Tech Company Financing Transactions
RigNet Funding Round
RigNet, based in Houston, secured $6 million from Altira Group and The Edelman Financial Group.
Transaction Overview
Company Name
Announced On
6/30/2005
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Undisclosed
Investors
Altira Group (James Newell)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Publicly-held
Industry
Telecom
Mailing Address
15115 Park Row 300
Houston, TX 77084
USA
Houston, TX 77084
USA
Phone
Website
Email Address
Overview
RigNet, Inc. (NASDAQ: RNET) provides broadband, plug-and-play, voice and video networks exclusively to offshore rigs and remote locations of drilling and production operations.
Management Team
Title
Name
Email & Social
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We document every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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