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GridNetworks
Internet television provider, delivering internet video content for tvs and computers with no additional hardware
About GridNetworks
Grid Logix Inc., operating as Grid Networks, is a specialized firm focused on the design, implementation, and management of high-performance Wi-Fi and wired networks. The company was founded by Tobias Vlasblom, who serves as the Lead Network Architect. Vlasblom holds an engineering degree from the University of British Columbia and has been concentrating on Wi-Fi technologies since 2002 and wired IT networks since 1997. His background combines structural engineering with deep IT network experience, positioning him to architect solutions for complex and challenging environments.
Grid Networks operates as a dedicated Wi-Fi specialist, providing tailored connectivity solutions rather than general IT services. The firm serves a diverse client base that includes hotels, corporate offices, industrial sites, government institutions, educational facilities, and public spaces. The company's business model is project-based, beginning with a consultation to understand a client's organizational goals and connectivity requirements. Following this, the team designs a custom network solution, which is then presented and refined with the client before implementation. The service portfolio covers the entire lifecycle of a network deployment. This includes the initial network and system design, where specific equipment is matched to client needs, followed by the physical installation and integration of equipment with existing systems. Grid Networks also offers ongoing support and troubleshooting, ensuring the long-term optimal performance of the networks they install. One of their long-standing clients, the Onni Group, has been a partner for over a decade, highlighting the firm's ability to maintain lasting client relationships.
The company prides itself on tackling difficult connectivity challenges, such as providing reliable connections for IoT deployments, ensuring seamless global scaling for networks, and updating legacy systems. The process involves detailed site surveys, needs assessments, and the creation of a comprehensive network design. Implementation is handled by their team, which installs and configures the physical hardware, or they can manage a client's own installation team. Post-installation, they conduct thorough testing and adjustments to optimize performance. Their commitment extends to long-term support, maintaining detailed documentation to assist clients for years after the initial setup.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | May 2008 | $11M | $42M | Comcast | — |
| SERIES AOther financing | Oct 2007 | $9.5M | $38M | Cisco · Panorama Capital · Comcast | — |
Growth signals
Latest recorded traffic for GridNetworks is 30 monthly website visits. GridNetworks's team declined 33.3% over the past year.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
Panorama Capital
Cisco
Comcast
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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