About Wilocity
Wilocity is a company based in Caesarea (Israel) founded in 2007 was acquired by Qualcomm Ventures in July 2014.. Wilocity has raised $55 million across 4 funding rounds from investors including Cisco, Marvell and Cisco Investments. Wilocity operates in a competitive market with competitors including CSR, Celeno, Quantenna, Blu Wireless and Morse Micro, among others.
- Headquarter Caesarea, Israel
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Sectors
Technology
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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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Total Equity Funding
$55 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Cisco
& 9 more
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Employee Count
Employee Count
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Acquired by
Qualcomm Ventures
(Jul 02, 2014)
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Funding Insights of Wilocity
Wilocity has successfully raised a total of $55M across 4 strategic funding rounds. 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 Total Funding
- Total Rounds 4
- Last Round Last Round
- First Round First Round
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2013 | Amount | Series B - Wilocity | Valuation |
investors |
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| Oct, 2013 | Amount | Series B - Wilocity | Valuation |
investors |
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| Jul, 2010 | Amount | Series A - Wilocity | Valuation |
investors |
| 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 Wilocity
Wilocity has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Cisco, Marvell and Cisco Investments. 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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Technology investments and expertise in networking, cloud, and security services.
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Founded Year | Domain | Location | |
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Technology investments are managed through venture capital and private equity.
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Founded Year | Domain | Location | |
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Tech and offline focused VC investment company investing in geographies such as Israel
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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 Wilocity
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Wilocity
| 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 |
Wilocity Comparisons
Competitors of Wilocity
Wilocity 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 CSR, Celeno, Quantenna, Blu Wireless and Morse Micro, 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 |
Semiconductor and software provider for wireless technology IoT Connectivity
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| domain | founded_year | HQ Location |
Provides high performance WiFi chips and software
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| domain | founded_year | HQ Location |
Semiconductor solutions for wireless networks and WiFi chipsets are provided.
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| domain | founded_year | HQ Location |
System-on-chip solutions for wireless communication are developed and supplied.
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| domain | founded_year | HQ Location |
WiFi chips are provided for IoT applications by Morse Micro.
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| domain | founded_year | HQ Location |
Mobile WiMAX semiconductor systems are provided for wireless markets.
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| 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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Latest news on Wilocity
Frequently Asked Questions about Wilocity
When was Wilocity founded?
Wilocity was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Where is Wilocity located?
Wilocity is headquartered in Caesarea, Israel. It is registered at Caesarea, Haifa, Israel.
Is Wilocity a funded company?
Wilocity is a funded company, having raised a total of $55M across 4 funding rounds to date. The company's 1st funding round was a Series A of $20M, raised on Jun 01, 2008.
What does Wilocity do?
The company was founded in 2007 in Caesarea, Israel, within the semiconductors sector. Integrated circuits for Wi-Fi communications are produced, with a focus on 60 GHz multi-gigabit wireless chipsets. These chipsets are designed for mobile computing platforms and peripheral markets, supporting high-speed wireless connectivity in consumer and enterprise applications. Operations emphasize chipset development and integration for wireless networking solutions.
Who are the top competitors of Wilocity?
Wilocity's top competitors include Morse Micro, Quantenna and Beceem.
Who are Wilocity's investors?
Wilocity has 10 investors. Key investors include Cisco, Marvell, Cisco Investments, Atheros Communications, and Qualcomm Ventures.
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