RigNet provides remote communications services for the oil and gas industry in North America and internationally. It offers remote
RigNet, Inc. provides remote communications services for the oil and gas industry in North America and internationally. It offers remote communications services through a controlled and managed Internet protocol/multiprotocol label switching (IP/MPLS) global network, enabling drilling contractors, oil companies, and oilfield service companies to communicate. The company offers a communications package of voice, video, networking, and real-time data management to offshore and land-based remote locations. It primarily provides voice-over-Internet-protocol, data, and high-speed Internet access and other value-added services, such as real-time data management solutions, WiFi hotspots and Internet kiosks, video conferencing solutions, wireless intercoms, handheld radios, and telemedicine. The company also offers Secure Oil Information Link, a managed members-only communications network hub that enables collaborative partners, suppliers, and customers to transfer and share data. It serves the owners and operators of offshore drilling rigs and production facilities, land rigs, remote offices, and supply bases in approximately 30 countries, including the United States, Mexico, Qatar, Saudi Arabia, Singapore, and Australia. The company was founded in 2000 and is headquartered in Houston, Texas.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Aug 20, 2013 | Post-IPO Secondary | — | 1 | Kohlberg Kravis Roberts | — | Detail |
Investor Name | Lead Investor | Funding Round |
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Kohlberg Kravis Roberts | Yes | Post-IPO Secondary |