RigNet Overview

  • Founded
  • 2000
Founded
  • Status
  • Acquired/​Merged
  • Employees
  • 650
Employees
  • Latest Deal Type
  • M&A
  • Latest Deal Amount
  • $318M
Latest Deal Amount

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
Other Communications and Networking
IT Consulting and Outsourcing
Parent Company
Primary 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 05-May-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 000.00 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
650 As of 2021
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00 0000000000 000 00000000000
Waltham, MA
0000 As of 0000
0000 0000-00-00
000000&0

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000000000000000000000 00000000
Palo Alto, CA
00000 As of 0000
00.000
000 0000-00-00
000000000-00 00.000
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RigNet Competitors (9)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Netcracker Technology Corporate Backed or Acquired Waltham, MA 0000 000000&0
000000 Formerly VC-backed Palo Alto, CA 00000 00.000 000000000-00 00.000
0000000 00000000 Formerly VC-backed Morrisville, NC 0000 00000 00000000 00000
000000000 Private Equity-Backed Houston, TX 0000 00000 00000000. 00
0000000 0000000000 Corporation Annapolis, MD 0000 00000 000000000 00000
You’re viewing 5 of 9 competitors. Get the full list »

RigNet Executive Team (22)

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
Erik Gomez Senior Director, Strategic Planning & Business Development
Egbert Clarke Senior Vice President, Global Operations
You’re viewing 5 of 22 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
Gail Smith RigNet Board Member 000 0000
Keith Olsen Self Board Member 000 0000
Kevin Mulloy Self Board Member & Chair of the Corporate Development Committee 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 %ile
-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 PE/Buyout Minority 000 0000 000000 0
Edelman Financial Services Asset Manager 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
0000000000 00 18-Apr-2018 0000000000 Telecommunications Service Providers 000000 00
000000 18-Apr-2018 0000000000 Other Commercial Products 000000 00
0000000 0000ç 23-Mar-2018 0000000000 000.00 Business/Productivity Software 000000 00
000000 000000 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 (3)

Company Name Industry Location Founded
Intelie Soluções em Informática Business/Productivity Software Rio de Janeiro, Brazil 2008
0000000000 0000000 Telecommunications Service Providers Lafayette, LA 0000
0000 0000000000 00 Telecommunications Service Providers Breaux Bridge, LA
To view RigNet’s complete subsidiaries history, request access »