What is RootMetrics?
Founded in 2008, RootMetrics has established itself as a leader in providing scientifically collected and crowdsourced data on mobile network performance. The company offers mobile applications and technical solutions designed to measure and analyze internet and telecom network quality. This empowers both consumers and industry professionals to make informed decisions regarding service providers. RootMetrics' expertise in mobile network analytics was recognized with its acquisition by IHS Inc. in 2015, and subsequently by Ookla in 2021, highlighting its value in the competitive telecommunications landscape.
How much funding has RootMetrics raised?
RootMetrics has raised a total of $5.7M across 4 funding rounds:
Private Equity
$729K
Private Equity
$3M
Private Equity
$893K
Private Equity
$1M
Private Equity (2009): $729K, investors not publicly disclosed
Private Equity (2009): $3M, investors not publicly disclosed
Private Equity (2010): $893K, investors not publicly disclosed
Private Equity (2011): $1M, investors not publicly disclosed
What's next for RootMetrics?
The recent major strategic investment signifies a pivotal moment for RootMetrics, indicating a strong belief in its ongoing mission to deliver unparalleled mobile network performance insights. This financing is anticipated to accelerate the company's growth trajectory, potentially enabling expansion into new markets, enhancement of its analytical capabilities, and further development of its technology platforms. The strategic nature of this backing suggests a focus on leveraging RootMetrics' data for broader industry applications and competitive advantages.
See full RootMetrics company page
