About Airspan
Airspan is a company based in Lod (Israel) founded in 1997 was acquired by Corning in January 2011. It operates as a Managed Services, and B2B2C. Airspan has raised $59.54 million across 7 funding rounds from investors including HarbourVest Partners, Corning and Apax Partners. Airspan offers products and services including Air-to-Ground Connectivity, Indoor Connectivity, and Outdoor Connectivity. Airspan operates in a competitive market with competitors including Abracon, Movandi, Gapwaves, Fractus and Blue Danube Systems, among others.
- Headquarter Lod, Israel
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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 Airspan Networks Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$59.54 M (USD)
in 7 rounds
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Latest Funding Round
$15 M (USD), Series F
Apr 12, 2010
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Investors
HarbourVest Partners
& 6 more
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Employee Count
Employee Count
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Acquired by
Corning
(Jan 31, 2011)
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Products & Services of Airspan
Airspan offers a comprehensive portfolio of products and services, including Air-to-Ground Connectivity, Indoor Connectivity, and Outdoor Connectivity. 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.
High-speed 5G connectivity is provided for aviation networks.
In-building wireless solutions are delivered using DAS technology.
Scalable 5G outdoor networks are built for reliability.
Funding Insights of Airspan
Airspan has successfully raised a total of $59.54M across 7 strategic funding rounds. The most recent funding activity was a Series F round of $15 million completed in April 2010. 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 7
- Last Round Series F — $15.0M
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First Round
First Round
(01 Jan 1997)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2010 | Amount | Series F - Airspan | Valuation | Viola Growth |
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| Dec, 2009 | Amount | Series E - Airspan | Valuation |
investors |
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| Jun, 2006 | Amount | Series E - Airspan | Valuation | Ziegler Meditech Equity Partners |
| 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 Airspan
Airspan has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include HarbourVest Partners, Corning and Apax 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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Tech startups are funded by Viola Growth venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital investments in tech and healthtech sectors through dedicated funds.
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Founded Year | Domain | Location | |
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Private market investment solutions are offered to institutional clients.
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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 Airspan
| 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 - Airspan
| 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 |
Airspan Comparisons
Competitors of Airspan
Airspan 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 Abracon, Movandi, Gapwaves, Fractus and Blue Danube Systems, 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 |
Electrical circuit components including timing and power solutions are manufactured.
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| domain | founded_year | HQ Location |
5G antenna solutions with integrated beamforming technology are developed.
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| domain | founded_year | HQ Location |
Developer of mm-wave antenna systems for automotive radar and 5G applications
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| domain | founded_year | HQ Location |
Antennas equipment provider
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| domain | founded_year | HQ Location |
Wireless antenna solutions to increase capacity
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| domain | founded_year | HQ Location |
Antennas are developed for wireless and RFID applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Airspan
When was Airspan founded?
Airspan was founded in 1997.
Where is Airspan located?
Airspan is headquartered in Lod, Israel. It is registered at Lod, Central District, Israel.
Who is the current CEO of Airspan?
Wendell P Weeks is the current CEO of Airspan.
Is Airspan a funded company?
Airspan is a funded company, having raised a total of $59.54M across 7 funding rounds to date. The company's 1st funding round was a Series E of $11M, raised on Jan 01, 1997.
What does Airspan do?
Wireless connectivity solutions are developed and deployed by Airspan Networks Inc. for diverse sectors including aviation, indoor, and outdoor environments. High-speed 5G networks are enabled through Air-to-Ground connectivity for aviation. In-building wireless solutions are offered using DAS and small cells technology. Scalable and reliable outdoor 5G networks are also provided. Open RAN technology is utilized to innovate and reduce costs. End-to-end services from development to deployment and support are ensured for global clients.
Who are the top competitors of Airspan?
What products or services does Airspan offer?
Airspan offers Air-to-Ground Connectivity, Indoor Connectivity, and Outdoor Connectivity.
Who are Airspan's investors?
Airspan has 7 investors. Key investors include HarbourVest Partners, Corning, Apax Partners, Viola Growth, and Pitango.
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