About Rx Networks
Rx Networks is an Industrial Goods & Manufacturing company based in Vancouver (Canada) founded in 2002, and was acquired by Beijing BDStar Navigation in March 2017. Location tracking solutions are provided for devices using signal detection. It operates in the Industrial Goods & Manufacturing and Technology sectors. 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. Its focus areas include High Tech, Geographic Information Systems, Positioning & Navigation and Positioning.
Company details
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.
- Headquarters Vancouver, Canada
- Stage Acquired
- SectorsIndustrial Goods & ManufacturingTechnology
- Phone•••• ••••
- Website rxnetworks.com
- Social LinkedIn X
- Acquired by Beijing BDStar Navigation (Mar 2017)
- Total Equity Funding$6M (USD)
in 4 rounds
- Latest Funding Round$794.35K (USD), Series C
Aug 2010
- InvestorsVOXX International
& 4 more
- Acquired byBeijing BDStar Navigation
(Mar 2017)
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.
- Total Funding $6M
- Total Rounds 4
- Last Round Series C — $794,350
- First Round $3.3M
(May 2007)
- Investors Count 4
All 4 funding rounds of Rx Networks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2010 | $794,350 | Series C | – | – | – |
| Jul 2010 | $794,350 | Seed | – | – | – |
| Dec 2008 | $1.11M | Seed | – | BC Discovery Fund, VOXX International | – |
| May 2007 | $3.3M | Series A | – | – |
5 investors in total: 5 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are focused on Canadian tech and energy companies. | bcdiscoveryfund.com | Vancouver, Canada | ||
Investments in multiple sectors are directed by TELUS Ventures. | telus.com/ventures | Vancouver, Canada | ||
Early stage VC firm investing in the US | discoverycapital.com | Port Coquitlam, Canada | ||
Automotive and consumer electronics products are designed, manufactured, and marketed. | 1965 | voxxintl.com | Hauppauge, United States | |
Multiple industries are served through diversified operations by the conglomerate. | 2000 | navchina.com | Haidian, China |
Investor details for Rx Networks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Rx Networks
4 dated milestones of Rx Networks across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Rx Networks is founded.
- Funding First funding round of $3.3M.
- Funding Latest funding round, Series C, of $794K.
- Exit Acquired by Beijing BDStar Navigation.
Web traffic of Rx Networks
The website of Rx Networks (rxnetworks.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▼ 11.4% vs previous month
Websites whose visitors overlap most with Rx Networks. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| quuppa.com | 100% | 11.4K | #2,053,252 | View details | |
skyhookwireless.com | skyhookwireless.com | 94% | – | ||
| blinqnetworks.com | 59% | 5.7K | #3,434,838 | View details | |
| arieso.com | 57% | View details |
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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. The company's 1st funding round was a Series A of $3.3M, raised on May 2007.
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 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.
Yes. Rx Networks was acquired by Beijing BDStar Navigation in March 2017.