About Westnet
Westnet is a company based in Stavanger (Norway) founded in 2001 was acquired by NetNordic in August 2023.. The company has 27 employees as of December 31, 2022.
- Headquarter Stavanger, Norway
- Employees 27 as on 31 Dec, 2022
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Sectors
Telecommunications
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Email
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Phone
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Website
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Social
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Funding Insights of Westnet
| 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 Westnet
Westnet has secured backing from 1 investor. Prominent investors backing the company include NetNordic. 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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IT service suite solutions are provided by NetNordic in Norway.
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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 Westnet
| 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 - Westnet
| 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 |
Westnet Comparisons
Competitors of Westnet
| 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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Frequently Asked Questions about Westnet
When was Westnet founded?
Westnet was founded in 2001.
Where is Westnet located?
Westnet is headquartered in Stavanger, Norway. It is registered at Stavanger, Rogaland, Norway.
Who is the current CEO of Westnet?
Steinar Th Omdahl is the current CEO of Westnet.
How many employees does Westnet have?
As of Dec 31, 2022, the latest employee count at Westnet is 27.
What does Westnet do?
WestNet was founded in 2001 and is headquartered in Stavanger, Norway. Operations are centered on telecommunications engineering and network services, with offerings that include engineering support and operational management for telecom infrastructure. The company serves the telecom sector across Norway, focusing on practical implementation and maintenance of network systems. Leadership is provided by Steinar Th Omdahl as CEO and Managing Director.
Who are Westnet's investors?
Westnet has 1 investor. Key investors include NetNordic.