
racksnetrevenue, valuation & funding
GermanyFounded 2017
Shut downracksnet revenue
racksnet's annual revenue was $592K in April 2021 (source not recorded). The company has since shut down.
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $592K | – |
– source not recorded
racksnet valuation
racksnet is privately held, so there is no racksnet stock to buy. Investors valued it at $5.6M in its August 2019 Series A.
racksnet funding rounds & investors
racksnet has raised $1M in one round: a Series A in August 2019.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| Aug 2019 | Series A | $1M | $5.6M |
| Total raised | $1M |
racksnet CEO, founders & employees
Nauman Basit founded racksnet in 2017 and led it as CEO. racksnet had 7 employees (April 2021).
- Nauman BasitFounder & CEO
Team mix (Apr 2021): 1 engineers, 1 in sales, 2 in marketing
racksnet FAQ
Is racksnet still in business?
No. racksnet has shut down.
What was racksnet's revenue?
racksnet's annual revenue was $592K in April 2021 (source not recorded).
How much funding has racksnet raised?
racksnet raised $1M in one funding round before it shut down: a Series A in August 2019.
How many employees does racksnet have?
racksnet had 7 employees in April 2021.
Who founded racksnet?
Nauman Basit founded racksnet in 2017.
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How this page is sourced
Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Feb 7, 2022Data disclaimerReport a correction