About RLX Technologies
RLX Technologies is a company based in The Woodlands (United States) founded in 1999 by Christopher Hipp was acquired by HP in October 2005.. RLX Technologies has raised $79.5 million across 5 funding rounds from investors including IBM, HP and ABS Capital. RLX Technologies operates in a competitive market with competitors including Stackery, PrinterLogic, Virtual Iron Software, cPanel and Resonate, among others.
- Headquarter The Woodlands, United States
- Founders Christopher Hipp
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Sectors
Technology
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Phone
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Website
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Social
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Funding Insights of RLX Technologies
RLX Technologies has successfully raised a total of $79.5M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $12 million completed in May 2004. 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 5
- Last Round Series D — $12.0M
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First Round
First Round
(01 Jun 2000)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2004 | Amount | Series D - RLX Technologies | Valuation | ABS Capital , Austin Ventures | |
| Sep, 2003 | Amount | Series C - RLX Technologies | Valuation |
investors |
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| Aug, 2002 | Amount | Series B - RLX Technologies | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 RLX Technologies
RLX Technologies has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include IBM, HP and ABS Capital. 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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Founded Year | Domain | Location | |
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Venture capital investments in Texas-based companies.
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Founded Year | Domain | Location | |
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Advisory and investment support is provided to technology innovators.
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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 RLX Technologies
| 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 - RLX Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Rlx Technologies Comparisons
Competitors of RLX Technologies
RLX Technologies 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 Stackery, PrinterLogic, Virtual Iron Software, cPanel and Resonate, 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 |
A platform is offered for developers to build serverless applications.
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| domain | founded_year | HQ Location |
Enterprise printer management solutions for remote site printing are provided.
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| domain | founded_year | HQ Location |
Server virtualization and infrastructure management software is provided.
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| domain | founded_year | HQ Location |
Web hosting and server management platform provider
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| domain | founded_year | HQ Location |
Server load balancing and monitoring are facilitated by Resonate's platform.
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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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Frequently Asked Questions about RLX Technologies
When was RLX Technologies founded?
RLX Technologies was founded in 1999 and raised its 1st funding round 1 year after it was founded.
Where is RLX Technologies located?
RLX Technologies is headquartered in The Woodlands, United States. It is registered at The Woodlands, Texas, United States.
Who is the current CEO of RLX Technologies?
Christopher Hipp is the current CEO of RLX Technologies. They have also founded this company.
Is RLX Technologies a funded company?
RLX Technologies is a funded company, having raised a total of $79.5M across 5 funding rounds to date. The company's 1st funding round was a Series B of $15M, raised on Jun 01, 2000.
What does RLX Technologies do?
RLX Technologies was founded in 1999 in The Woodlands, United States, focusing on the software sector for IT infrastructure. Linux-based management suites are offered to handle blade servers, including Control Tower XT for server and storage deployment, ActivStat for automated status detection and reporting, and ActivConfig as a web-based interface for performance configuration and management. Acquisition by HP occurred in 2005.
Who are the top competitors of RLX Technologies?
RLX Technologies's top competitors include WebPros, ASPEED and Virtual Iron Software.
Who are RLX Technologies's investors?
RLX Technologies has 7 investors. Key investors include IBM, HP, ABS Capital, Austin Ventures, and Ignition Partners.
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