About Rocket Network
Rocket Network is a company based in San Francisco (United States) founded in 1994 was acquired by Avid Technology in April 2003.. Rocket Network has raised $34.6 million across 4 funding rounds from investors including Avid Technology, Cisco Investments and Impress Holdings. Rocket Network operates in a competitive market with competitors including Splice, BandLab, Soundtrap, Boombox and Vampr, among others.
- Headquarter San Francisco, United States
-
Sectors
Media & Entertainment
-
Phone
*********
-
Website
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$34.6 M (USD)
in 4 rounds
-
Latest Funding Round
-
Investors
Avid Technology
& 4 more
-
Employee Count
Employee Count
-
Acquired by
Avid Technology
(Apr 04, 2003)
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
Funding Insights of Rocket Network
Rocket Network has successfully raised a total of $34.6M across 4 strategic funding rounds. 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 4
- Last Round Last Round
-
First Round
First Round
(17 Mar 2000)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2001 | Amount | Series D - Rocket Network | Valuation |
investors |
|
| Jun, 2001 | Amount | Series D - Rocket Network | Valuation |
investors |
|
| May, 2001 | Amount | Series C - Rocket Network | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Rocket Network
Rocket Network has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Avid Technology, Cisco Investments and Impress Holdings. 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 |
|---|---|---|---|---|
|
Growth-stage companies are targeted for private equity investments.
|
Founded Year | Domain | Location | |
|
Private equity investments are backed by a single-family office firm.
|
Founded Year | Domain | Location | |
|
Technology investments and expertise in networking, cloud, and security services.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Rocket Network
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Rocket Network
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rocket Network Comparisons
Competitors of Rocket Network
Rocket Network 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 Splice, BandLab, Soundtrap, Boombox and Vampr, 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 |
Music creation and collaboration are enabled through an online platform.
|
|
| domain | founded_year | HQ Location |
A cloud-based platform enables music creation and user collaboration.
|
|
| domain | founded_year | HQ Location |
Music co-creation and sharing platform
|
|
| domain | founded_year | HQ Location |
Cloud-based music collaboration and file management solutions are provided.
|
|
| domain | founded_year | HQ Location |
Music collaboration is enabled via an app-based platform for users.
|
|
| domain | founded_year | HQ Location |
Online collaborative production company
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Rocket Network
When was Rocket Network founded?
Rocket Network was founded in 1994 and raised its 1st funding round 6 years after it was founded.
Where is Rocket Network located?
Rocket Network is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Rocket Network a funded company?
Rocket Network is a funded company, having raised a total of $34.6M across 4 funding rounds to date. The company's 1st funding round was a Series C of $9.3M, raised on Mar 17, 2000.
What does Rocket Network do?
Rocket Network was founded in 1994 in San Francisco, United States, within the audio collaboration sector. An online platform is operated to facilitate music production among audio professionals. The Internet Recording Studio serves as a virtual workplace for project meetings and collaboration. Studio centers are provided to partners and resellers, allowing custom-branded studios to be offered to existing audio communities.
Who are the top competitors of Rocket Network?
Who are Rocket Network's investors?
Rocket Network has 5 investors. Key investors include Avid Technology, Cisco Investments, Impress Holdings, Weston Presidio, and Vulcan Capital.