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The company primarily operates in the Application Software industry. Rigel Networks is headquartered in Newport Beach, CA.
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In 2024, Rigel Networks's revenue reached $26.7M. The company previously reported $30.8M in 2024. Since its launch in 2004, Rigel Networks has shown consistent revenue growth.
Rigel Networks is a bootstrapped SaaS startup. Founded in 2004, Rigel Networks has grown to $26.7M in revenue without raising any venture capital or outside funding.
As a self-funded SaaS company, Rigel Networks has built its business with no outside investment.
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Rigel Networks serves 150 customers.
Rigel Networks employs approximately 198 people as of 2026, down from 220 in 2023, including 6 sales reps that carry a quota. It serves 150 customers that rely on its solutions.
Rigel Networks generates $26.7M in revenue.
Rigel Networks was founded by Bhairav Patel.
The CEO of Rigel Networks is Bhairav Patel.
Rigel Networks is bootstrapped and has not raised outside funding.
Rigel Networks has 198 employees.
Rigel Networks is headquartered in Vadodara, Gujarat, India.
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
$26.7M
Customers
150
Funding
$0
Avg ACV
$178K
Team
198
Founded
2004
| Year | Milestone | Source |
|---|---|---|
| 2024 | Rigel Networks Hit $26.7m revenue in November 2024 | zoominfo.com |
| 2024 | Rigel Networks Hit $30.8m revenue in October 2024 | Estimated |
| 2023 | Rigel Networks Hit $20.8m revenue in December 2023 | Estimated |
| 2021 | Rigel Networks Hit $15.2m revenue in April 2021 | |
| 2004 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 198 employees (December 2024) | |
| 2024 | Reached 220 employees (October 2024) | |
| 2023 | Reached 220 employees (December 2023) | |
| 2022 | Reached 195 employees (December 2022) | |
| 2021 | Reached 193 employees (December 2021) | |
| 2021 | Reached 181 employees (April 2021) |
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