About WeTek
WeTek is a company based in Porto (Portugal) founded in 2009 was acquired by Agile in July 2021.. WeTek offers products and services including TV Platform, Video Technologies, CDN Solutions, Origin & Media Server, and Subtitling Solutions. WeTek operates in a competitive market with competitors including Inside Secure, Titania, SIRIN, Kaymera and IronKey, among others.
- Headquarter Porto, Portugal
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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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Agile
(Jul 06, 2021)
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Products & Services of WeTek
WeTek offers a comprehensive portfolio of products and services, including TV Platform, Video Technologies, CDN Solutions, Origin & Media Server, and Subtitling 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.
Platform for delivering TV services to users
Tools for advanced video processing and enhancement
Network for efficient video content distribution
Server systems for media storage and streaming
Services for adding subtitles to video content
Platform for managing TV and video devices
On-demand TV solutions for providers
Comprehensive management of video operations
Funding Insights of WeTek
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 WeTek
WeTek has secured backing from 1 investor. Prominent investors backing the company include Agile Content. 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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SaaS solutions for content management and monetization are provided.
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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 WeTek
| 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 - WeTek
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Wetek Comparisons
Competitors of WeTek
WeTek 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 Inside Secure, Titania, SIRIN, Kaymera and IronKey, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Enterprise grade security for mobile devices & payment solution
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Cyber vulnerability assessment and auditing solution for enterprise
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| domain | founded_year | HQ Location |
Provides blockchain-powered consumer electronic devices.
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| domain | founded_year | HQ Location |
Mobile cyber defense platform
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| domain | founded_year | HQ Location |
Encrypted USB storage devices are provided for corporate security.
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| domain | founded_year | HQ Location |
Endpoint security solutions for personal devices are 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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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 Wetek
Frequently Asked Questions about WeTek
When was WeTek founded?
WeTek was founded in 2009.
Where is WeTek located?
WeTek is headquartered in Porto, Portugal.
Who is the current CEO of WeTek?
Hugo Condesa is the current CEO of WeTek.
What does WeTek do?
Founded in 2009 and based in Porto, Portugal, endpoint device security solutions are offered through a cybersecurity platform. Android devices are managed and protected from cyber attacks, with additional features including remote assistance and stolen device tracking. These solutions are utilized in sectors such as education, healthcare, hospitality, administration, and public services.
Who are the top competitors of WeTek?
WeTek's top competitors include Titania, ReasonLabs and IronKey.
What products or services does WeTek offer?
WeTek offers TV Platform, Video Technologies, CDN Solutions, Origin & Media Server, and 4 more products and services.
Who are WeTek's investors?
WeTek has 1 investor. Key investors include Agile Content.
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