Webbing, Inc.
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Webbing, Inc. - overview
Established
2010
Location
Petach-Tikva, -, Israel
Primary Industry
Telecoms
About
Based in Petach-Tikva, Israel, and founded in 2010, Webbing, Inc. operates as a mobile virtual network operator with connectivity that specializes in embedded subscriber identity module technology for enterprise mobility and the Internet of Things space. In August 2023, Wireless Logic Limited, a portfolio company of Montagu Private Equity, agreed to acquire Webbing, Inc. for approximately USD 200 million.
Webbing, Inc. provides global connectivity and IoT solutions specializing in providing critical IoT services for public safety and business needs, generating significant economic benefits for businesses, enabling remote workforce connectivity, and providing fixed wireless access. The company provides modern technologies that are efficient, centralized, and easily expandable for implementing, managing, supervising, and improving data utilization across an organization's global group of devices.
Current Investors
Wireless Logic Limited
Primary Industry
Telecoms
Sub Industries
Internet Service Providers, Telecoms Providers & Services
Website
www.webbingsolutions.com
Verticals
IoT (Internet of Things)
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Webbing, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Webbing, Inc. | - |
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Webbing, Inc. - employee data
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