About Rx Networks
Rx Networks is a company based in Vancouver (Canada) founded in 2002 was acquired by Beijing BDStar Navigation in March 2017. Rx Networks has raised $6 million across 4 funding rounds from investors including VOXX International, Beijing BDStar Navigation and BC Discovery Fund. Rx Networks offers products and services including TruePoint, Precision Tailor, Location.io, and Custom Solutions. Rx Networks operates in a competitive market with competitors including NextNav, Humatics, Xona Space Systems, Topcon Positioning and Satelles, among others.
- Headquarter Vancouver, Canada
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Sectors
Industrial Goods & ManufacturingTechnology
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Phone
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Website
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Social
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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
$6 M (USD)
in 4 rounds
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Latest Funding Round
$794.35 K (USD), Series C
Aug 02, 2010
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Investors
VOXX International
& 4 more
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Employee Count
Not available
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Acquired by
Beijing BDStar Navigation
(Mar 30, 2017)
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Products & Services of Rx Networks
Rx Networks offers a comprehensive portfolio of products and services, including TruePoint, Precision Tailor, Location.io, and Custom Solutions.
Delivers high-precision corrections for positioning in diverse applications.
Customizes GNSS data for specific user requirements and accuracy needs.
Provides reliable GNSS assistance for real-time global positioning.
Offers tailored pipelines for unique positioning challenges and integration.
Funding Insights of Rx Networks
Rx Networks has successfully raised a total of $6M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $794.35 thousand completed in August 2010. 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 Rx Networks
Rx Networks has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include VOXX International, Beijing BDStar Navigation and BC Discovery Fund.
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Investments are focused on Canadian tech and energy companies.
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Investments in multiple sectors are directed by TELUS Ventures.
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Early stage VC firm investing in the US
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Investor details for Rx Networks
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Investments & Acquisitions by Rx Networks
Investment portfolio details for Rx Networks
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Financial Statements - Rx Networks
Detailed financials for Rx Networks
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Rx Networks Comparisons
Peer comparison for Rx Networks
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Competitors of Rx Networks
Rx Networks 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 NextNav, Humatics, Xona Space Systems, Topcon Positioning and Satelles, among others.
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Indoor positioning solutions for enterprises are provided.
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Control systems for collaborative robots in human environments are developed.
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Real-time positioning and navigation services via LEO satellites are delivered.
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Provides precision positioning systems for infrastructure and farming sectors.
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Satellite time and location solutions are provided for various industries.
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Inertial navigation systems are supplied for positioning and tracking solutions.
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Detailed competitors of Rx Networks
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Latest news on Rx Networks
Complete news archive for Rx Networks
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Frequently Asked Questions about Rx Networks
Rx Networks was founded in 2002 and raised its 1st funding round 5 years after it was founded.
Rx Networks is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Rx Networks is a funded company, having raised a total of $6M across 4 funding rounds to date.
Rx Networks was founded in 2002 in Vancouver, Canada, within the location technology sector. Solutions for tracking locations in devices are offered through integrated chips that utilize satellite, WiFi, or cellular signals. Performance enhancements are applied to these chips, resulting in faster and more precise detection. Both indoor and outdoor positioning are supported across various applications.
Rx Networks's top competitors include NextNav, Xona Space Systems and Humatics.
Rx Networks offers TruePoint, Precision Tailor, Location.io, and Custom Solutions.
Rx Networks has 5 investors. Key investors include VOXX International, Beijing BDStar Navigation, BC Discovery Fund, TELUS Ventures, and Discovery Capital.