When was Rx Networks founded?

Rx Networks was founded in 2002 and raised its 1st funding round 5 years after it was founded.

Where is Rx Networks located?

Rx Networks is headquartered in Vancouver, Canada.

Who is the current CEO of Rx Networks?

Guylain Roy MacHabee of Rx Networks.

How many employees does Rx Networks have?

As of Jul 31, 2026, the latest employee count at Rx Networks is 48.

Is Rx Networks a funded company?

Rx Networks is a funded company, having raised a total of $5.2M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on May 03, 2007.

When was the latest funding round of Rx Networks?

Rx Networks' latest funding was a $***** Series A round on Jul 21, 2010, with participation from 0 investor. Its primary sector is Geographic Information Systems. In Canada, the Geographic Information Systems sector has seen $24.5M in funding in 2026 to date.

Where does Rx Networks rank among its competitors?

Rx Networks ranks 13th amongst 961 active competitors, of which 61 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Aeron Systems, which secured $4.7M in Aug, 2026.

Who are the top competitors of Rx Networks?

Rx Networks' top competitors include TomTom, Xona Space Systems and Topcon Positioning. Among them, Aeron Systems secured the most recent funding round in August, 2026.

Rx Networks - 2026 Company Profile, Team, Funding & Competitors

Rx Networks is an acquired company based in Vancouver (Canada), founded in 2002 by Guylain Roy MacHabee. It operates as a Provider of solutions for location tracking. Rx Networks has raised $5.2M in funding from investors like BC Discovery Fund, VOXX International and TELUS Ventures. The company has 961 active competitors, including 61 funded and 44 that have exited. Its top competitors include companies like TomTom, Xona Space Systems and Topcon Positioning.

Company Details

Provider of solutions for location tracking. It provides users with location chips in any device that takes some time to detect the location with the help of satellite or wifi or cellular signals. It also provides a performance boost to these location chips thereby enabling faster and more accurate location detection and supporting indoor and outdoor location detection.

Website: rxnetworks.com
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Phone Number: +1 **********

Key Metrics

Founded Year

2002

Location

Vancouver, Canada

Stage

Acquired

Total Funding

$5.2M in 3 rounds

Latest Funding Round

Series A, Jul 21, 2010, $*****

Investors

BC Discovery Fund & 4 more

Ranked

13^th among 961 active competitors

Employee Count

48 as on Jul 31, 2026

Similar Companies

TomTom & 969 more

Exit Details

Acquired by Beijing BDStar Navigation (Mar 30, 2017)

View Rx Networks' full profile

Rx Networks got acquired by Beijing BDStar Navigation on Mar 30, 2017.

Click here to take a look at Rx Networks's acquisition in detail

Rx Networks has raised a total funding of $5.2M over 3 rounds. Its first funding round was on May 03, 2007. Rx Networks has 5 institutional investors.

Here is the list of recent funding rounds of Rx Networks:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 21, 2010	2513922	Series A	8174174	1321421	7041718	4505851
Dec 16, 2008	3456110	Series A	7969659	3278418	3934663	7243043
May 03, 2007	9653461	Series A	1520410	9428963	8216522	Discovery Capital

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View details of Rx Networks's funding rounds and investors

The founders of Rx Networks is Guylain Roy MacHabee.

Here are the details of Rx Networks' key team members:

Guylain Roy MacHabee: CEO & Co-Founder of Rx Networks.

View details of Rx Networks's Founder profiles and Board Members

Rx Networks' employee count trend

Rx Networks has 48 employees as of Jul 26. Here is Rx Networks's employee count trend over the years:

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Top competitors of Rx Networks include TomTom, Xona Space Systems and Topcon Positioning. Here is the list of Top 10 competitors of Rx Networks, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	TomTom 1991, Amsterdam (Netherlands), Public	Provider of maps, navigation software, traffic data, and location technology	-	Aimforthemoon, Artiman & 2 others	73/100
2nd	Xona Space Systems 2019, Burlingame (United States), Series C	Developer of positioning, navigation, and timing infrastructure for connected systems	$320M	Seraphim, Mohari Ventures Natural Capital ... & 37 others	66/100
3rd	Topcon Positioning 1932, United States, Unfunded	Manufacturer of precision positioning and construction equipment and related software	-	-	64/100
4th	Kinexon 2012, Munich (Germany), Series A	Provider of real-time location systems for industrial automation and operations	$130M	Thomas H Lee Partners, Wessel Management ... & 21 others	63/100
5th	Focal Point Positioning 2015, Cambridge (United Kingdom), Series C	Provider of AI-based software to increase the accuracy of GNSS in devices	$69.2M	Molten Ventures, Cambridge Angels & 25 others	62/100
6th	Aeron Systems 2008, Pune (India), Series A	Manufacturer of inertial navigation systems and industrial internet of things solutions	$5.98M	Bharat Forge, Riverwalk Holdings & 8 others	62/100
7th	What3words 2013, London (United Kingdom), Series C	Developer of a system assigning unique identifiers to small areas	$231M	Mercedes-Benz, Brand Capital International ... & 210 others	61/100
8th	NextNav 2008, Sunnyvale (United States), Public	Provider of an indoor positioning solution for enterprises	$284M	Fortress, Oak Investment Partners & 8 others	60/100
9th	Fixposition 2017, Schlieren (Switzerland), Seed	Provider of positioning services for multiple applications	$9.35M	True Ventures, Cultivation Capital & 12 others	59/100
10th	Qianxun 2015, Shanghai (China), Series B	Provider of satellite-based positioning system solutions	$141M	Industrial And Commercial Bank Of China, SIG ... & 5 others	57/100
13th	Rx Networks 2002, Vancouver (Canada), Acquired	Provider of solutions for location tracking	$5.2M	TELUS Ventures, Discovery Capital & 3 others	56/100