# Chao WiFi

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chao-wifi

- Industry: Telecoms
- Headquarters: Hangzhou, China
- Website: www.chaowifi.com
- Total disclosed funding: $2.4M
- Latest round: Series B (Nov 25, 2014)
- Investors on record: 1

## About

Chao WiFi provides advanced wireless connectivity solutions, enhancing internet access through innovative routers and access points for both residential and commercial clients.Chao WiFi was founded in 2012 in Hangzhou, China. The company focuses on wireless connectivity solutions and has successfully raised a total of CNY 15.000 mn through a Series A funding round led by Meridian Capital China in July 2015. Chao WiFi has completed 4 deals to date.Chao WiFi specializes in innovative wireless connectivity solutions aimed at improving internet access in various environments. Their primary products include advanced wireless routers and access points designed to eliminate connectivity issues such as dead zones and slow speeds. Chao WiFi targets both residential and commercial clients across industries such as hospitality and education, with a market presence in North America, Europe, and parts of Asia.Chao WiFi generates revenue through direct sales of hardware products and subscription-based services. Customers can purchase routers and access points along with optional subscriptions for enhanced features like security and technical support. Their revenue model includes Business-to-Business (B2B) partnerships with retailers and wholesalers, as well as direct-to-consumer sales via online platforms.Chao WiFi plans to enhance its product lineup with new wireless solutions set to launch by the end of 2023. The company aims to expand its reach into emerging markets in Southeast Asia and Africa within the next two years. The recent Series A funding round will support these initiatives, enabling the development of new products and facilitating market entry strategies.

## Funding rounds

- Series B, Nov 25, 2014 — Meridian Capital
- Series A, Apr 10, 2014, $2.4M — Meridian Capital
- Angel, Oct 1, 2013 — Meridian Capital

## Investors

- Meridian Capital — Angel, Series A, Series B