iPass - About the company
iPass is an acquired company based in Redwood City (United States), founded in 1996 by Chris Moore. It operates as a Revolutionizing connectivity with patented free Wi-Fi switching technology and offload. iPass has raised an undisclosed amount in funding. The company has 683 active competitors, including 32 funded and 69 that have exited. Its top competitors include companies like Helium, Instabridge and WiFi.
Company Details
Revolutionizing connectivity with patented free Wi-Fi switching technology and offload. We are a technology company focused on innovative solutions for seamless connectivity. We offer a platform that integrates radio signals and Wi-Fi, providing users with optimized network switching capabilities. Our technology is designed to enhance the user experience by automatically selecting the best available network. We aim to improve connectivity for smartphone users, MNOs, MVNEs, and MVNOs. We provide services across Europe, North and South America, Indonesia, the Middle East, and Africa. Our core offering is a software solution that addresses the challenges of modern telecommunications.
- Website
- ipass.com
Key Metrics
Founded Year
1996
Location
Redwood City, United States
Stage
Acquired
Latest Funding Round
Ranked
10th among 683 active competitors
Annual Revenue
$50M - $100M as on Dec 31, 2017
Employee Count
293 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Pareteum (Nov 12, 2018)
Legal entities associated with iPass
iPass is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
IPASS INC CIN: 1053374 , United States, Active | Feb 02, 2000 | $50M - $100M (As on Dec 31, 2017) | 132 (As on Dec 31, 2022) | - |
iPass's acquisition details
iPass got acquired by Pareteum on Nov 12, 2018.
Click here to take a look at iPass's acquisition in detail
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iPass's funding and investors
iPass has raised funding over 2 rounds. Its first funding round was on 1996. Its latest funding round was a Conventional Debt round on Jun 19, 2018 for $*****. 1 investor participated in its latest round. iPass has 8 institutional investors.
Here is the list of recent funding rounds of iPass:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 19, 2018 | 2188234 | Conventional Debt | 8385989 | 6238429 | 3424634 | 6033409 |
1996 | 2016 | Series B | 1388 | 1027 | 9726 |
View details of iPass's funding rounds and investors
iPass' founders and board of directors
Founder? Claim ProfileThe founders of iPass is Chris Moore. Gary Griffiths is the CEO of iPass.
Here are the details of iPass' key team members:
- Chris Moore: Former Founder of iPass. They are also an angel investor in 1 startup and serve on the board of 1 company.
View details of iPass's Founder profiles and Board Members
iPass' employee count trend
iPass has 293 employees as of Sep 26. Here is iPass's employee count trend over the years:
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iPass's Competitors and alternates
Top competitors of iPass include Helium, Instabridge and WiFi. Here is the list of Top 10 competitors of iPass, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Helium 2006, San Francisco (United States), Series D | Hardware mining solutions for cryptocurrency | $370M | 66/100 | |
2nd | Instabridge 2012, Stockholm (Sweden), Series A | Crowdsourced wi-fi hotspot network provider | $8M | 64/100 | |
3rd | App for quickly connecting to wifi hotspots without a password | $62.6M | 62/100 | ||
4th | WeLink 2011, San Jose (United States), Series A | Provider of internet services | $185M | 62/100 | |
5th | Boingo Wireless 2001, Los Angeles (United States), Acquired | Provider of wireless WiFi internet services | $94.8M | 60/100 | |
6th | Provider of digital infrastructure and connectivity solutions for businesses and institutions | $141M | 59/100 | ||
7th | Encryption based VPN service for secure and anonymous browsing | - | 57/100 | ||
8th | Anuvu 2014, Santa Ana (United States), Acquired | Provider of broadband internet services to passengers | $50M | 56/100 | |
9th | Elauwit 1989, Charlotte (United States), Public | Provider of wifi internet services | - | - | 54/100 |
10th | iPass 1996, Redwood City (United States), Acquired | Revolutionizing connectivity with patented free Wi-Fi switching technology and offload | - | 54/100 |
Looking for more details on iPass's competitors? Click here to see the top ones
iPass's Investments and acquisitions
iPass has made no investments or acquisitions yet.
Reports related to iPass
Here is the latest report on iPass's sector:
News related to iPass
•
Ipass enters into a common stock purchase agreement with Aspire Capital Fund for up to $10 mlnReuters•Jul 25, 2024•iPass, Aspire Capital
•
Line Pay Taiwan forms cross-border mobile payments allianceFinextra•Dec 09, 2019•iPASS, LINE, Naver Financial, Payco and 4 others
•
Pareteum Accepts Shares Of iPass Tendered In Exchange Offer And Completes Acquisition Of iPassPR Newswire•Feb 13, 2019•Pareteum, iPass
•
Pareteum Extends Tender Offer For All Outstanding Shares Of iPassPR Newswire•Jan 04, 2019•Pareteum, iPass
•
AlwaysOn partners with iPass for USD 20 mln monthly Wi-Fi serviceTelecompaper•Nov 27, 2018•AlwaysOn, iPass
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Deutsche Telekom becomes latest to be brought into iPass embraceMobile Europe•Nov 26, 2018•Deutsche Telekom, iPass
•
iPass and Deutsche Telekom Strengthen Their PartnershipInvesting News•Nov 26, 2018•iPass, Deutsche Telekom
•
iPass Shares to Resume Trading on The Nasdaq Stock Market on November 23, 2018GlobeNewswire•Nov 21, 2018•iPass
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