Radius Networks
2024 Revenue
$31.5M
Funding
$23.4M
YOY
589.9%
Team
57
Founded
2011
How Radius Networks CEO Marc Wallace grew Radius Networks to $31.5M revenue with a 57 person team in 2024.
Developer of mobile proximity beacon services designed to generate customer traffic analytics. The company's services leverages the wireless signals of mobile devices, such as Wi-Fi, Bluetooth and GPS, to detect when visitors are in close proximity to important points-of-interest and use this information to provide a better understanding of customer shopping patterns, enabling developers, major retailers, restaurant chains, sports complexes and other brick-and-mortar operators to generate customer traffic analytics and drive innovative customer engagements.
Last updated
Radius Networks Revenue
In 2024, Radius Networks's revenue reached $31.5M. The company previously reported $6.7M in 2024. Since its launch in 2011, Radius Networks has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Radius Networks Hit $31.5m revenue in November 2024Source |
| 2024 | Radius Networks Hit $6.7m revenue in October 2024 |
| 2023 | Radius Networks Hit $4.6m revenue in December 2023 |
| 2021 | Radius Networks Hit $3.9m revenue in April 2021 |
| 2011 | Launched with $0 revenue |
Radius Networks Valuation, Funding Rounds
Radius Networks has not publicly disclosed its valuation. The company has raised $23.4M in total funding to date.
Radius Networks has raised $23.4M in total funding across 4 rounds, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2019 | Funding round | $15M | - | - |
| 2015 | Funding round | $6.5M | - | - |
| 2014 | Funding round | $750K | - | - |
| 2014 | Funding round | $1.1M | - | - |
Radius Networks Employees & Team Size
Radius Networks employs approximately 57 people as of 2026, down from 64 in 2023.
Radius Networks has 57 total employees in different roles and functions and 6 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 57 employees (December 2024) |
| 2024 | Reached 64 employees (October 2024) |
| 2023 | Reached 64 employees (December 2023) |
| 2022 | Reached 56 employees (December 2022) |
| 2021 | Reached 65 employees (December 2021) |
| 2021 | Reached 60 employees (April 2021) |
Founder / CEO
Marc Wallace
Marc is a serial entrepreneur. Most recently, he co-founded and is the CEO of Radius Networks, Inc., located in Washington, DC.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Radius Networks yet.
Frequently Asked Questions about Radius Networks
What is Radius Networks's revenue?
Radius Networks generates $31.5M in revenue.
Who founded Radius Networks?
Radius Networks was founded by Marc Wallace.
Who is the CEO of Radius Networks?
The CEO of Radius Networks is Marc Wallace.
How much funding does Radius Networks have?
Radius Networks raised $23.4M.
How many employees does Radius Networks have?
Radius Networks has 57 employees.
Where is Radius Networks headquarters?
Radius Networks is headquartered in Washington, District Of Columbia, United States.
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Compare Radius Networks to the industry
Radius Networks operates across multiple industries. Browse revenue, funding, and growth data for Radius Networks in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .