Kwikbit Internet Overview
- Year Founded
-
2008
- Status
-
Private
- Employees
-
27
- Latest Deal Type
-
Debt - PPP
- Latest Deal Amount
-
$841K
- Investors
-
1
Kwikbit Internet General Information
Description
Provider of indoor and outdoor distribution network services intended to offer connectivity systems for small cell backhaul, fiber extension, and enterprise connectivity. The company's services include the provision of Non-Line-of-Sight backhaul and other engineering services for 4G networks, also providing operators unprecedented flexibility in bringing high-performance network access to areas where fiber and microwave are neither practical nor feasible, enabling network operators to scale 4G feasibly to scale small cell networks.
Contact Information
Website
www.kwikbit.com
Formerly Known As
MAX4G
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Telecommunications Service Providers
Other Industries
Wireless Communications Equipment
Primary Office
- 7801 East Bush Lake Road
- Suite 300
- Minneapolis, MN 55439
- United States
+1 (952) 000-0000
Kwikbit Internet Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Debt - PPP | 25-Jan-2021 | $841K | 00.000 | Completed | Generating Revenue | |
| 4. Later Stage VC (Series C) | 22-Nov-2017 | 00.000 | 00.000 | 000.00 | Completed | Generating Revenue |
| 3. Later Stage VC (Series C) | 25-Nov-2015 | 00.000 | 00.000 | 000.00 | Completed | Generating Revenue |
| 2. Angel (individual) | 05-Sep-2013 | $2.5M | $4.5M | 0000 | Completed | Generating Revenue |
| 1. Angel (individual) | 15-Mar-2012 | $2M | $2M | 000 | Completed | Generating Revenue |
Kwikbit Internet Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | 00,000,000 | 00.000000 | 00 | 00 | 00 | 00 | 00.000 | |
| Series B | 0,000,000 | 00.000000 | 00.0 | 00.0 | 00 | 00.0 | 00.000 | |
| Series A | 10,000,000 | $0.001000 | $0.2 | $0.2 | 1x | $0.2 | 41.56% |
Kwikbit Internet Patents
Kwikbit Internet Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20140362785-A1 | Mapping via back to back ethernet switches | Inactive | 05-Jun-2013 | 000000000 | 0 |
| US-20140362786-A1 | Fixed wireless communication with capacity enhanced dynamic power control | Inactive | 05-Jun-2013 | 0000000000 | 0 |
Kwikbit Internet Executive Team (7)
Kwikbit Internet Board Members (5)
| Name | Representing | Role | Since |
|---|---|---|---|
| Asim Baig | Self | Board Member | 000 0000 |
| Erwin Kelen | Self | Board Member | 000 0000 |
| Joseph Costello | Kwikbit Internet | Chief Executive Officer & Chairman | 000 0000 |
| Khurram Sheikh | Self | Co-Founder, Chief Executive Officer & Board Member | 000 0000 |
| Ronald Eibensteiner | Self | Board Member | 000 0000 |
Kwikbit Internet Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Kwikbit Internet Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Asim Baig | Angel (individual) | Minority | 000 0000 | 000000 0 |