Riptide Software | Valuation |
investors |
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| 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 Riptide Software
Riptide Software has secured backing from 1 investor. Prominent investors backing the company include Phoenix Defense. 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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Engineering services and aerospace manufacturing are provided by Phoenix Defense.
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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 Riptide Software
| 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 - Riptide Software
| 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 |
Riptide Software Comparisons
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. 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 |
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| domain | founded_year | HQ Location |
Mixed reality headsets are manufactured for enterprises and defence sectors.
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| domain | founded_year | HQ Location |
Developer of security solutions to detect vulnerabilities in IoT devices
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| domain | founded_year | HQ Location |
3D real-time visual simulations for training are developed.
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| domain | founded_year | HQ Location |
Simulation training and research solutions are provided by FAAC.
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| domain | founded_year | HQ Location |
Provides software and services for simulations in defence, aerospace, and other industries.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Riptide Software
Frequently Asked Questions about Riptide Software
When was Riptide Software founded?
Riptide Software was founded in 1995 and raised its 1st funding round 12 years after it was founded.
Where is Riptide Software located?
Riptide Software is headquartered in Orlando, United States. It is registered at Orlando, Florida, United States.
Is Riptide Software a funded company?
Riptide Software is a funded company, having raised a total of $12.1M across 1 funding round to date. The company's 1st funding round was a Series A of $12.1M, raised on Jul 01, 2007.
How many employees does Riptide Software have?
As of Dec 31, 2022, the latest employee count at Riptide Software is 149.
What does Riptide Software do?
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.
Who are the top competitors of Riptide Software?
Riptide Software's top competitors include AjnaLens, Aechelon Technology and VirTra.
What products or services does Riptide Software offer?
Riptide Software offers Engineering Services and Aerospace Manufacturing.
Who are Riptide Software's investors?
Riptide Software has 1 investor. Key investors include Phoenix Defense.
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