Rigado is a technology company.
Rigado has raised $15.0M across 1 funding round.
Rigado has raised $15.0M in total across 1 funding round.
Rigado has raised $15.0M in total across 1 funding round.
Rigado's investors include 6th Man Ventures, DFJ, Founders Co-op, Hyde Park Venture Partners, Kleiner Perkins, KRM Interests LLC, Madrona Ventures, Maverick Capital, Menlo Ventures, MHS Capital, Mouro Capital, Necessary Ventures.
Rigado is a technology company specializing in enterprise IoT networks, delivering Edge as a Service platforms that connect sensors and devices to cloud applications via unified, managed networks.[1][2][3][6] It builds products like the Cascade platform—an integrated ARM-based gateway with Bluetooth, Zigbee, Wi-Fi, automated security updates, and a management dashboard—offered on a monthly subscription model, serving retail, hospitality, and logistics sectors with over 300 customers and 5 million connected devices worldwide.[1][2][6] Rigado solves the complexity of IoT infrastructure for consumer-facing businesses, enabling them to focus on revenue-generating applications like asset tracking, smart lighting, electronic shelf labels, and in-store monitoring without managing back-end networks.[1][2][3]
The company powers retail IoT transformations by leveraging existing Wi-Fi infrastructure or dedicated IoT gateways/access points, ensuring secure data delivery from non-IP devices to the cloud, with strong growth shown through partnerships like Microsoft Azure IoT and Wiliot for ambient IoT use cases.[3][5][7]
Rigado was founded in 2010 in Salem, Oregon, initially focusing on low-powered wireless products for consumer and wearables markets.[1][2] By 2015, it pivoted to commercial IoT as demand grew for applications like asset tracking, smart lighting, and monitoring in hotels and restaurants, recognizing businesses' need to outsource network management.[1] Key early insight from leadership, including Chief Revenue Officer Kevin Tate, drove the shift to a subscription-based "whole package" solution, culminating in the Cascade platform launch with previews in 2023 and general availability in June.[1] This evolution built on real-world deployments, expanding from 11-50 employees to serving global enterprises with millions of devices.[1][2]
Rigado rides the enterprise ambient IoT wave, enabling scalable sensor networks in retail for real-time analytics on inventory, customer experience, and operations amid rising demands for efficiency in e-commerce and omnichannel retail.[2][3][5][6] Timing aligns with 5G-Advanced and edge computing maturation, where low-power wireless adoption surged post-2015, amplified by post-pandemic supply chain needs and partnerships like Wiliot for battery-free tags.[1][5] Market forces favoring Rigado include retailers' aversion to custom infrastructure and the shift to unified networks over siloed gateways, positioning it to influence ecosystems via Microsoft integration and flexible deployments that lower barriers for IoT in non-tech-core businesses.[3][7]
Rigado's trajectory points to expanded hybrid 4G LTE/5G options and deeper ambient IoT integrations, scaling beyond retail into smart buildings and logistics as edge AI and zero-trust security trends accelerate.[1][5] Evolving retailer needs for AI-driven insights will amplify its influence, potentially through more OEM partnerships on Wi-Fi APs, solidifying its role in cost-effective IoT transformations. This builds directly on its origin as a wireless innovator, now essential for enterprises prioritizing secure, subscription-based scaling.
Rigado has raised $15.0M across 1 funding round. Most recently, it raised $15.0M Series A in June 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2018 | $15.0M Series A | 6th Man Ventures, DFJ, Founders Co-op, Hyde Park Venture Partners, Kleiner Perkins, KRM Interests LLC, Madrona Ventures, Maverick Capital, Menlo Ventures, MHS Capital, Mouro Capital, Necessary Ventures, QED Investors, Scale Venture Partners, VanedgeCapital Partners, XStarPartners, Adam Marchick, Andy Rubin, George Hoyem, hugo angelmar, Rob Glaser, Rudy Gadre, Sri Batchu |