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2024 Revenue

$26.7M

Customers

150

Funding

$0

Avg ACV

$178K

Team

198

Founded

2004

Rigel Networks Revenue (2024)

The company primarily operates in the Application Software industry. Rigel Networks is headquartered in Newport Beach, CA.

Last updated

Rigel Networks Revenue

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 Revenue GrowthReported revenue / ARR over time$0$7.5M$15M$22.5M$30M$37.5M20042006200820102012201420162018202020222024$0$15.2M$26.7MSource: GetLatka.com
YearMilestoneSource
2024Rigel Networks Hit $26.7m revenue in November 2024zoominfo.com
2024Rigel Networks Hit $30.8m revenue in October 2024Estimated
2023Rigel Networks Hit $20.8m revenue in December 2023Estimated
2021Rigel Networks Hit $15.2m revenue in April 2021
2004Launched with $0 revenue

Rigel Networks Valuation, Funding Rounds

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.

Rigel Networks Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12004Source: GetLatka.com
YearRoundAmountValuation% SoldSource

Founder / CEO

Bhairav Patel

CEO

Bhairav Patel is listed as CEO at Rigel Networks.

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Customers

Rigel Networks serves 150 customers.

Rigel Networks Employees & Team Size

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 Team GrowthReported headcount over time0501001502002502004200620082010201220142016201820202022202400198198Source: GetLatka.com
YearMilestoneSource
2024Reached 198 employees (December 2024)
2024Reached 220 employees (October 2024)
2023Reached 220 employees (December 2023)
2022Reached 195 employees (December 2022)
2021Reached 193 employees (December 2021)
2021Reached 181 employees (April 2021)

Frequently Asked Questions about Rigel Networks

What is Rigel Networks's revenue?

Rigel Networks generates $26.7M in revenue.

Who founded Rigel Networks?

Rigel Networks was founded by Bhairav Patel.

Who is the CEO of Rigel Networks?

The CEO of Rigel Networks is Bhairav Patel.

How much funding does Rigel Networks have?

Rigel Networks is bootstrapped and has not raised outside funding.

How many employees does Rigel Networks have?

Rigel Networks has 198 employees.

Where is Rigel Networks headquarters?

Rigel Networks is headquartered in Vadodara, Gujarat, India.

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.

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