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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
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.
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 | - | - | |
| 2015 | Funding round | $6.5M | - | - | |
| 2014 | Funding round |
CEO
Marc is a serial entrepreneur. Most recently, he co-founded and is the CEO of Radius Networks, Inc., located in Washington, DC.
| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
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| Advice for 20 year old self | - |
We do not have customer count information for Radius Networks yet.
Radius Networks employs approximately 57 people as of 2026, down from 64 in 2023, including 6 sales reps that carry a quota.
Radius Networks generates $31.5M in revenue.
Radius Networks was founded by Marc Wallace.
The CEO of Radius Networks is Marc Wallace.
Radius Networks raised $23.4M across 4 rounds.
Radius Networks has 57 employees.
Radius Networks is headquartered in Washington, District Of Columbia, United States.
Radius Networks operates across multiple industries. Browse revenue, funding, and growth data for Radius Networks in each sector below.
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.
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2024 Revenue
$31.5M
Funding
$23.4M
Team
57
Founded
2011
| 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 | |
| 2011 | Launched with $0 revenue |
| $750K |
| - |
| - |
| 2014 | Funding round | $1.1M | - | - |
| Year | Milestone | Source |
|---|---|---|
| 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) |
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