Redline’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

Redline Communications is a manufacturer of broadband wireless systems and applications. Read more

Redline Communications is a manufacturer of broadband wireless systems and applications. Read more

Stephen J Sorocky's photo - President & CEO of Redline

President & CEO

Stephen J Sorocky

CEO Approval Rating

78/100

Founded:

1999

Status:

PublicTMX Group - Toronto Stock ExchangeRDL

TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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Airspan is the top competitor of Redline. Airspan was founded in 1992, and its headquarters is in Boca Raton, Florida. Like Redline, Airspan also operates in the Telecommunication Services field. Airspan has 96 more employees than Redline.

Alvarion Technologies Ltd. is seen as one of Redline's top competitors. Alvarion Technologies Ltd. was founded in Herzliya, Tel Aviv District} in 2001. Like Redline, Alvarion Technologies Ltd. also works within the Telecommunication Services field. Compared to Redline, Alvarion Technologies Ltd. generates $26.8M more revenue.

RADWIN is Redline's #3 rival. RADWIN's headquarters is in Tel Aviv, Tel Aviv District, and was founded in 1997. Like Redline, RADWIN also operates in the Telecommunication Services sector. RADWIN generates 300% of Redline's revenue.

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Competitor - 1/1

Is Anterix a competitor of Redline?

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$23.1M

Redline's revenue is the ranked 13th among it's top 10 competitors. The top 10 competitors average 187.8M. Over the last two quarters, Redline's revenue has decreased by 63.1%. Specifically, in Q1 2020's revenue was $4.5M; in Q4 2019, it was $12.1M.

Acquisitions

No recent acquisitions found related to Redline

Redline Funding History

$10M$28M$43M$84M

Since Redline was founded in 1999, it has participated in 4 rounds of funding. In total Redline has raised $84.0M. Redline's last funding round was on Oct 2007 for a total of $41.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Oct 2007
$41M
-
Equity
Oct 2005
$15M

GF Private Equity Group, LLC

Equity
Jul 2004
$18M
Equity
Apr 2003
$10M

Total Funding: $84M

Since Redline was founded in 1999, it has participated in 4 rounds of funding. In total Redline has raised $84.0M. Redline's last funding round was on Oct 2007 for a total of $41.0M

Investments

No recent investments found related to Redline

Redline News

March 29, 2020Zolmax News

Redline Communications Group (RDL) to Release Earnings on Monday

Redline Communications Group (TSE:RDL) will be posting its quarterly earnings results after the marke... See more »
January 23, 2020Zolmax News

Redline Communications Group (TSE:RDL) Hits New 52-Week Low at $1.12

Redline Communications Group Inc (TSE:RDL) hit a new 52-week low on Tuesday . The company traded as l... See more »
February 25, 20194-traders

Reports 2018 Fourth Quarter Results and Year-End Conference Call Notice

(marketscreener.com) Redline Communications 2018 Fourth Quarter and Year-End Conference Call Notice T... See more »
November 14, 2018Zolmax News

Redline Communications Group (RDL) Posts Earnings Results

Redline Communications Group (TSE:RDL) issued its quarterly earnings results on Monday. The company r... See more »
October 16, 2018Cabling Installation & Maintenance

LTE push seen for private wireless, fixed wireless networks

As noted by Mike Dano of FierceWireless:Amid all the 5G hype, a wide range of vendors continue to loo... See more »

Redline Blogs

Redline Press Releases

April 6, 2017PR Newswire

Redline announces multi-million dollar project with Mohawk Networks for rural connectivity in Upstate New York

TORONTO, April 6, 2017 /PRNewswire/ - Redline Communications (www.rdlcom.com) Group Inc. (TSX: RDL), ... See more »
December 5, 2016Blackbird

First Responders Leverage Private LTE Network During Major Central Ohio Sporting Event

MARKHAM, ON, SAN MATEO, CA, SAN LUIS OBISPO, CA and ORLANDO, FL, Dec. 6, 2016 /PRNewswire/ - ESChat, ... See more »
November 3, 2016PressReleasePoint

