About Wefi
Wefi is a company based in Tel Aviv (Israel) founded in 2006 by Yossi Vardi, Shimon Scherzer, and Arnon Kohavi was acquired by TruConnect in September 2016. Wefi has raised $17 million across 3 funding rounds from investors including Lightspeed Venture Partners, WarnerMedia and TruConnect. Wefi offers products and services including SDKs, Data Collection, and Analytics Dashboards. Wefi operates in a competitive market with competitors including Green Packet, Devicescape, Azaire Networks, Rapid5 Networks and Accuris Networks, among others.
- Headquarter Tel Aviv, Israel
- Founders Yossi Vardi, Shimon Scherzer, Arnon Kohavi
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Sectors
Telecommunications
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Phone
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Website
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Social
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- Legal Name Wefi Llc
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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
$17 M (USD)
in 3 rounds
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Latest Funding Round
$522.07 K (USD), Grant
Jul 01, 2015
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Investors
Lightspeed Venture Partners
& 4 more
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Employee Count
Not available
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Acquired by
TruConnect
(Sep 08, 2016)
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Products & Services of Wefi
Wefi offers a comprehensive portfolio of products and services, including SDKs, Data Collection, and Analytics Dashboards.
Enables automatic device connection to wireless networks for cost reduction.
Gathers anonymized data points with high accuracy for analytics purposes.
Provides insights from mobile data via SaaS for business decisions.
Funding Insights of Wefi
Wefi has successfully raised a total of $17M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $522.07 thousand completed in July 2015. 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 Wefi
Wefi has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Lightspeed Venture Partners, WarnerMedia and TruConnect.
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Venture capital investments in tech and healthtech sectors through dedicated funds.
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Wefi
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Wefi
Investment portfolio details for Wefi
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- Transaction dates
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Financial Statements - Wefi
Detailed financials for Wefi
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- Profit trends
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Wefi Comparisons
Peer comparison for Wefi
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- Named peers
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Competitors of Wefi
Wefi 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 Green Packet, Devicescape, Azaire Networks, Rapid5 Networks and Accuris Networks, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Wi-fi offloading solution and wi-fi access device provider
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Wi-Fi solutions for mobile device connectivity management are developed.
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Provides network solutions for IT and connectivity needs.
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Offers a carrier-grade convergence platform for reliable telecommunications networks.
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Wi-Fi offload and roaming inter-working solutions provider
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Detailed competitors of Wefi
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Latest news on Wefi
Complete news archive for Wefi
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Frequently Asked Questions about Wefi
Wefi was founded in 2006 and raised its 1st funding round 3 years after it was founded.
Wefi is headquartered in Tel Aviv, Israel.
Wefi is a funded company, having raised a total of $17M across 3 funding rounds to date.
Wefi was founded in 2006 in Tel Aviv, Israel, focusing on the telecommunications sector. Solutions for WiFi and cellular offloading in heterogeneous networks are developed, supporting 2G, 3G, 4G, and LTE technologies. Massive mobile data volumes are analyzed to deliver network selection functions that improve broadband access and user connectivity in diverse environments.
Wefi's top competitors include Green Packet, Devicescape and Accuris Networks.
Wefi offers SDKs, Data Collection, and Analytics Dashboards.
Wefi has 5 investors. Key investors include Lightspeed Venture Partners, WarnerMedia, TruConnect, European Union, and Pitango.