WeFi
Latest round
- Series C
Last raised
- Jan 2012
Total raised
- $27M
Investors
- 4
About WeFi
WeFi Inc.Founded in Fairfax, US, WeFi Inc. offers technology solutions for connecting mobile devices and IoT seamlessly. The company was involved in a strategic shift when it was sold by Lightspeed Venture Partners to TruConnect Communications in September 2016. David Ellis serves as the CEO, leading the organization towards innovative connectivity solutions.WeFi primarily offers a Software Development Kit (SDK) that automates and optimizes the connection of mobile devices and Internet of Things (IoT) devices to high-quality wireless networks. This solution is designed to ensure 'Always Best Connected' capabilities, allowing for seamless connectivity while reducing operational costs for telecom providers and IoT platform operators. The SDK serves various end users, including mobile network operators, enterprises in sports venues, and connected car manufacturers, providing them with advantages in network efficiency and user experience. The company’s data collection capabilities offer clients access to hundreds of anonymized data points compliant with GDPR, with an accuracy of 10x10 meters. These insights enhance business analytics through specialized dashboards and reports tailored for industries such as enterprise IoT and location-based services.WeFi generates revenue through subscription-based models and partnerships with mobile network operators and enterprise clients, capitalizing on its advanced SDK offerings. The company’s transaction structure typically involves licensing fees for the SDK, along with ongoing fees for data analytics services provided through its Software as a Service (SaaS) model. Clients engage in contracts that facilitate the integration of WeFi's technology into their existing systems, thereby enhancing their connectivity solutions. Specific pricing plans vary depending on deployment scope and service level, aligning with the distinct needs of industries such as sports, enterprise, and automotive sectors.WeFi Inc. is focused on developing new products aimed at improving connectivity solutions for its clients, with plans for future product launches aimed at enhancing its SDK capabilities.00 mn to support these initiatives.
Who invested in WeFi
4 investors across 4 rounds
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Questions about WeFi
Who invested in WeFi?
WeFi has 4 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has WeFi raised?
WeFi has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did WeFi last raise money?
WeFi's most recent round on record is a Series C, in Jan 2012.
What does WeFi do?
WeFi is a software company.
Where is WeFi headquartered?
WeFi is headquartered in Fairfax, US.
Which VCs invest in companies like WeFi?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at WeFi's stage. Their profiles are linked below.
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