RigNet Overview

  • Year Founded
  • 2000

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 100

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $318M

RigNet General Information

Description

RigNet Inc operates as a technology company that provides customized communications services, applications, real-time machine learning, and cybersecurity solutions. It operates through the following segments: The Managed Communications Services segment provides remote communications, telephony, and technology services for offshore and onshore drilling rigs and production facilities, support vessels, and other remote sites; The Applications and Internet-of-Things segment focuses on the applications over-the-top of the Managed Services segment including Supervisory Control and Data Acquisition (SCADA) and Software as a Service (SaaS); The Systems Integration segment gives design and implementation services for customer telecommunications systems.

Contact Information

Website
www.rig.net
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Business/Productivity Software
Other Industries
IT Consulting and Outsourcing
Other Communications and Networking
Parent Company
Corporate Office
  • 15115 Park Row
  • Suite 300
  • Houston, TX 77084
  • United States
+1 (281) 000-0000

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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 000.00 00000 Completed Profitable
8. Debt - PPP 01-May-2020 00.00 000.00 Completed Profitable
7. Secondary Transaction - Private 23-Sep-2013 00000 000.00 00000 Completed Profitable
6. Secondary Transaction - Open Market 01-Jan-2013 000.00 Completed Profitable
5. IPO 15-Dec-2010 0000 000.00 00000 Completed Profitable
4. Secondary Transaction - Private 16-Jul-2008 00.00 Completed Generating Revenue
3. Later Stage VC (Series C) 05-Jul-2005 000 00.00 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
RigNet Inc operates as a technology company that provides customized communications services, applications, real-time ma
Business/Productivity Software
Houston, TX
100 As of 2022
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Morrisville, NC
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Waltham, MA
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RigNet Competitors (9)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Extreme Networks Formerly VC-backed Morrisville, NC 0000 00.000 000000000 00.000
Netcracker Technology Corporate Backed or Acquired Waltham, MA 0000 000000&0
Speedcast Private Equity-Backed Houston, TX 0000 00000 00000000. 00
Adtran Corporation Huntsville, AL 0000 00000000
Comtech Telecommunications Corporation Melville, NY 0000 00000 000000000 00000
You’re viewing 5 of 9 competitors. Get the full list »

RigNet Patents

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 Executive Team (21)

Name Title Board Seat Contact Info
Steven Pickett President, Chief Executive Officer & Board Member
Errol Olivier Chief Operating Officer & Senior Vice President
Brendan Sullivan Chief Information Officer & Chief Technology Officer, Technology
Egbert Clarke Senior Vice President, Global Operations & Supply Chain
Jackson Markley Vice President, Corporate Development
You’re viewing 5 of 21 executive team members. Get the full list »

RigNet Board Members (13)

Name Representing Role Since
Brent Whittington Self Board Member 000 0000
Ditlef de Vibe RigNet Board Member 000 0000
Keith Olsen Self Board Member 000 0000
Kevin O'Hara Self Board Member 000 0000
Mattia Caprioli Kohlberg Kravis Roberts Board Member 000 0000
You’re viewing 5 of 13 board members. Get the full list »

RigNet Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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RigNet Former Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Altira Group Venture Capital Minority 000 0000 000000 0
Cubera Private Equity Fund of Funds Minority 000 0000 000000 0
Edelman Financial Engines PE-Backed Company Minority 000 0000 000000 0
Escalate Capital Partners Mezzanine Minority 000 0000 000000 0
HitecVision PE/Buyout Minority 000 0000 000000 0
You’re viewing 5 of 8 investors. Get the full list »

RigNet Investments & Acquisitions (13)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Automation Communications Engineering 18-Apr-2018 0000000000 Telecommunications Service Providers 000000 00
SAFCON 18-Apr-2018 0000000000 Other Commercial Services 000000 00
Intelie 23-Mar-2018 0000000000 000.00 Business/Productivity Software 000000 00
Energy Satellite Services 28-Jul-2017 0000000000 000.00 Telecommunications Service Providers 000000 00
Data Technology Solutions 24-Jul-2017 Merger/Acquisition 00.00 Telecommunications Service Providers 000000 00
You’re viewing 5 of 13 investments and acquisitions. Get the full list »

RigNet Subsidiaries (2)

Company Name Industry Location Founded
Intelie Business/Productivity Software Rio de Janeiro, Brazil 2008
Data Technology Solutions Telecommunications Service Providers Breaux Bridge, LA
To view RigNet’s complete subsidiaries history, request access »

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