When was Wefi founded?

Wefi was founded in 2006 and raised its 1st funding round 3 years after it was founded.

Where is Wefi located?

Wefi is headquartered in Tel Aviv, Israel.

Is Wefi a funded company?

Wefi is a funded company, having raised a total of $17M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Aug 04, 2009.

When was the latest funding round of Wefi?

Wefi's latest funding was a $***** Grant (prize money) round on Jul 01, 2015, with participation from 1 investor.

Where does Wefi rank among its competitors?

Wefi ranks 1st amongst 18 active competitors, of which 5 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Aptilo, which secured $627K in Oct, 2021.

Who are the top competitors of Wefi?

Wefi's top competitors include Green Packet, Devicescape and Carnegie Technologies. Among them, Aptilo secured the most recent funding round in October, 2021.

Wefi - 2026 Company Profile, Team, Funding & Competitors

Wefi is an acquired company based in Tel Aviv (Israel), founded in 2006 by Arnon Kohavi, Shimon Scherzer, Yossi Vardi and Tamir Scherzer. It operates as a Wifi Network Discovery Tool - Mobile Data Analytics. Wefi has raised $17M in funding from investors like Lightspeed Venture Partners, Pitango and WarnerMedia. The company has 18 active competitors, including 5 funded and 6 that have exited. Its top competitors include companies like Green Packet, Devicescape and Carnegie Technologies.

Company Details

Wefi`s product WeANDSF (WeFi enhanced Access Network Discovery and Selection Function) is a WiFi/cellular offloading/Onloading and best-connected solution. It is a comprehensive solution for mobile broadband in Heterogeneous Networks (HetNets) environments, supporting Wi-Fi, LTE, and all other prominent 2G/3G/4G cellular technologies. Its products analyze massive amounts of unique mobile data and deliver solutions for customers that make a significant improvement in customer experience.&nbsp.

Website: www.wefi.com/
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Key Metrics

Founded Year

2006

Location

Tel Aviv, Israel

Stage

Acquired

Total Funding

$17M in 3 rounds

Latest Funding Round

Grant (prize money), Jul 01, 2015, $*****

Investors

Lightspeed Venture Partners & 4 more

Ranked

1^st among 18 active competitors

Similar Companies

Green Packet & 27 more

Exit Details

Acquired by TruConnect (Sep 08, 2016)

View Wefi's full profile

Wefi is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
WEFI LLC CIN: 20201701421 , United States, Deadpooled	Aug 14, 2020	-	-	-

Wefi got acquired by TruConnect on Sep 08, 2016.

Click here to take a look at Wefi's acquisition in detail

Wefi has raised a total funding of $17M over 3 rounds. Its first funding round was on Aug 04, 2009. Its latest funding round was a Grant (prize money) round on Jul 01, 2015 for $*****. 1 investor participated in its latest round. Wefi has 5 institutional investors.

Here is the list of recent funding rounds of Wefi:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 01, 2015	6991495	Grant (prize money)	3481173	3947176	5592464	5469013
Jan 19, 2012	1054511	Series B	7025484	8399557	3755122	Pitango & 1 more
Aug 04, 2009	1652395	Series A	6710043	3737015	Lightspeed Venture Partners & 1 more	3209735

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View details of Wefi's funding rounds and investors

The founders of Wefi are Arnon Kohavi, Shimon Scherzer, Yossi Vardi and Tamir Scherzer.

Here are the details of Wefi's key team members:

Arnon Kohavi: Co-Founder of Wefi and founder of 1 other company.
Shimon Scherzer: Co-Founder of Wefi.
Yossi Vardi: Co-Founder of Wefi.
Tamir Scherzer: Co-Founder & Vice President R&D of Wefi.

View details of Wefi's Founder profiles and Board Members

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Top competitors of Wefi include Green Packet, Devicescape and Carnegie Technologies. Here is the list of Top 10 competitors of Wefi, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Wefi 2006, Tel Aviv (Israel), Acquired	Wifi Network Discovery Tool - Mobile Data Analytics	$17M	WarnerMedia, Lightspeed Venture Partners & 3 others	62/100
2nd	Green Packet 1999, Petaling Jaya (Malaysia), Public	Wi-fi offloading solution and wi-fi access device provider	-	Kumpulan Modal Perdana, OSK Ventures International Berhad ... Read more	51/100
3rd	Devicescape 2000, San Bruno (United States), Acquired	WiFi capability for mobile devices	$28.6M	Icon Ventures, August Capital & 4 others	44/100
4th	Carnegie Technologies 2010, San Antonio (United States), Unfunded	Numismatic database for coin values, auctions, and collector resources	-	-	35/100
5th	Accuris Networks 2003, Dublin (Ireland), Acqui-Hired	Wi-Fi offload and roaming inter-working solutions provider	$15M	Atlantic Bridge, Investec Venture Capital ... & 3 others	34/100
6th	Aptilo 2001, Stockholm (Sweden), Acquired	Manufacturer of cycling apparel, luggage, and accessories	-	Europa	32/100
7th	Rapid5 Networks 1999, Sunnyvale (United States), Deadpooled	Domain parking services facilitating domain name sales and acquisitions	$70M	Sumitomo Corporation, Meritech & 5 others	32/100
8th	Trinity Mobile Networks 2014, New Haven (United States), Series A	Multi network SDN platform with client side software	$3.87M	Draper Frontier, Ben Franklin Technology Partners ... & 7 others	31/100
9th	Azaire Networks 2003, Santa Clara (United States), Deadpooled	Network solutions	$33M	Investor Growth Capital, Rustic Canyon Partners ... & 3 others	31/100
10th	Sweratel 2011, Jonkoping (Sweden), Public	WiFi networks solution for converged billing	-	Almi Invest	26/100