Redline Communications Reports Q3 2016 Financial Results

TORONTO - November 2, 2016 - Redline Communications (www.rdlcom.com) Group Inc.read more... See more »
October 3, 2016PressReleasePoint

Redline Awarded $1.4M Contract for a Major Off-shore Oil and Gas Network

TORONTO - October 4, 2016 - Redline Communications (www.rdlcom.com) Group Inc.read more... See more »
July 25, 2016PressReleasePoint

Redline Communications Announces Enhanced Network Performance with Latest RDL-3000 Software Release

TORONTO - July 26, 2016 - Redline Communications (www.rdlcom.com) Group Inc.read more... See more »
May 6, 201624-7 Press Release Newswire

Jimmy Bakakis Recognized by Worldwide Branding for Excellence in Telecommunications

Jimmy Bakakis utilizes his relationship, partner channel and team building skills to manage the compa... See more »
April 10, 2016CNW Group Ltd

YPF Rolls out Phase 2 of Redline Wireless Network to Enable Digital Oilfield

TORONTO, April 11, 2016 /CNW/ - Redline Communications (www.rdlcom.com) Group Inc. (TSX: RDL) a leadi... See more »

Redline Videos

February 22, 2016Redline Communications Vimeo Channel

"Webinar: The Enterprise Wireless System for Business Access Services" on VIMEO

Cast: Redline Communications... See more »
February 4, 2016Redline Communications Vimeo Channel

"February 2016 MIMO Coffee Break with Redline" on VIMEO

Join us for a review of our MIMO white paper with Duval Yeager from Redline.Cast: Redline Communicati... See more »
November 13, 2015REDLINE COMMUNICATIONS VIMEO CHANNEL

"OilComm 2015 Interview" on VIMEO

Redline speaks to the importance of operational efficiency in the face of low oil prices.Cast: Redlin... See more »
August 18, 2014REDLINE COMMUNICATIONS YOUTUBE CHANNEL

"Redline RAS: Connect Anywhere in the Oilfield" on YOUTUBE

Redline RAS: Connect Anywhere in the OilfieldEstablishing a reliable, high-speed IP-connection in a r... See more »
March 12, 2014REDLINE COMMUNICATIONS VIMEO CHANNEL

"Redline Public Safety Overview" on VIMEO

Redline enables governments, police and first responders to quickly and efficiently respond to any si... See more »
March 12, 2014REDLINE COMMUNICATIONS VIMEO CHANNEL

"Redline Oil & Gas Overview" on VIMEO

Remote locations, challenging terrain, inhospitable climates -- overcome any obstacle with Redline wi... See more »
March 12, 2014REDLINE COMMUNICATIONS VIMEO CHANNEL

"Redline Digital Divide Overview" on VIMEO

Redline builds technology and brings infrastructure to give high speed internet access to rural schoo... See more »

Social Statistics

Headquarters

302 Town Centre Boulevard 4th Floor

Markham, OntarioL3R 0E8

905-479-8344

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Summary

ABOUT

Overview

Redline Communications is a manufacturer of broadband wireless systems and applications. Redline was founded in 1999. Redline's headquarters is located in Markham, Ontario, CA L3R 0E8. It has raised 84.0M in 4 rounds. The latest round was in Oct 2007....

CEO

Redline's President & CEO, Stephen J Sorocky, currently has an approval rating of 78%. Redline's primary competitors are Airspan, Alvarion Technologies Ltd. & RADWIN.

Website

rdlcom.com

Frequently Asked Questions about Redline

  1. When was Redline founded?

    Redline was founded in 1999
  2. Who is Redline's CEO?

    Redline's CEO is Stephen J Sorocky
  3. How much revenue does Redline generate?

    Redline generates $23.1M in revenue
  4. How much funding does Redline have?

    Redline has historically raised $84M in funding
  1. Where is Redline's headquarters?

    Redline's headquarters is in Markham Ontario, CA
  2. How many employees does Redline have?

    Redline has 111 employees
  3. What sector does Redline operate in?

    Redline is in Telecommunication Services
  4. Who are Redline's competitors?

    Redline's top competitors are Airspan, Alvarion Technologies Ltd., RADWIN