# NextWiFi

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nextwifi

- Industry: Marketing/Advertising
- Headquarters: Shenzhen, China
- Website: www.nextwifi.com
- Latest round: Series A (Feb 20, 2017)
- Investors on record: 1

## About

NextWiFi develops advanced web-based solutions, focusing on a powerful PHP framework designed for efficient and scalable application development, catering to various sectors across North America, Europe, and Asia-Pacific.Founded in 2013 and headquartered in Shenzhen, China, NextWiFi focuses on providing innovative web solutions through its flagship PHP framework. The company has undergone strategic pivots to enhance its offerings and has successfully secured funding, with its most recent deal in February 2017 where it raised an undisclosed amount of Series A funding from Eagles Fund.NextWiFi specializes in the development of a robust PHP framework that facilitates rapid application development and offers a user-friendly environment for developers. This framework addresses critical challenges such as speed, security, and flexibility, catering to a diverse range of applications from e-commerce platforms to content management systems. Its primary customer base includes software developers, small to medium-sized enterprises, and tech start-ups across various sectors, who leverage the framework to enhance user engagement and streamline backend operations.The company's revenue model is predominantly subscription-based, allowing clients to access updated versions of their PHP framework and support services for a recurring fee. Transactions occur directly with clients, focusing on B2B engagements where software developers and enterprises subscribe to service tiers tailored to their needs. Additionally, NextWiFi generates revenue through partnerships with educational institutions and training programs that equip developers with the skills necessary to utilize their products effectively, fostering customer loyalty.NextWiFi aims to expand its product offerings by developing new features and enhancements for its PHP framework, with upcoming releases planned for late 2023. The company is also looking to penetrate additional markets in Europe and Asia-Pacific by mid-2024, leveraging the funds raised from the Series A round to support these initiatives. This funding will be instrumental in driving product development and market expansion efforts, ensuring NextWiFi meets the evolving needs of its clients.

## Funding rounds

- Series A, Feb 20, 2017 — Eagles Fund

## Investors

- Eagles Fund (https://capitalatlas.ai/funds/eagles-fund) — Series A