Hi-Wired

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Hi-Wired - overview

Established

2004

Location

Needham, MA, US

Primary Industry

Business Support Services

About

Hi-Wired provides innovative technology solutions that enhance connectivity and streamline communication for businesses. Their services cater to a diverse range of sectors, focusing on productivity and collaboration through tailored software solutions. Hi-Wired, founded in 2004 in Needham, US, specializes in technology support services for Internet Service Providers (ISPs). The company was acquired by Radialpoint on January 29, 2009, integrating Hi-Wired's solutions into Radialpoint's managed service offerings.


The founder's history is not publicly detailed, nor are there mentions of subsidiaries. Hi-Wired specializes in providing innovative technology solutions designed to enhance connectivity and streamline communication for businesses across various sectors. Their core product offerings include a comprehensive suite of communication tools, cloud-based services, and customized software solutions tailored to meet the specific needs of their clients. The company focuses on solving end-user challenges related to productivity, collaboration, and data management.


Hiwired's products are utilized by a diverse client base, including small to medium-sized enterprises (SMEs) and larger corporations, primarily in the North American and European markets, where the demand for advanced digital communication tools is growing rapidly. Their solutions have been particularly effective in industries such as healthcare, finance, and education, addressing unique operational demands while improving overall efficiency. The revenue model of Hiwired is anchored in a subscription-based structure that allows clients to access their suite of services on a recurring basis. This transactional framework typically involves monthly or annual fees depending on the specific products and services selected by the client.


Partnerships with technology providers and integration services further bolster their revenue through collaborative offerings. Hiwired’s flagship product, which integrates communication and workflow management, is priced competitively within the market, allowing them to attract a wide range of clients looking to enhance their operational capabilities. The direct-to-consumer approach, coupled with strategic B2B partnerships, enables the company to foster long-term relationships with their clientele, ensuring consistent revenue streams while adapting to evolving market needs. Hi-Wired intends to leverage recent funding to enhance its product offerings and broaden market reach.


The firm is developing new products aimed at improving digital communication tools, with plans for a launch in the upcoming quarters. The company is also exploring expansion into additional regions in North America and Europe, targeting completion of these efforts by late 2023. The integration with Radialpoint will support these initiatives by creating new revenue streams through expanded service offerings.


Current Investors

Radialpoint

Primary Industry

Business Support Services

Sub Industries

Consulting Services, Conferencing Software

Website

www.hiwired.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Hi-Wired - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedHi-Wired-

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