RapidScale Overview

  • Year Founded
  • 2008

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 100

Employees

  • Latest Deal Type
  • M&A

RapidScale General Information

Description

Provider of managed cloud services intended to offer personalized, reliable, innovative and secure cloud services. The company offers partially and completely managed services for IT infrastructure, disaster recovery, security, backup, identity and access management, monitoring as well as cloud migration, thereby helping organizations increase productivity, improve security, and empower remote workforces.

Contact Information

Website
www.rapidscale.net
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly Angel backed
Corporate Office
  • 301 Hillsborough Street
  • Suite 1300
  • Raleigh, NC 27603
  • United States
Primary Industry
IT Consulting and Outsourcing
Other Industries
Systems and Information Management
Parent Company
Cox Communications
Vertical(s)
TMT
Corporate Office
  • 301 Hillsborough Street
  • Suite 1300
  • Raleigh, NC 27603
  • United States

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RapidScale Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 09-Aug-2018 Completed Generating Revenue
4. Debt - General 14-Nov-2017 Completed Generating Revenue
3. Angel (individual) 14-Mar-2016 Completed Generating Revenue
2. Angel (individual) Completed Generating Revenue
1. Angel (individual) 28-May-2015 Completed Generating Revenue
To view RapidScale’s complete valuation and funding history, request access »

RapidScale Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of managed cloud services intended to offer personalized, reliable, innovative and secure cloud services. The c
IT Consulting and Outsourcing
Raleigh, NC
100 As of 2022

Mercer Island, WA
 

Chesterfield, MO
 
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RapidScale Competitors (77)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Cascadeo Formerly VC-backed Mercer Island, WA
InterVision Systems Private Equity-Backed Chesterfield, MO
Coretelligent Private Equity-Backed Needham, MA
mindSHIFT Technologies Corporate Backed or Acquired Waltham, MA
Opti9 Technologies Private Equity-Backed Garden City, NY
You’re viewing 5 of 77 competitors. Get the full list »

RapidScale Executive Team (10)

Name Title Board Seat
Duane Barnes President
Claudette Leblanc Chief Operations Officer
Bryan Krieger Chief Technology Officer
Zane West Chief Information Security Officer
Sean Wisdom Chief Marketing Officer
You’re viewing 5 of 10 executive team members. Get the full list »

RapidScale Board Members (1)

Name Representing Role Since
J.Sherman Henderson III Self Board Member
To view RapidScale’s complete board members history, request access »

RapidScale Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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RapidScale Former Investors (7)

Investor Name Investor Type Holding Investor Since Participating Rounds
Chris Palermo Angel (individual) Minority
D. Scott Luttrell Angel (individual) Minority
Drew Graham Angel (individual) Minority
James Patterson Angel (individual) Minority
Kevin Costello Angel (individual) Minority
You’re viewing 5 of 7 investors. Get the full list »

RapidScale Acquisitions (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Logicworks 31-Jan-2023 Systems and Information Management
Vonage (Hosted Infra Business) 31-May-2017 Merger/Acquisition IT Consulting and Outsourcing
To view RapidScale’s complete acquisitions history, request access »

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RapidScale Subsidiaries (1)

Company Name Industry Location Founded
Logicworks Systems and Information Management New York, NY
To view RapidScale’s complete subsidiaries history, request access »

RapidScale FAQs

  • When was RapidScale founded?

    RapidScale was founded in 2008.

  • Who is the founder of RapidScale?

    Randy Jeter and William Hiatt III are the founders of RapidScale.

  • Where is RapidScale headquartered?

    RapidScale is headquartered in Raleigh, NC.

  • What is the size of RapidScale?

    RapidScale has 100 total employees.

  • What industry is RapidScale in?

    RapidScale’s primary industry is IT Consulting and Outsourcing.

  • Is RapidScale a private or public company?

    RapidScale is a Private company.

  • What is RapidScale’s current revenue?

    The current revenue for RapidScale is .

  • Who are RapidScale’s investors?

    Chris Palermo, D. Scott Luttrell, Drew Graham, James Patterson, and Kevin Costello are 5 of 7 investors who have invested in RapidScale.

  • Who are RapidScale’s competitors?

    Cascadeo, InterVision Systems, Coretelligent, mindSHIFT Technologies, and Opti9 Technologies are some of the 77 competitors of RapidScale.

  • When was RapidScale acquired?

    RapidScale was acquired on 09-Aug-2018.

  • Who acquired RapidScale?

    RapidScale was acquired by Cox Communications.

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