Citymesh

Oostkamp, Belgium Founded: 2006 • Age: 20 yrs Acquired By Avento
Wireless internet services are operated in Belgium by Citymesh.

About Citymesh

Citymesh is a Telecommunications company based in Oostkamp (Belgium) founded in 2006, and was acquired by Avento in December 2020. Wireless internet services are operated in Belgium by Citymesh. The company has 62 employees. Citymesh has completed 5 acquisitions, including Avento, Drone Division and Edpnet. Its website citymesh.com draws about 27 thousand monthly visits. Its focus areas include Telecom, Telecom Operators, Broadband and Wireless. Its legal entity is CITYMESH INTEGRATOR.

Company details

Citymesh was founded in 2006 in Oostkamp, Belgium, within the telecommunications sector. Wireless internet services are delivered through a network infrastructure supporting broadband connectivity. Operations are centered on providing reliable access for businesses and public entities. Coverage extends across Belgian regions, with emphasis on urban and rural deployment. The company maintains a focus on scalable wireless solutions for data transmission needs.

  • Headquarters Oostkamp, Belgium
  • Employees 62
  • Stage Acquired
  • Sectors
    Telecommunications
  • Email
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  • Phone
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  • Website citymesh.com
  • Social LinkedIn X Facebook
  • Acquired by Avento (Dec 2020)
  • Legal Name Citymesh Integrator
Key Metrics
  • Annual Revenue
    $23.48 M (USD)
    13
    as on Dec 31, 2023
  • Net Profit
    -$1.74 M (USD)
    -7618
    as on Dec 31, 2023
  • EBITDA
    -$737.12 K (USD)
    -122
    as on Dec 31, 2023
  • Latest Funding Round
    $1.09M (USD), Grant

    Jan 2024

  • Investors
    Avento

    & 1 more

  • Employee Count
    62
  • Investments & Acquisitions
    Avento

    & 4 more

  • Acquired by
    Avento

    (Dec 2020)

Funding Insights of Citymesh

  • Total Rounds 2
  • Last Round Grant β€” $1.09M
  • First Round $3.18M

    (Feb 2023)

  • Investors Count 1

All 2 funding rounds of Citymesh with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2024$1.09MGrant––
Feb 2023$3.18MGrant––
Valuation history

2 investors in total: 2 institutional.

Investors in Citymesh

Citymesh has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Avento and European Union.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
IT solutions and services are provided across diverse industries.
1992cegeka.comMechelen, Belgium
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Investor details for Citymesh

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People of Citymesh

55 people are tracked at Citymesh (24 in leadership, 31 in team); the tracked headcount is 62.

NameRoleGroup
Mattis Persoons
Operations Director Safety DronesLeadership
Senne van Loon
CTO Advisory Radio & Program Management Private NetworkingLeadership
Wouter Linskens
Partner Sales ExpertLeadership
Ward van Ooteghem
Chief Strategy Officer (cso)Leadership
Paul Vancaeneghem
Sales DirectorLeadership
Robin Leblon
Chief Technology OfficerLeadership
Mitch De Geest
CEOLeadership
Joeri Tranchet
Chief Operating OfficerLeadership
Nicholas van Hoey Smith
Business Development Director Citymesh NederlandLeadership
Bart Verbrugghe
Business Operations DirectorLeadership
Sam Blancquaert
Operations DirectorLeadership
Freek Pauwels
Chief Commercial Officer (cco)Leadership
Maarten van Aerde
General Manager - Citymesh 0gLeadership
Sarah van Esch
Legal DirectorLeadership
Sylvie Debaere
General ManagerLeadership
Hans Similon
General Manager Citymesh Safety DroneLeadership
Jean-Marc Roelandt
CFOLeadership
Luc Vreys
Finance DirectorLeadership
Damien Bauffe
Sales Director EuropeLeadership
Peter Borgoo
Operations DirectorLeadership

35 more people are available in the full profile.

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Investments & Acquisitions by Citymesh

Citymesh has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Avento, Drone Division and Edpnet.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provider of stable temporary networks and camera surveillance for events and construction sites
towereye.beAntwerp, Belgium2010Jan 2024β€’β€’β€’β€’
Provider of fair-priced internet and mobile calling services for homes and businesses
edpnet.beSint Niklaas, Belgium1999Dec 2023β€’β€’β€’β€’
Drone-based inspections and data insights are delivered for industrial assets.
dronedivision.beWielsbeke, Belgium2017Jun 2023β€’β€’β€’β€’
Sigfox network operations are authorized and managed by Engie M2M.
engiem2m.beBrussels, Belgium2015Jun 2021β€’β€’β€’β€’
IT solutions and services are provided across diverse industries.
cegeka.comMechelen, Belgium1992Dec 2020β€’β€’β€’β€’
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Complete acquisition details for Citymesh

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Timeline of Citymesh

9 dated milestones of Citymesh across 18 years, from founding to its latest funding, stage changes and deals.

  1. Founded Citymesh is founded.
  2. Acquisition Acquires Avento.
  3. Exit Acquired by Avento.
  4. Acquisition Acquires Engie M2M.
  5. Funding First funding round of $3.2M.
  6. Acquisition Acquires Drone Division.
  7. Acquisition Acquires Edpnet.
  8. Funding Latest funding round, Grant, of $1.1M.
  9. Acquisition Acquires TowerEye.

Web traffic of Citymesh

The website of Citymesh (citymesh.com) receives about 26.8K visits a month.

  • Monthly visits
    26.8K

    ▲ 22.4% vs previous month

Similar websites

Websites whose visitors overlap most with Citymesh. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
msftconnecttest.com
msftconnecttest.com
100%
–
telenet.be
84%
10.7M#4,776View details
facebook.com
81%
12.1B#3View details
instagram.com
77%
7.1B#4View details
proximus.com
76%
88.5K#340,384View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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  • Audience overlap
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Related news about Citymesh

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Frequently Asked Questions about Citymesh

Citymesh was founded in 2006 and raised its 1st funding round 17 years after it was founded.

Citymesh is headquartered in Oostkamp, Belgium. It is registered at Oostkamp, West Flanders, Belgium.

Citymesh has 62 employees.

Annual revenue of Citymesh is $23.48M as on Dec 31, 2023.

Citymesh was founded in 2006 in Oostkamp, Belgium, within the telecommunications sector. Wireless internet services are delivered through a network infrastructure supporting broadband connectivity. Operations are centered on providing reliable access for businesses and public entities. Coverage extends across Belgian regions, with emphasis on urban and rural deployment. The company maintains a focus on scalable wireless solutions for data transmission needs.

Citymesh has made 5 acquisitions, including Avento, Drone Division, and Edpnet.

Citymesh has 2 investors. Key investors include Avento, and European Union.

Citymesh operates through Citymesh Integrator.

Yes. Citymesh was acquired by Avento in December 2020.

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