WiNetworks

New York, United States Founded: 2002 • Age: 24 yrs Acquired By RuggedCom
WiMAX-based mobile broadband wireless systems are provided for metropolitan areas.

About WiNetworks

WiNetworks is a company based in New York (United States) founded in 2002 by Effi Atad was acquired by RuggedCom in September 2009.. WiNetworks has raised $38 million across 4 funding rounds from investors including RuggedCom, Columbia Capital and Evergreen Venture Partners. WiNetworks operates in a competitive market with competitors including Calix, NEC, Ericsson, Mavenir and CommScope, among others.

  • Headquarter New York, United States
  • Founders Effi Atad
  • Sectors
    Telecommunications
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $38 M (USD)

    in 4 rounds

  • Latest Funding Round
    $8 M (USD), Series C

    Mar 05, 2009

  • Investors
    RuggedCom

    & 4 more

  • Employee Count
    Employee Count
  • Acquired by
    RuggedCom

    (Sep 17, 2009)

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Funding Insights of WiNetworks

WiNetworks has successfully raised a total of $38M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $8 million completed in March 2009. 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 Rounds 4
  • Last Round Series C — $8.0M
  • First Round
  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2009 Amount Series C - WiNetworks Valuation

investors

Mar, 2008 Amount Series B - WiNetworks Valuation

investors

Jul, 2006 Amount Series A - WiNetworks Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in WiNetworks

WiNetworks has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include RuggedCom, Columbia Capital and Evergreen Venture Partners. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
US tech companies are funded across stages by Columbia Capital.
Founded Year Domain Location
Early-stage venture capital is provided to Israeli companies across sectors.
Founded Year Domain Location
Early-stage tech startups are invested in by Rho Capital Partners.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by WiNetworks

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - WiNetworks

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Winetworks Comparisons

Employees
+
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Competitors of WiNetworks

WiNetworks 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 Calix, NEC, Ericsson, Mavenir and CommScope, 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
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Communication equipment and software solutions are provided for broadband access.
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Cloud-based IT and networking solutions are provided globally.
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Telecom equipment and software solutions are provided for networks.
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Multi-access edge networking computing platform is provided for mobile services.
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Fiber-optic and wireless infrastructure products provider
domain founded_year HQ Location
Cloud-based enterprise networking and firewall solutions are delivered.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Winetworks

Frequently Asked Questions about WiNetworks

When was WiNetworks founded?

WiNetworks was founded in 2002 and raised its 1st funding round 1 year after it was founded.

Where is WiNetworks located?

WiNetworks is headquartered in New York, United States. It is registered at New York, New York, United States.

Who is the current CEO of WiNetworks?

Benjamin Finzi is the current CEO of WiNetworks.

Is WiNetworks a funded company?

WiNetworks is a funded company, having raised a total of $38M across 4 funding rounds to date. The company's 1st funding round was a Series A of $11M, raised on Jun 01, 2003.

What does WiNetworks do?

WiNetworks was founded in 2002 in New York, United States, as a provider of WiMAX 802.16e mobile broadband wireless technology. Systems are supplied to large private networks and service providers for extending connectivity across metropolitan areas. Product offerings include small-form-factor base stations with various power options. Full interoperability is ensured with third-party device manufacturers and ASN gateway vendors in an open, end-to-end solution.

Who are the top competitors of WiNetworks?

WiNetworks's top competitors include Mavenir, Actelis and Ericsson.

Who are WiNetworks's investors?

WiNetworks has 5 investors. Key investors include RuggedCom, Columbia Capital, Evergreen Venture Partners, Rho Capital Partners, and Cedar Fund.

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