Kwikbit Internet Overview

  • Year Founded
  • 2008

Year Founded

  • Status
  • Private

  • Employees
  • 27


  • Latest Deal Type
  • Debt - PPP

  • Latest Deal Amount
  • $841K

  • Investors
  • 1

Kwikbit Internet General Information


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

Formerly Known As
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

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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
To view Kwikbit Internet’s complete valuation and funding history, request access »

Kwikbit Internet Cap Table

Stock # of Shares
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%
To view Kwikbit Internet’s complete cap table history, request access »

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)

Name Title Board Seat Contact Info
Joseph Costello Chief Executive Officer & Chairman
Vladimir Kelman Co-Founder, President, Chief Technology Officer & Board Member
Kyle Krug Co-Founder & Vice President of Marketing and Business Development
Khurram Sheikh Co-Founder, Chief Executive Officer & Board Member
You’re viewing 4 of 7 executive team members. Get the full list »

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
To view Kwikbit Internet’s complete board members history, request access »

Kwikbit Internet Signals

Growth Rate

0.80% Weekly
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


Similarweb Unique Visitors


Majestic Referring Domains


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Kwikbit Internet Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Asim Baig Angel (individual) Minority 000 0000 000000 0
To view Kwikbit Internet’s complete investors history, request access »