iBAHN
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iBAHN - overview
Established
2002
Location
Salt Lake City, UT, US
Primary Industry
Telecoms
About
iBAHN provides internet connectivity solutions primarily for the hospitality and commercial sectors, enhancing guest experiences with reliable high-speed internet access services in hotels, conference centers, and public spaces. Founded in 2002 by Arnon Levy, iBAHN specializes in high-speed internet access solutions for the hospitality industry. The company is headquartered in Salt Lake City, US, and has undergone five significant funding deals, with the most recent being a USD 6. 000 mn round from investors Pilot House Ventures and Sevin Rosen Funds on February 14, 2011.
iBahn specializes in providing high-quality internet connectivity solutions, primarily focusing on the hospitality and commercial sectors. Their core offerings include high-speed internet access (HSIA) services, designed to enhance guest experiences in hotels, conference centers, and public spaces. The company integrates robust network infrastructure that allows seamless connectivity for guests, addressing the demand for reliable internet services in today’s digital age. iBahn's client base includes major hotel chains, convention centers, and businesses looking to improve their online services and connectivity.
Geographically, their products are deployed in numerous markets across North America, Europe, and parts of Asia, catering to a diverse range of end users from leisure travelers to corporate clients seeking efficient networking solutions. iBahn’s revenue model revolves around subscription-based services, primarily targeting businesses and institutions within the hospitality industry. Clients typically engage with iBahn through service agreements, which may include multi-year contracts for continuous internet access, maintenance, and support. The pricing structure is designed to accommodate different client needs, often varying based on the scale of deployment and specific service level agreements.
Flagship services provide comprehensive connectivity solutions, which are contracted on a recurring basis, thereby establishing a steady revenue stream from hotels and corporate entities. This transactional framework emphasizes long-term partnerships with clients, ensuring consistent service delivery and satisfaction. Looking ahead, iBAHN is focused on expanding into new geographic markets and enhancing its product offerings. With recent funding of USD 6.
000 mn, the company plans to invest in the development of innovative connectivity solutions tailored for emerging hospitality trends. Specific regions targeted for expansion include key markets in Asia and Europe by 2013. The funds will also be utilized to strengthen their existing infrastructure and enhance service delivery for current clients.
Current Investors
Sevin Rosen Funds, Pilot House Ventures, VantagePoint Capital
Primary Industry
Telecoms
Sub Industries
Telecoms Providers & Services, Internet Service Providers
Website
www.ibahn.com
Verticals
FinTech
Company Stage
Series D
Total Amount Raised
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