About Kajeet
Kajeet is a company based in United States founded in 2003 by Ben Weintraub and Daniel Neal.. Kajeet has raised $55.93 million across 4 funding rounds from investors including Bessemer Venture Partners, Bluecrest Capital Finance and Fidelity Ventures. Kajeet offers products and services including Sentinel Platform, Private Wireless Networks, and Connectivity Solutions. Kajeet operates in a competitive market with competitors including Cradlepoint, Actility, Ondas Networks, Celona and EMnify, among others.
- Headquarter United States
- Founders Ben Weintraub, Daniel Neal
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Kajeet, 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
$55.93 M (USD)
in 4 rounds
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Latest Funding Round
$18.08 M (USD), Unspecified
Jan 14, 2011
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Investors
Bessemer Venture Partners
& 6 more
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Employee Count
Employee Count
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Products & Services of Kajeet
Kajeet offers a comprehensive portfolio of products and services, including Sentinel Platform, Private Wireless Networks, and Connectivity Solutions. 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.
Monitors and manages IoT devices with AI analytics for various industries.
Delivers secure networks for campuses and industrial settings.
Provides multi-carrier IoT connectivity for education and healthcare.
Funding Insights of Kajeet
Kajeet has successfully raised a total of $55.93M across 4 strategic funding rounds. The most recent funding activity was a Unspecified round of $18.08 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 4
- Last Round Unspecified — $18.1M
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First Round
First Round
(10 Sep 2007)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2011 | Amount | Unspecified - Kajeet | Valuation |
investors |
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| Nov, 2008 | Amount | Series B - Kajeet | Valuation |
investors |
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| Jan, 2008 | Amount | Debt – Conventional - Kajeet | 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 Kajeet
Kajeet has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Bessemer Venture Partners, Bluecrest Capital Finance and Fidelity Ventures. 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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Founded Year | Domain | Location | |
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Venture capital funding is provided by Fidelity-backed Fidelity Ventures.
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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 Kajeet
| 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 - Kajeet
| 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 |
Kajeet Comparisons
Competitors of Kajeet
Kajeet 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 Cradlepoint, Actility, Ondas Networks, Celona and EMnify, 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 |
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| domain | founded_year | HQ Location |
Cloud-based network infrastructure for IoT applications is provided.
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| domain | founded_year | HQ Location |
Platform for IoT deployments and network connectivity management is provided.
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| domain | founded_year | HQ Location |
Broadband communication technologies for IoT are developed and deployed.
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| domain | founded_year | HQ Location |
Cloud-based WiFi infrastructure connectivity management software is provided.
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| domain | founded_year | HQ Location |
Cloud platform for M2M and IoT connectivity is offered.
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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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Latest news on Kajeet
Frequently Asked Questions about Kajeet
When was Kajeet founded?
Kajeet was founded in 2003 and raised its 1st funding round 4 years after it was founded.
Where is Kajeet located?
Kajeet is headquartered in United States.
Who is the current CEO of Kajeet?
Ben Weintraub is the current CEO of Kajeet. They have also founded this company.
Is Kajeet a funded company?
Kajeet is a funded company, having raised a total of $55.93M across 4 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $10M, raised on Sep 10, 2007.
What does Kajeet do?
Kajeet was founded in 2003 in the United States and operates in the IoT sector. Managed connectivity solutions are offered to address the digital divide, targeting education, enterprise, and other sectors. Wireless services, including IoT management platforms and devices, are supplied to facilitate reliable connections across these areas.
Who are the top competitors of Kajeet?
Kajeet's top competitors include Cradlepoint, Hologram and EMnify.
What products or services does Kajeet offer?
Kajeet offers Sentinel Platform, Private Wireless Networks, and Connectivity Solutions.
Who are Kajeet's investors?
Kajeet has 7 investors. Key investors include Bessemer Venture Partners, Bluecrest Capital Finance, Fidelity Ventures, Gabriel Venture Partners, and InterWest.
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