About ELTEC
ELTEC is a company based in Mainz (Germany) founded in 1978 was acquired by Westermo in March 2021.. The company has 32 employees as of December 31, 2021. ELTEC offers products and services including WI-FI Access Points, Routers and Gateways, Modular Computing Platform, and Data Loggers. ELTEC operates in a competitive market with competitors including Helium, WiFi, Boingo Wireless, TP-Link and iBUS, among others.
- Headquarter Mainz, Germany
- Employees 32 as on 31 Dec, 2021
-
Sectors
Telecommunications
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Eltec Elektronik Aktiengesellschaft
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of ELTEC
ELTEC offers a comprehensive portfolio of products and services, including WI-FI Access Points, Routers and Gateways, Modular Computing Platform, and Data Loggers. 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 wireless internet for passengers in vehicles.
Facilitates secure vehicle-to-ground communication.
Provides flexible platforms for transportation applications.
Enables data recording for predictive maintenance tasks.
Funding Insights of ELTEC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ELTEC
ELTEC has secured backing from 1 investor. Prominent investors backing the company include Westermo. 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 |
|---|---|---|---|---|
|
Industrial networking solutions are provided for mission-critical applications.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by ELTEC
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - ELTEC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Eltec Comparisons
Competitors of ELTEC
ELTEC 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 Helium, WiFi, Boingo Wireless, TP-Link and iBUS, 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 |
Cryptocurrency mining hardware is provided, connecting low-powered devices to gateways.
|
|
| domain | founded_year | HQ Location |
App for quickly connecting to wifi hotspots without a password
|
|
| domain | founded_year | HQ Location |
Wireless WiFi internet services are provided to users worldwide.
|
|
| domain | founded_year | HQ Location |
Networking devices and accessories are manufactured for various users.
|
|
| domain | founded_year | HQ Location |
Provider of digital infrastructure and connectivity solutions for businesses and institutions
|
|
| domain | founded_year | HQ Location |
Crowdsourced Wi-Fi hotspots are accessed via mobile app without passwords.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Eltec
Frequently Asked Questions about ELTEC
When was ELTEC founded?
ELTEC was founded in 1978.
Where is ELTEC located?
ELTEC is headquartered in Mainz, Germany. It is registered at Mainz, Rhineland-palatinate, Germany.
How many employees does ELTEC have?
As of Dec 31, 2021, the latest employee count at ELTEC is 32.
What does ELTEC do?
ELTEC was founded in 1978 and is headquartered in Mainz, Germany. Internet services, including connectivity and digital infrastructure, are offered within the telecommunications sector. Operations focus on broadband provision, network management, and related support for businesses and individuals. The companys domain, eltec.com, facilitates online access to these services. Activities remain centered in the European region, with emphasis on reliable internet solutions.
Who are the top competitors of ELTEC?
ELTEC's top competitors include iBUS, Helium and Boingo Wireless.
What products or services does ELTEC offer?
ELTEC offers WI-FI Access Points, Routers and Gateways, Modular Computing Platform, and Data Loggers.
Who are ELTEC's investors?
ELTEC has 1 investor. Key investors include Westermo.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.