Wtek Overview

  • Year Founded
  • 2002

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

Wtek General Information

Description

Developer of personal safety technology designed for the oil and gas sector. The company's technology allows users to track the location of an employee on a real-time basis by delivering highly scalable RFID solutions for tracking of personnel in harsh environments, enabling energy companies to ensure worker safety and security.

Contact Information

Website
www.wtek.no
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • Ovrebo
  • Norway
Primary Industry
Other Communications and Networking
Acquirer
Identec Solutions
Vertical(s)
Oil & Gas, TMT, Internet of Things
Corporate Office
  • Ovrebo
  • Norway

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Wtek Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Merger/Acquisition 13-Dec-2007 Completed Generating Revenue
1. Seed Round Completed Generating Revenue
To view Wtek’s complete valuation and funding history, request access »

Wtek Former Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds
Skagerak Capital Venture Capital Minority
To view Wtek’s complete investors history, request access »

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Wtek FAQs

  • When was Wtek founded?

    Wtek was founded in 2002.

  • Where is Wtek headquartered?

    Wtek is headquartered in Ovrebo, Norway.

  • What industry is Wtek in?

    Wtek’s primary industry is Other Communications and Networking.

  • Is Wtek a private or public company?

    Wtek is a Private company.

  • What is Wtek’s current revenue?

    The current revenue for Wtek is .

  • Who are Wtek’s investors?

    Skagerak Capital has invested in Wtek.

  • When was Wtek acquired?

    Wtek was acquired on 13-Dec-2007.

  • Who acquired Wtek?

    Wtek was acquired by Identec Solutions.

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