About iWeb
iWeb is a company based in Montreal (Canada) founded in 1996 was acquired by LeaseWeb in August 2021.. iWeb has raised $4.28 million across 6 funding rounds from investors including Goldman Sachs, BMO and NovaCap. iWeb offers products and services including Dedicated Servers, Public Cloud, Cloud Storage, and CDN. iWeb operates in a competitive market with competitors including Equinix, Axcient, Red Hat, DataBank and Skytap, among others.
- Headquarter Montreal, Canada
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Iweb, 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
$4.28 M (USD)
in 6 rounds
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Latest Funding Round
$22 M (USD), Debt – Conventional
Aug 27, 2008
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Investors
Goldman Sachs
& 7 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of iWeb
iWeb offers a comprehensive portfolio of products and services, including Dedicated Servers, Public Cloud, Cloud Storage, and CDN. 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.
Customizable servers for high-performance workloads
Scalable virtualized solutions for growing businesses
Performance-optimized storage for data management
Global network for faster website delivery
Funding Insights of iWeb
iWeb has successfully raised a total of $4.28M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $22 million completed in August 2008. 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 6
- Last Round Debt – Conventional — $22.0M
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First Round
First Round
(26 Jun 2006)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2008 | Amount | Debt – Conventional - iWeb | Valuation |
investors |
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| Feb, 2008 | Amount | Debt – Conventional - iWeb | Valuation |
investors |
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| Nov, 2007 | Amount | Series A - iWeb | 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 iWeb
iWeb has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, BMO and NovaCap. 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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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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Acquisitions are targeted by Novacap, a private equity firm.
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Founded Year | Domain | Location | |
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BMO is recognized as a leading financial services provider in Canada.
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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 iWeb
| 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 - iWeb
| 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 |
Iweb Comparisons
Competitors of iWeb
iWeb 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 Equinix, Axcient, Red Hat, DataBank and Skytap, 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 |
Provider of colocation data center services
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| domain | founded_year | HQ Location |
Cloud-based business continuity and disaster recovery solutions are provided.
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| domain | founded_year | HQ Location |
OpenStack distribution and Kubernetes cluster management are facilitated across clouds.
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| domain | founded_year | HQ Location |
Data center colocation solutions are offered by DataBank.
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| domain | founded_year | HQ Location |
Cloud-based environments are delivered for application development and testing.
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| domain | founded_year | HQ Location |
Platform offering data center colocation solution
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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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Latest news on Iweb
Frequently Asked Questions about iWeb
When was iWeb founded?
iWeb was founded in 1996 and raised its 1st funding round 10 years after it was founded.
Where is iWeb located?
iWeb is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Is iWeb a funded company?
iWeb is a funded company, having raised a total of $4.28M across 6 funding rounds to date. The company's 1st funding round was a Series A of $4.28M, raised on Jun 26, 2006.
What does iWeb do?
Founded in 1996 and headquartered in Montreal, Canada, iWeb operates within the cloud computing and hosting sector. Colocation services in data centers and infrastructure-as-a-service solutions are delivered. Compute environments, Microsoft private cloud, virtualization, and dedicated cloud options form core offerings. Storage capabilities, including networked or block storage, backup, and disaster recovery, are supported. Network services encompass website security, content delivery networks, firewalls, virtual private racks, and performance networking.
What products or services does iWeb offer?
iWeb offers Dedicated Servers, Public Cloud, Cloud Storage, and CDN.
Who are iWeb's investors?
iWeb has 8 investors. Key investors include Goldman Sachs, BMO, NovaCap, Stifel, and INAP.
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