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 Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Recapitalisation | Completed | Webair Internet Development Co., Inc. | - |
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