Wayport - About the company
Wayport is an acquired company based in Austin (United States), founded in 1996 by Brad Gray. It operates as a Wi-Fi hotspot operator. Wayport has raised $104M in funding. The company has 681 active competitors, including 33 funded and 69 that have exited. Its top competitors include companies like Helium, Instabridge and TP-Link.
Company Details
Wayport is a Wi-Fi internet access provider. It operates WiFi hotspots in hotels, airports, sports venues, retail chain stores etc. across U.S. It has partnerships with telecom provider such as AT&T, Verizon etc. It started Wayport Wi-Fi World program creating unlimited-use Wi-Fi locations to be paid monthly by the location owners. Also provides wired internet service. Was acquired by AT&T in 2008 and later it's Europe assets were acquired by Swisscom.
Key Metrics
Founded Year
1996
Location
Austin, United States
Stage
Acquired
Total Funding
$104M in 3 rounds
Latest Funding Round
Investors
Ranked
50th among 681 active competitors
Similar Companies
Exit Details
Acquired by AT&T (Nov 06, 2008)
Wayport's acquisition details
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Wayport's funding and investors
Wayport has raised a total funding of $104M over 3 rounds. Its first funding round was on Dec 11, 2000. Wayport has 12 institutional investors.
Here is the list of recent funding rounds of Wayport:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 03, 2004 | 3007204 | PE | 3940922 | 6741073 | 9924315 | 1370683 |
Mar 11, 2002 | 3881790 | Series B | 6087355 | 8257544 | 3328370 | |
Dec 11, 2000 | 5775859 | Series A | 1451227 | 9810967 | 5050678 |
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Wayport's founders and board of directors
Founder? Claim ProfileThe founders of Wayport is Brad Gray.
Here are the details of Wayport's key team members:
- Brad Gray: Founder of Wayport and founder of 1 other company.
View details of Wayport's Founder profiles and Board Members
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Wayport's Competitors and alternates
Top competitors of Wayport include Helium, Instabridge and TP-Link. Here is the list of Top 10 competitors of Wayport, 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 | Manufacturer of networking equipment, smart home devices, and surveillance solutions | - | - | 63/100 | |
4th | Boingo Wireless 2001, Los Angeles (United States), Acquired | Provider of wireless WiFi internet services | $94.8M | 63/100 | |
5th | WeLink 2011, San Jose (United States), Series A | Provider of internet services | $185M | 62/100 | |
6th | App for quickly connecting to wifi hotspots without a password | $62.6M | 62/100 | ||
7th | Provider of digital infrastructure and connectivity solutions for businesses and institutions | $141M | 59/100 | ||
8th | Encryption based VPN service for secure and anonymous browsing | - | 57/100 | ||
9th |  Anuvu 2014, Santa Ana (United States), Acquired | Provider of broadband internet services to passengers | $50M | 57/100 | |
10th |  Elauwit 1989, Charlotte (United States), Public | Provider of wifi internet services | - | - | 54/100 |
50th | Wayport 1996, Austin (United States), Acquired | Wi-Fi hotspot operator | $104M | 37/100 |
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Wayport's Investments and acquisitions
Wayport has made no investments or acquisitions yet.
Reports related to Wayport
Here is the latest report on Wayport's sector:
News related to Wayport
•
Private Equity Week Wire for Monday 3/11 - PE HubPE Hub•Mar 11, 2002•AT&T Business, Wayport, Bank of America, Lucent Venture Partners and 15 others
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