RIFT (IT Consulting and Outsourcing) Overview
- Year Founded
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2013
- Status
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Acquired/Merged
- Employees
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36
- Latest Deal Type
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M&A
- Latest Deal Amount
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$500K
RIFT (IT Consulting and Outsourcing) General Information
Description
Developer of a network virtualization platform designed to turn physical networks into cloud software. The company's platform changes the economics and velocity of network services into cloud software by deploying virtual network functions on standard, low cost, commodity off-the-shelf (COTS) servers and switches, enabling internet-based businesses to grow and combine it with the scalability, security and operational simplicity demanded by cloud-scale network services on data center architecture.
Contact Information
Website
www.riftio.comCorporate Office
- 119 Drum Hill Road
- Suite 382
- Chelmsford, MA 01824
- United States
Corporate Office
- 119 Drum Hill Road
- Suite 382
- Chelmsford, MA 01824
- United States
RIFT (IT Consulting and Outsourcing) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Merger/Acquisition | 03-Mar-2021 | $500K | Completed | Generating Revenue | ||
| 3. Early Stage VC (Series B) | 07-Apr-2017 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 13-Aug-2015 | $16M | $26M | Completed | Startup | |
| 1. Early Stage VC (Series A) | 19-Dec-2013 | $10M | $10M | Completed | Startup |
RIFT (IT Consulting and Outsourcing) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A |
RIFT (IT Consulting and Outsourcing) Comparisons
Industry
Financing
Details
RIFT (IT Consulting and Outsourcing) Competitors (81)
One of RIFT (IT Consulting and Outsourcing)’s 81 competitors is Exasol, a Formerly VC-backed company based in Nuremberg, Germany.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Exasol | Formerly VC-backed | Nuremberg, Germany | ||||
| VMware | Formerly VC-backed | Palo Alto, CA | ||||
| Joyent | Formerly VC-backed | Mountain View, CA | ||||
| Cloudify | Formerly VC-backed | Herzliya, Israel | ||||
| Versa Networks | Venture Capital-Backed | Santa Clara, CA |
RIFT (IT Consulting and Outsourcing) Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
RIFT (IT Consulting and Outsourcing) Patents
RIFT (IT Consulting and Outsourcing) Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20170126790-A1 | Hybrid virtual load balancer | Active | 29-Oct-2015 | ||
| US-9807157-B2 | Hybrid virtual load balancer | Active | 29-Oct-2015 | ||
| WO-2016033180-A1 | Distributed transaction subsystem | Inactive | 26-Aug-2014 | ||
| WO-2015069378-A1 | Hierarchical distribution of control information in a massively scalable network server | Inactive | 05-Nov-2013 | ||
| WO-2015069378-A8 | Hierarchical distribution of control information in a massively scalable network server | Inactive | 05-Nov-2013 | H04L41/042 |
RIFT (IT Consulting and Outsourcing) Signals
Growth Rate
Growth
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Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
RIFT (IT Consulting and Outsourcing) Former Investors (2)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Intel Capital | Corporate Venture Capital | Minority | ||
| North Bridge Venture Partners | Venture Capital | Minority |
RIFT (IT Consulting and Outsourcing) FAQs
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When was RIFT (IT Consulting and Outsourcing) founded?
RIFT (IT Consulting and Outsourcing) was founded in 2013.
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Where is RIFT (IT Consulting and Outsourcing) headquartered?
RIFT (IT Consulting and Outsourcing) is headquartered in Chelmsford, MA.
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What is the size of RIFT (IT Consulting and Outsourcing)?
RIFT (IT Consulting and Outsourcing) has 36 total employees.
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What industry is RIFT (IT Consulting and Outsourcing) in?
RIFT (IT Consulting and Outsourcing)’s primary industry is IT Consulting and Outsourcing.
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Is RIFT (IT Consulting and Outsourcing) a private or public company?
RIFT (IT Consulting and Outsourcing) is a Private company.
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What is the current valuation of RIFT (IT Consulting and Outsourcing)?
The current valuation of RIFT (IT Consulting and Outsourcing) is .
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What is RIFT (IT Consulting and Outsourcing)’s current revenue?
The current revenue for RIFT (IT Consulting and Outsourcing) is .
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How much funding has RIFT (IT Consulting and Outsourcing) raised over time?
RIFT (IT Consulting and Outsourcing) has raised $36M.
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Who are RIFT (IT Consulting and Outsourcing)’s investors?
Intel Capital and North Bridge Venture Partners have invested in RIFT (IT Consulting and Outsourcing).
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Who are RIFT (IT Consulting and Outsourcing)’s competitors?
Exasol, VMware, Joyent, Cloudify, and Versa Networks are some of the 81 competitors of RIFT (IT Consulting and Outsourcing).
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When was RIFT (IT Consulting and Outsourcing) acquired?
RIFT (IT Consulting and Outsourcing) was acquired on 03-Mar-2021.
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Who acquired RIFT (IT Consulting and Outsourcing)?
RIFT (IT Consulting and Outsourcing) was acquired by DASAN Zhone Solutions.
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