Radius Networks
2024 Revenue
$31.5M
Funding
$23.4M
Team
57
Founded
2011
Radius Networks Revenue & Funding (2024)
Radius Networks generated $31.5M in revenue in 2024. Source: zoominfo.com
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 | Source |
|---|---|---|
| 2024 | Radius Networks Hit $31.5m revenue in November 2024 | zoominfo.com |
| 2024 | Radius Networks Hit $6.7m revenue in October 2024 | Estimated |
| 2023 | Radius Networks Hit $4.6m revenue in December 2023 | Estimated |
| 2021 | Radius Networks Hit $3.9m revenue in April 2021 | Not recorded |
| 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 | Source |
|---|---|---|---|---|---|
| 2019 | Funding round | $15M | - | - | Not recorded |
| 2015 | Funding round | $6.5M | - | - | Not recorded |
| 2014 | Funding round | $750K | - | - | Not recorded |
| 2014 | Funding round | $1.1M | - | - | Not recorded |
Founder / CEO
Marc Wallace
CEO
Marc is a serial entrepreneur. Most recently, he co-founded and is the CEO of Radius Networks, Inc., located in Washington, DC.
Customers
We do not have customer count information for Radius Networks yet.
Radius Networks Employees & Team Size
Radius Networks employs approximately 57 people as of 2026, down from 64 in 2023, including 6 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 57 employees (December 2024) | Not recorded |
| 2024 | Reached 64 employees (October 2024) | Not recorded |
| 2023 | Reached 64 employees (December 2023) | Not recorded |
| 2022 | Reached 56 employees (December 2022) | Not recorded |
| 2021 | Reached 65 employees (December 2021) | Not recorded |
| 2021 | Reached 60 employees (April 2021) | Not recorded |
Frequently Asked Questions about Radius Networks
What is Radius Networks's revenue?
As of 2024, Radius Networks generated $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 across 4 rounds.
How many employees does Radius Networks have?
As of 2024, Radius Networks had 57 employees.
Where is Radius Networks headquartered?
Radius Networks is headquartered in Washington, District Of Columbia, United States.
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.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
Claim this profilePeople Also Viewed
Garrison Technology
Developer of anti-malware products designed to revolutionize enterprise cyber-security. The...
Panopto
Developer of a video capture and management software designed to easily record video presentations...
Accedia JSC
Accedia is а professional IT services company, specializing in technology consulting, agile...
AxsMarine
Provider of cloud-based online maritime software. The company's software used in ship chartering...
CEQUENS
CEQUENS is a multi-award-winning omnichannel communication solutions provider. We are on a mission...
Fundraise Up
Fundraise Up is a technology company unlocking the world’s generosity potential by optimizing the...
