Webair Internet Development Co., Inc.

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Webair Internet Development Co., Inc. - overview

Established

1996

Location

Garden City, NY, US

Primary Industry

Software

About

Webair Internet Development Co. , Inc. specializes in comprehensive internet solutions, focusing on enhancing user experiences through innovative technologies and operational efficiencies across various sectors. Founded in 1996, Webair Internet Development Co.


, Inc. is based in Garden City, US. The company has engaged in one significant funding deal, with the most recent transaction occurring on January 11, 2021, when Crest Rock Partners recapitalized the company for a majority stake. The company's leadership includes CEOs Bill Bancroft and Paul Butcher.


Webair is launching innovative products aimed at addressing emerging market needs, with a focus on enhancing user experience and operational efficiency. While specific product functionalities are not disclosed, the company targets individual consumers and businesses, with a geographical focus on North America, Europe, and Asia. Webair's revenue model includes direct-to-consumer sales and business-to-business partnerships, facilitated through established pricing plans. Clients engage via subscription services for ongoing access to flagship products tailored to industry requirements, while partnerships with retailers and wholesalers enable broader market access and efficient distribution channels.


Following the recapitalization in January 2021, Webair plans to leverage funding to support the launch of new products and expand into new markets. The company is targeting increased penetration in North America, Europe, and Asia, with specific release dates for upcoming products yet to be announced.


Current Investors

Crest Rock Partners

Primary Industry

Software

Sub Industries

IT Infrastructure, Storage Management Software

Website

www.webair.com

Verticals

Cloud Computing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Webair Internet Development Co., Inc. - 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)
RecapitalisationCompletedWebair Internet Development Co., Inc.-

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