What is iNet?
Founded in 2011, Infrastructure Networks (iNet) is dedicated to providing robust broadband wireless connectivity solutions tailored for upstream oil and gas operators operating in remote and challenging terrains. The company has significantly expanded its network infrastructure, now spanning over 130,000 miles across key shale basins such as the Permian, Bakken, Eagle Ford, and Scoop/Stack. iNet's objective is to deliver unparalleled reliability, availability, and throughput, bringing data center-grade performance to industries operating far from traditional network hubs. Their services are increasingly being adopted by a diverse range of remote industries, highlighting the versatility and critical need for their specialized connectivity.
How much funding has iNet raised?
iNet has raised a total of $22.6M across 5 funding rounds:
Private Equity
$10.6M
Debt
$462K
Private Equity
$3.3M
Private Equity
$3.8M
Debt
$4.5M
Private Equity (2013): $10.6M, investors not publicly disclosed
Debt (2014): $462K led by Texas Ventures and Altira Group
Private Equity (2015): $3.3M, investors not publicly disclosed
Private Equity (2016): $3.8M, investors not publicly disclosed
Debt (2017): $4.5M, investors not publicly disclosed
Key Investors in iNet
Texas Ventures
Texas Ventures is a private equity and venture capital firm specializing in structured finance, capital markets, and technology. The firm invests in various technology sectors including Communications, FinTech, Software, Healthcare & Life Sciences, Specialty Finance, and Energy Transition & Renewables.
Altira Group
Altira Group LLC is a venture capital firm that specializes in funding energy technology products and services. The company partners with innovative entrepreneurs to drive advancements in the energy sector, leveraging a vast network of industry leaders.
What's next for iNet?
With a substantial history of securing both private equity and debt financing, iNet is well-positioned for continued expansion and technological advancement. The company's focus on critical infrastructure for remote operations suggests a strategic direction towards enhancing its network capabilities and potentially broadening its service offerings to other industries requiring high-availability connectivity in challenging environments. Future investment is likely to target network densification, service innovation, and further geographic reach, solidifying iNet's role as a vital connectivity provider in underserved markets.
See full iNet company page
