RigNet Overview

  • Year Founded
  • 2000

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 658

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $318M

  • Investors
  • 1

RigNet General Information

Description

Provider of integrated digital transformation services catering to oil and gas, maritime and government. The company offers managed comms, communications infrastructure, technical support, cybersecurity, encryption, internet of things, applications, machine learning analytics and systems integration using cybersecurity and machine learning analytics, thereby enabling clients profitable revenue growth with real-time operational intelligence, minimizing the operational impact of critical events and leverage previous investments.

Contact Information

Website
www.rig.net
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 15115 Park Row
  • Suite 300
  • Houston, TX 77084
  • United States
+1 (281)
Primary Industry
IT Consulting and Outsourcing
Other Industries
Business/Productivity Software
Other Communications and Networking
Systems and Information Management
Parent Company
ViaSat
Vertical(s)
Artificial Intelligence & Machine Learning, TMT
Corporate Office
  • 15115 Park Row
  • Suite 300
  • Houston, TX 77084
  • United States
+1 (281)

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RigNet Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Merger/Acquisition 30-Apr-2021 $318M Completed Generating Revenue
8. Debt - PPP 01-May-2020 Completed Profitable
7. Secondary Transaction - Private 23-Sep-2013 Completed Profitable
6. Secondary Transaction - Open Market 01-Jan-2013 Completed Profitable
5. IPO 15-Dec-2010 Completed Profitable
4. Secondary Transaction - Private 16-Jul-2008 Completed Generating Revenue
3. Later Stage VC (Series C) 05-Jul-2005 Completed Generating Revenue
2. Early Stage VC (Series B) 15-Jul-2004 $3.75M $3.75M Completed Startup
1. Early Stage VC (Series A) 26-Oct-2001 Completed Startup
To view RigNet’s complete valuation and funding history, request access »

RigNet Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of integrated digital transformation services catering to oil and gas, maritime and government. The company off
IT Consulting and Outsourcing
Houston, TX
658 As of 2020

Waltham, MA
 

Palo Alto, CA
 
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RigNet Competitors (15)

One of RigNet’s 15 competitors is Netcracker Technology, a Corporate Backed or Acquired company based in Waltham, MA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Netcracker Technology Corporate Backed or Acquired Waltham, MA
VMware Formerly VC-backed Palo Alto, CA
Extreme Networks Formerly VC-backed Morrisville, NC
Juniper Networks Formerly VC-backed Sunnyvale, CA
Ciena Formerly VC-backed Hanover, MD
You’re viewing 5 of 15 competitors. Get the full list »

RigNet Patents

  • 2

    Total Documents Applications and Grants

  • Total Patents Families

  • 2

    Granted

  • Pending

  • Expiring in next 12 mo

RigNet Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-D672553-S1 Satellite enclosure Active 24-Mar-2011
US-D657759-S1 Electronics enclosure Active 02-Mar-2011

RigNet 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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RigNet Former Investors (7)

Investor Name Investor Type Holding Investor Since Participating Rounds
Altira Group Venture Capital Minority
Edelman Financial Engines PE-Backed Company Minority
Escalate Capital Partners Mezzanine Minority
HitecVision PE/Buyout Minority
Houston Ventures Venture Capital Minority
You’re viewing 5 of 7 investors. Get the full list »

RigNet Investments & Acquisitions (13)

RigNet’s most recent deal was a Merger/Acquisition with Automation Communications Engineering. The deal was made on 18-Apr-2018.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Automation Communications Engineering 18-Apr-2018 Merger/Acquisition Telecommunications Service Providers
SAFCON 18-Apr-2018 Merger/Acquisition Other Commercial Services
Intelie 23-Mar-2018 Merger/Acquisition Business/Productivity Software
Energy Satellite Services 28-Jul-2017 Merger/Acquisition Telecommunications Service Providers
Data Technology Solutions 24-Jul-2017 Merger/Acquisition Telecommunications Service Providers
You’re viewing 5 of 13 investments and acquisitions. Get the full list »

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RigNet ESG

Risk Overview

Risk Rating

Updated March, 13, 2020

20.35 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 13,035

Rank

Percentile

Software & Services

Industry

of 762

Rank

Percentile

Enterprise and Infrastructure Software

Subindustry

of 284

Rank

Percentile

To view RigNet’s complete esg history, request access »

Affiliates

Subsidiaries (2)

Name Industry Location Year Founded
Intelie Rio de Janeiro, Brazil 2008
Data Technology Solutions Breaux Bridge, LA

RigNet FAQs

  • When was RigNet founded?

    RigNet was founded in 2000.

  • Where is RigNet headquartered?

    RigNet is headquartered in Houston, TX.

  • What is the size of RigNet?

    RigNet has 658 total employees.

  • What industry is RigNet in?

    RigNet’s primary industry is IT Consulting and Outsourcing.

  • Is RigNet a private or public company?

    RigNet is a Private company.

  • What is the current valuation of RigNet?

    The current valuation of RigNet is .

  • What is RigNet’s current revenue?

    The current revenue for RigNet is .

  • How much funding has RigNet raised over time?

    RigNet has raised $69.8M.

  • Who are RigNet’s investors?

    Altira Group, Edelman Financial Engines, Escalate Capital Partners, HitecVision, and Houston Ventures are 5 of 7 investors who have invested in RigNet.

  • Who are RigNet’s competitors?

    Netcracker Technology, VMware, Extreme Networks, Juniper Networks, and Ciena are some of the 15 competitors of RigNet.

  • When was RigNet acquired?

    RigNet was acquired on 30-Apr-2021.

  • Who acquired RigNet?

    RigNet was acquired by ViaSat.

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