Rigado is a company offering internet of things (IoT) cloud computing solutions for bluetooth applications that is headquartered in Portland, Oregon and was founded in 2010 by Ben Corrado and Justin Ringling. The company makes wireless hardware to help its clients build wireless devices such as bluetooth gateways and sensors, edge computing software, and device management systems.
On August 15, 2017 Rigado announced raising $3.3 million in seed funding from Rogue Venture Partners (lead investor), Oregon Venture Fund (lead investor), The R-Group, FusionX Ventures, Cascade Seed Fund, and Alliance of Angels. The company plans on using the seed funding to expand its operations in Europe and Asia, and also to expand its line of products.
On June 19, 2018 Rigado announced raising $15 million in series A funding from Madrona Venture Group (lead investor), Vanedge Capital, The R-Group, Rogue Venture Partners, Oregon Venture Fund, and FusionX Ventures. The company plans on using their series A funding to grow its commercial IoT technology products and services.
Michael Blanchard CPA/ABV