How Much Did BlueTide Raise?
Funding & Key Investors

BlueTide, a prominent player in the maritime communications sector, has successfully secured a significant capital injection, bringing its total funding to $350K. This latest financing round, which saw a recent investment of $350K, underscores the company's robust position in the global satellite broadband market. As a division of ESSI Corporation, BlueTide continues to leverage this financial backing to solidify its operational footprint across critical maritime regions, including the Gulf of Mexico, the North Sea, and Southeast Asia.

What is BlueTide?

BlueTide
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Headquartered in Broussard, Louisiana, BlueTide specializes in high-performance maritime VSAT communications, catering to both commercial and leisure maritime sectors. The company provides essential primary and back-up broadband satellite connectivity, ensuring seamless operations for vessels operating in remote and challenging environments. Beyond basic connectivity, BlueTide offers a suite of value-added services, such as advanced video surveillance, secure VPN solutions, commercial-grade voice services, and sophisticated mapping and monitoring tools. By maintaining a global service network, the firm acts as a critical infrastructure partner for international maritime logistics and offshore energy operations.

How much funding has BlueTide raised?

BlueTide has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in BlueTide

PPP

Public-Private Partnership

What's next for BlueTide?

With this late-stage capital infusion, BlueTide is well-positioned to accelerate its strategic expansion and enhance its technological infrastructure. The company is expected to focus on scaling its satellite service capacity to meet the rising demand for high-bandwidth data in the maritime industry. By integrating more advanced monitoring and security services, BlueTide aims to deepen its market penetration in key regions like Brazil and Africa. This strategic growth trajectory suggests a continued commitment to maintaining its competitive edge in the global maritime communications landscape, ensuring that its clients remain connected regardless of their geographic location.

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Frequently Asked Questions Regarding BlueTide Financial Insights

What are the most recent funding rounds that BlueTide has completed, and what were the funding rounds?
BlueTide has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding BlueTide has raised to date?
BlueTide has raised a total of $350K in funding to date.
How many funding rounds has BlueTide completed?
BlueTide has completed 1 funding rounds.
How much funding did BlueTide raise in its most recent funding round?
BlueTide raised $350K in its most recent funding round.
Who are the lead investors in BlueTide's latest funding round?
The lead investor in BlueTide's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in BlueTide's history?
The largest funding round in BlueTide's history was $350K.
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