What is Addrex?
Addrex, Inc. operates as a global marketplace dedicated to the trading of unused IPv4 number blocks. The platform connects entities holding surplus IP address space with network operators actively seeking to acquire them. Addrex facilitates these transactions, ensuring a secure and legally compliant process for all parties involved. Crucially, the company maintains a neutral stance, neither purchasing nor reselling IP blocks itself, thereby avoiding direct competition with its clientele. Its services are designed to streamline the acquisition of essential IP numbers for network operators while simultaneously reducing administrative complexities for sellers.
How much funding has Addrex raised?
Addrex has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Addrex
PPP
Public-Private Partnership
What's next for Addrex?
With its substantial late-stage funding, Addrex is poised for significant growth and market penetration. The recent strategic investment signals strong confidence from its backers, likely enabling the company to scale its operations, enhance its marketplace technology, and potentially expand its service offerings to address the evolving needs of the digital infrastructure sector. This capital will be instrumental in solidifying Addrex's role as a key facilitator in the critical market for IP address allocation.
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