NextGenTel

Bergen, Norway Founded: 2000 • Age: 26 yrs Acquired By Telio
Broadband services including xDSL and fiber are provided across Norway.

About NextGenTel

NextGenTel is a Telecommunications company based in Bergen (Norway) founded in 2000, and was acquired by Telio in December 2012. Broadband services including xDSL and fiber are provided across Norway. It operates on a Subscription Services model. NextGenTel has raised $6 million across 1 funding round from investors including Global Capital, Northzone and Telio. The company has 76 employees. Its website nextgentel.no draws about 39 thousand monthly visits. NextGenTel offers products and services including Internet, TV, Security, and Telephony. Its focus areas include Internet Service Providers and Broadband Services.

Company details

Internet, TV, security, and telephony services are offered by NextGenTel throughout Norway. Broadband solutions with customizable speeds are provided to meet user needs. Additional services include media streaming and cybersecurity protection. Customer control is facilitated through a dedicated mobile app for managing subscriptions and billing. Recognition has been received for customer satisfaction and service quality improvements in recent industry evaluations.

  • Headquarters Bergen, Norway
  • Employees 76
  • Stage Acquired
  • Sectors
    Telecommunications
  • Website category Computers Electronics and Technology · Telecommunications
  • Website nextgentel.no
  • Social LinkedIn X Facebook
  • Acquired by Telio (Dec 2012)
Key Metrics
  • Annual Revenue
    $49.99 M (USD)
    -9
    as on Dec 31, 2022
  • Net Profit
    -$802.01 K (USD)
    72
    as on Dec 31, 2022
  • EBITDA
    $108.3 K (USD)
    -97
    as on Dec 31, 2022
  • Total Equity Funding
    $6M (USD)

    in 1 rounds

  • Latest Funding Round
    $6M (USD), Series A

    Jan 2002

  • Investors
  • Employee Count
    76
  • Acquired by
    Telio

    (Dec 2012)

Products & Services of NextGenTel

NextGenTel offers a comprehensive portfolio of products and services, including Internet, TV, Security, and Telephony.

Internet
Telecommunications

Internet services are provided with customizable speed options.

TV
Media

TV services are offered for entertainment and streaming.

Security
Cybersecurity

Security solutions are delivered for online user protection.

Telephony
Telecommunications

Telephony services are provided for voice communication needs.

Funding Insights of NextGenTel

NextGenTel has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Series A round of $6 million completed in January 2002. 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 $6M
  • Total Rounds 1
  • Last Round Series A β€” $6M
  • First Round $6M

    (Jan 2002)

  • Investors Count 2

All 1 funding rounds of NextGenTel with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2002$6MSeries A––
Valuation history

3 investors in total: 3 institutional.

Investors in NextGenTel

NextGenTel has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Global Capital, Northzone and Telio.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
globalcapventure.com
Early-stage startups are funded by Northzone venture capital.
northzone.comLondon, United Kingdom
telio.no
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Investor details for NextGenTel

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
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Timeline of NextGenTel

3 dated milestones of NextGenTel across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded NextGenTel is founded.
  2. Funding First funding round of $6.0M.
  3. Exit Acquired by Telio.

Web traffic of NextGenTel

The website of NextGenTel (nextgentel.no) receives about 38.6K visits a month and ranks #746,694 among all websites worldwide, #3,956 in Telecommunications.

  • Monthly visits
    38.6K

    ▲ 13.4% vs previous month

  • Unique visitors
    16.5K

    per month

  • Global rank
    #746,694

    among all websites

  • Category rank
    #3,956

    Computers Electronics and Technology · Telecommunications

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
telenor.no
telenor.no
100%
#27,758–
tele2.no
tele2.no
69%
–
homenet.no
homenet.no
68%
–
ice.no
ice.no
65%
#82,168–
telepriser.no
telepriser.no
64%
–
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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All 37 similar websites and full traffic analytics for NextGenTel

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  • 37 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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Related news about Nextgentel

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Frequently Asked Questions about NextGenTel

NextGenTel was founded in 2000 and raised its 1st funding round 2 years after it was founded.

NextGenTel is headquartered in Bergen, Norway. It is registered at Bergen, Vestland, Norway.

NextGenTel is a funded company, having raised a total of $6M across 1 funding round to date. The company's 1st funding round was a Series A of $6M, raised on Jan 2002.

NextGenTel has 76 employees.

Annual revenue of NextGenTel is $49.99M as on Dec 31, 2022.

Internet, TV, security, and telephony services are offered by NextGenTel throughout Norway. Broadband solutions with customizable speeds are provided to meet user needs. Additional services include media streaming and cybersecurity protection. Customer control is facilitated through a dedicated mobile app for managing subscriptions and billing. Recognition has been received for customer satisfaction and service quality improvements in recent industry evaluations.

NextGenTel offers Internet, TV, Security, and Telephony.

NextGenTel has 3 investors. Key investors include Global Capital, Northzone, and Telio.

Yes. NextGenTel was acquired by Telio in December 2012.

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