About 21Net
21Net is a company based in Boortmeerbeek (Belgium) founded in 2004 was acquired by Alstom in March 2018.. 21Net has raised $10.38 million across 2 funding rounds from investors including Alstom, Innovacom and BIP Capital Partners. 21Net offers products and services including Passenger WiFi, Real Time Reporting, Engage Portal, Remote Online Condition Monitoring, and Security-as-a-Service. 21Net operates in a competitive market with competitors including Calix, Actelis, ARRIS, Sercomm and Vindhya Telelinks, among others.
- Headquarter Boortmeerbeek, Belgium
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Sectors
Telecommunications
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Phone
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Website
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Social
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- Legal Name 21Net
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Products & Services of 21Net
21Net offers a comprehensive portfolio of products and services, including Passenger WiFi, Real Time Reporting, Engage Portal, Remote Online Condition Monitoring, and Security-as-a-Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Delivers high-speed internet access for rail passengers.
Provides insights for operations and maintenance in rail systems.
Offers access to media and journey information on trains.
Enables real-time diagnostics for rail fleet management.
Protects rail networks from cybersecurity threats.
Funding Insights of 21Net
21Net has successfully raised a total of $10.38M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $10 million completed in January 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series C — $10.0M
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First Round
First Round
(08 Oct 2008)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2011 | Amount | Series C - 21Net | Valuation | Innovacom | |
| Oct, 2008 | Amount | Series A - 21Net | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 21Net
21Net has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Alstom, Innovacom and BIP Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments are directed toward early-stage technology-led companies by Innovacom.
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Founded Year | Domain | Location | |
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BIP Capital Partners is focused on private equity investments.
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Founded Year | Domain | Location | |
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Venture capital investment and support for founders in technology and health sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 21Net
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 21Net
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
21Net Comparisons
Competitors of 21Net
21Net operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Calix, Actelis, ARRIS, Sercomm and Vindhya Telelinks, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Communication equipment and software solutions are provided for broadband access.
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| domain | founded_year | HQ Location |
Broadband access solutions are delivered via DSL and wireless backhaul.
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| domain | founded_year | HQ Location |
IP, video, and broadband solutions are supplied to cable operators.
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| domain | founded_year | HQ Location |
Broadband and wireless networking solutions are delivered for telecom needs.
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| domain | founded_year | HQ Location |
Copper and optical telecommunication cables are manufactured for various sectors.
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| domain | founded_year | HQ Location |
Ethernet, wireless backhaul, and access solutions for networks are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 21Net
When was 21Net founded?
21Net was founded in 2004 and raised its 1st funding round 4 years after it was founded.
Where is 21Net located?
21Net is headquartered in Boortmeerbeek, Belgium. It is registered at Boortmeerbeek, Flemish Brabant, Belgium.
Is 21Net a funded company?
21Net is a funded company, having raised a total of $10.38M across 2 funding rounds to date. The company's 1st funding round was a Series A of $384.63K, raised on Oct 08, 2008.
What does 21Net do?
21Net was founded in 2004 in Boortmeerbeek, Belgium, and operates within the railway connectivity sector. Onboard broadband, multimedia, and connectivity solutions are supplied to railway companies. Equipment including onboard cinemas, personal touch screens, Wi-Fi systems, rail-grade connectivity racks, components, and dual-system antennas is utilized. Available backhaul systems are integrated with connectivity and service offerings to support operations.
What products or services does 21Net offer?
21Net offers Passenger WiFi, Real Time Reporting, Engage Portal, Remote Online Condition Monitoring, and Security-as-a-Service.
Who are 21Net's investors?
21Net has 4 investors. Key investors include Alstom, Innovacom, BIP Capital Partners, and Octopus Ventures.
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