Wire One Technologies
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Wire One Technologies - overview
Location
King of Prussia, PA, US
Primary Industry
Marketing/Advertising
About
Wire One Technologies is a digital solutions provider focused on enhancing online presence and operational efficiency for businesses through website hosting, domain registration, and marketing tools. Wire One Technologies specializes in delivering a range of digital solutions aimed at SMEs to improve their online operations. The company is headquartered in King of Prussia, US. It was sold to British Telecom in June 2008 for approximately USD 5 mn.
The founder's specific history and previous ventures are not publicly detailed. The company has successfully raised a total of USD 5 mn through funding rounds, with the latest being a TRADE SALE from BT Group plc. Wire One Technologies provides a comprehensive suite of digital solutions, including website hosting services, domain registration, and online marketing tools, specifically designed for small to medium-sized enterprises. Their offerings enable users to build, manage, and promote their websites effectively.
The company serves a diverse clientele across various industries, including e-commerce and professional services, and markets its products globally, particularly in North America, Europe, and Asia-Pacific. In the most recent fiscal year 2024, Wire One Technologies reported a revenue of USD 2. 38 mn, with an EBITDA of USD -4. 20 mn.
The company generates revenue through a subscription model, allowing businesses to select tailored packages that suit their operational needs, further supported by partnerships integrating its offerings into other service portfolios. Wire One Technologies is planning to launch new product offerings in the coming year, although specific release dates have not been disclosed. The company aims to expand its market presence into new geographical regions, focusing on increasing its footprint in Europe and Asia, with initiatives expected to roll out by mid-2025. The recent funding from the TRADE SALE is anticipated to be utilized for these expansion efforts, including product development and marketing strategies.
Primary Industry
Marketing/Advertising
Sub Industries
Public Relations & Communications
Website
www.wireone.com
Total Amount Raised
Subscriber access only
Wire One Technologies - timeline of key events
Wire One Technologies - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 27,806,000 | 29,070,000 | 33,454,000 | 32,156,000 | 25,541,000 | 19,218,000 | 14,799,000 | 12,557,000 | 12,827,000 | 15,333,000 | 7,739,000 | 5,476,000 | - | - | - |
| % Revenue Growth (YoY) | - | 4.5% | 15.1% | (3.9%) | (20.6%) | (24.8%) | (23.0%) | (15.1%) | 2.2% | 19.5% | (49.5%) | (29.2%) | - | - | - |
| EBITDA (USD) | 1,968,000 | 1,642,000 | 3,121,000 | 1,640,000 | 1,833,000 | (54,000) | (640,000) | (5,716,000) | (6,163,000) | (5,867,000) | (9,058,000) | (20,085,000) | - | - | - |
| Operating Income (USD) | 470,000 | (596,000) | (1,442,000) | (1,184,000) | (489,000) | (2,085,000) | (2,367,000) | (6,740,000) | (7,574,000) | (10,064,000) | (11,794,000) | (21,988,000) | - | - | - |
| Operating Margin | 1.7% | (2.1%) | (4.3%) | (3.7%) | (1.9%) | (10.8%) | (16.0%) | (53.7%) | (59.0%) | (65.6%) | (152.4%) | (401.5%) | - | - | - |
| % EBITDA Margin | 7.1% | 5.6% | 9.3% | 5.1% | 7.2% | (0.3%) | (4.3%) | (45.5%) | (48.0%) | (38.3%) | (117.0%) | (366.8%) | - | - | - |
| NET Income (USD) | 369,000 | 1,051,000 | (4,211,000) | (2,755,000) | (2,143,000) | (3,533,000) | 5,785,000 | (7,168,000) | (7,761,000) | (7,421,000) | (9,051,000) | (21,941,000) | - | - | - |
| % Net Margin | 1.3% | 3.6% | (12.6%) | (8.6%) | (8.4%) | (18.4%) | 39.1% | (57.1%) | (60.5%) | (48.4%) | (117.0%) | (400.7%) | - | - | - |
Wire One Technologies - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Wire One Technologies | - | ||||||||
| Private Debt | Completed | Wire One Technologies | - | ||||||||
| Public to Private | Completed | Wire One Technologies | - |
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Wire One Technologies - employee data
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