We are excited and humbled to announce today that for the second year running, Rigado has made the Inc. 5000 list of the fastest-growing private companies in America. Ranked #965 due to a strong three-year growth rate, this kind of growth is only made possible with a team of dedicated, hard-working individuals who enjoy the creative challenge of helping partners and customers bring their Commercial IoT projects to life.
The Inc. 5000, a prestigious list of the nation’s most successful private companies, has become the hallmark of entrepreneurial success and the place where future household names first make their mark. We are excited to be amongst great company, as past winners include companies such as Microsoft, Dell, LinkedIn, Zillow, and many others.
Oregon’s 10th Fastest Growing
In addition to being named to the Inc. 5000, Rigado was recently named to the Portland Business Journal’s list of the fastest growing privately held companies in the region. Rigado is the 10th fastest growing company in the region based on its growth rate over the past three years.
Over the last 12 months we have benefited from our position at the intersection of two significant trends within IoT. First, the rapid adoption of Bluetooth for enterprise applications, and second, the growing prominence of edge computing. Both are driving significant market opportunities for us across IoT segments.
$15M in Recent Funding
These opportunities have not gone unnoticed and, when coupled with Rigado’s culture of technical curiosity and inventiveness, are what helped fuel the company’s recent $15M Series A Round of funding. This series, led by Madrona Venture Group with participation from Vanedge Capital, Rogue Ventures, FusionX Ventures and the Oregon Venture Fund, brings investment in Rigado to $20.2M.
The investment will be used to expand our engineering, sales and deployment teams to meet growing demand for Rigado solutions that provide edge connectivity, computing and end-to-end security. In fact, we are actively hiring and if a culture of innovation steeped in the challenges of both wireless hardware, edge computing, and application software within Commercial IoT are a fit for you, please check out our current openings.
On Stage with Satya Nadella
Saving some of the best news for last, we are excited to share that Rigado was recently featured in Microsoft CEO Satya Nadella’s keynote presentation at their Inspire conference. Watch Rigado in the keynote (our Cascade-500 Gateway makes its appearance at 1:08:32).
For more information on how our award-winning company can help yours securely navigate Commercial IoT, please contact us today.