About Wirescan
Wirescan is a company based in Lillesand (Norway) founded in 2005. It operates as a SaaS (Software-as-a-Service). Wirescan has raised $3.85 million across 2 funding rounds from investors including Adara Ventures, Next47 and Procom Venture. The company has 6 employees as of December 31, 2018. Wirescan offers products and services including Wirescan Digital and LIRA Technology. Wirescan operates in a competitive market with competitors including Sandvine, NetScout, Viavi, Neusoft and Synchronoss, among others.
- Headquarter Lillesand, Norway
- Employees 6 as on 31 Dec, 2018
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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
$1.65 M (USD)17as on Dec 31, 2022
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Net Profit
$351.79 K (USD)40as on Dec 31, 2022
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EBITDA
$319.34 K (USD)46as on Dec 31, 2022
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Total Equity Funding
$3.85 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Adara Ventures
& 2 more
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Employee Count
6
as on Dec 31, 2018
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Products & Services of Wirescan
Wirescan offers a comprehensive portfolio of products and services, including Wirescan Digital and LIRA Technology. 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.
Cable health is monitored using advanced digital technology.
Cable condition is assessed with innovative LIRA technology.
Funding Insights of Wirescan
Wirescan has successfully raised a total of $3.85M across 2 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 2
- Last Round Last Round
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First Round
First Round
(25 May 2010)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Series A - Wirescan | Valuation |
investors |
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| May, 2010 | Amount | Series A - Wirescan | Valuation | Next47 |
| 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 Wirescan
Wirescan has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Adara Ventures, Next47 and Procom Venture. 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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Venture capital funding is provided to technology startups by Adara Ventures.
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Founded Year | Domain | Location | |
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Venture investments in systems, infrastructure, and applications for enterprise founders.
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Founded Year | Domain | Location | |
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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 Wirescan
| 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 - Wirescan
| 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 |
Wirescan Comparisons
Competitors of Wirescan
Wirescan 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 Sandvine, NetScout, Viavi, Neusoft and Synchronoss, 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 |
Network policy control products are provided for broadband service providers.
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| domain | founded_year | HQ Location |
Cloud-based visual tools for network performance management are provided.
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| domain | founded_year | HQ Location |
Cloud-based test and measurement solutions for broadband are provided.
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| domain | founded_year | HQ Location |
IT solutions and services are provided to multiple industries.
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| domain | founded_year | HQ Location |
SaaS-based platform providing subscriber analytics, network asset management, and cloud services
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| domain | founded_year | HQ Location |
OSS/BSS and IT services are provided to the telecommunications sector.
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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 Wirescan
Frequently Asked Questions about Wirescan
When was Wirescan founded?
Wirescan was founded in 2005 and raised its 1st funding round 5 years after it was founded.
Where is Wirescan located?
Wirescan is headquartered in Lillesand, Norway.
Is Wirescan a funded company?
Wirescan is a funded company, having raised a total of $3.85M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.85M, raised on May 25, 2010.
How many employees does Wirescan have?
As of Dec 31, 2018, the latest employee count at Wirescan is 6.
What is the annual revenue of Wirescan?
Annual revenue of Wirescan is $1.65M as on Dec 31, 2022.
What does Wirescan do?
Cable condition monitoring is facilitated by Wirescan through advanced digital cloud-based solutions. The technology, powered by LIRA, is used to assess cable health in real-time, enabling predictive maintenance. Costs are reduced, unexpected shutdowns are prevented, and asset life is extended through data-driven insights. Sectors such as energy and infrastructure are primarily served with a focus on minimizing failure risks and optimizing maintenance schedules.
Who are the top competitors of Wirescan?
What products or services does Wirescan offer?
Wirescan offers Wirescan Digital and LIRA Technology.
Who are Wirescan's investors?
Wirescan has 3 investors. Key investors include Adara Ventures, Next47, and Procom Venture.