5BARz International Inc.
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5BARz International Inc. - overview
Established
2008
Location
Seattle, WA, US
Primary Industry
Telecoms
About
5BARz International Inc. focuses on providing innovative cellular connectivity solutions, particularly through their 5BARz™ Network Extender, which enhances signal strength to ensure reliable communication for users in various environments. 5BARz International Inc. develops cellular connectivity solutions, with headquarters in Seattle, US.
Founded in 2008, the company has undergone strategic shifts to address market needs. It raised a total of USD 3. 5 mn in a PIPE funding round in November 2014 from New Ground Ventures. The founder's background details are not specified in the available information.
5BARz India Private Limited specializes in innovative cellular connectivity solutions, highlighted by the 5BARz™ Network Extender. This device enhances weak cellular signals from one bar to five bars for seamless connectivity in residential and commercial settings. Operating on a plug-and-play model, it simplifies installation and caters to various markets, including India, targeting both individual users and cellular operators with a focus on reliable and quality connectivity. In 2017, 5BARz India reported revenue of USD 2,329 mn, with an EBITDA of USD -4,330,048.
In November 2014, 5BARz International Inc. raised USD 3. 5 mn, which is expected to support the development of new products and expansion into additional markets. The company aims to enhance its product line and establish a presence in other regions to broaden its market impact.
Current Investors
New Ground Ventures
Primary Industry
Telecoms
Sub Industries
Public Relations & Communications, Telecoms Equipment, Telecoms Providers & Services
Website
www.5barz.com
Total Amount Raised
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5BARz International Inc. - financials
| Fiscal Year Ended | Dec 31, 2009 | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | - | - | - | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | - | - | - |
| EBITDA (USD) | (16,188) | (28,924) | (803,637) | (2,227,919) | (3,289,757) | (9,113,139) | - | - | - |
| Operating Income (USD) | (16,421) | (29,099) | (804,106) | (2,364,336) | (3,300,269) | (9,395,775) | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - |
| % EBITDA Margin | - | - | - | - | - | - | - | - | - |
| NET Income (USD) | (19,220) | (29,122) | (781,147) | (2,027,393) | (2,296,600) | (9,740,236) | - | - | - |
| % Net Margin | - | - | - | - | - | - | - | - | - |
5BARz International Inc. - employee data
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