About NextWeb
NextWeb is a company based in San Jose (United States) founded in 1999 was acquired by TPx Communications in December 2010. NextWeb has raised $8 million across 3 funding rounds from investors including TPx Communications, Covad Communications and Kaiser Permanente Ventures. NextWeb has completed 1 acquisition, including Sky pipeline. NextWeb operates in a competitive market with competitors including McKay Brothers, Ekahau, Agile Networks, Deep Blue Communications and UUNET, among others.
- Headquarter San Jose, United States
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Sectors
Telecommunications
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Phone
Locked
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Website
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$8 M (USD)
in 3 rounds
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Latest Funding Round
$3.5 M (USD), Series E
Aug 24, 2005
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Investors
TPx Communications
& 5 more
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Employee Count
Not available
- Investments & Acquisitions
- Acquired by
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Funding Insights of NextWeb
NextWeb has successfully raised a total of $8M across 3 strategic funding rounds. The most recent funding activity was a Series E round of $3.5 million completed in August 2005. 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.
Investors in NextWeb
NextWeb has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include TPx Communications, Covad Communications and Kaiser Permanente Ventures.
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Tech and Life Sciences focused corporate VC firm investing in the US
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Direct secondary investments are made in private company shares.
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Investor details for NextWeb
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Investments & Acquisitions by NextWeb
NextWeb has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sky pipeline.
Investment portfolio details for NextWeb
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Wireless broadband service provider
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Complete acquisition details for NextWeb
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Financial Statements - NextWeb
Detailed financials for NextWeb
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Nextweb Comparisons
Peer comparison for NextWeb
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of NextWeb
NextWeb 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 McKay Brothers, Ekahau, Agile Networks, Deep Blue Communications and UUNET, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Low-latency wireless connectivity services are provided to financial firms.
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Wi-Fi-based RTLS systems for asset tracking and safety are provided.
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Hybrid fiber-wireless broadband data networks are provided for IP applications.
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Managed Wi-Fi services are delivered to hospitality and retail sectors.
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Offers mobile plans, business internet, and security services for corporate needs.
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Detailed competitors of NextWeb
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Verified entity values are shown only after access is granted.
Latest news on Nextweb
Complete news archive for NextWeb
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- Source and publication date
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Verified entity values are shown only after access is granted.
Frequently Asked Questions about NextWeb
NextWeb was founded in 1999 and raised its 1st funding round 2 years after it was founded.
NextWeb is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
NextWeb is a funded company, having raised a total of $8M across 3 funding rounds to date.
NextWeb was founded in 1999 in San Jose, United States, as a wireless internet service provider targeting businesses. Fixed wireless technology, both licensed and unlicensed, is utilized to bypass local telecommunications infrastructure and supply T1-class broadband services at reduced costs. The company was acquired by Covad in February 2006, which later merged with MegaPath. In December 2010, TelePacific Communications took over NextWebs operations.
NextWeb's top competitors include McKay Brothers, Ekahau and Deep Blue Communications.
NextWeb has made 1 acquisition, including Sky pipeline.
NextWeb has 6 investors. Key investors include TPx Communications, Covad Communications, Kaiser Permanente Ventures, Saints Capital, and Monet Capital.