Fon Overview
- Year Founded
-
2006

- Status
-
Acquired/Merged
- Employees
-
179

- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$6.58M
Fon General Information
Description
Provider of wireless internet services intended to facilitate interconnection between WiFi networks. The company's wireless internet services make managing and operating WiFi smart and simple for operators and enterprises and result in creating a globally connected WiFi network, enabling its top-tier global telco clients to get carrier-grade WiFi services in a secure, scalable and uniquely flexible way, for their customers.
Contact Information
Website
www.fon.com(Operating Subsidiary)
Corporate Office
- Calle gran vía Diego López de haro, 45
- 48011 Bilbao
- Spain
Corporate Office
- Calle gran vía Diego López de haro, 45
- 48011 Bilbao
- Spain
Fon Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
10. Merger/Acquisition | 23-Feb-2021 | $6.58M | Completed | Generating Revenue | ||
9. Merger/Acquisition | 06-Sep-2019 | Completed | Generating Revenue | |||
8. Debt - General | 20-Feb-2015 | Completed | Generating Revenue | |||
7. Later Stage VC | 20-Jan-2014 | Completed | Generating Revenue | |||
6. Product Crowdfunding | 01-Jan-2014 | Completed | Generating Revenue | |||
5. Later Stage VC | 26-Jan-2013 | Completed | Generating Revenue | |||
4. Early Stage VC | 16-Feb-2011 | Completed | Generating Revenue | |||
3. Later Stage VC (Series C) | 10-Apr-2008 | Completed | Startup | |||
2. Early Stage VC (Series B) | 13-Mar-2007 | $13M | $34.7M | Completed | Startup | |
1. Early Stage VC (Series A) | 06-Feb-2006 | $21.7M | $21.7M | Completed | Startup |
Fon Comparisons
Industry
Financing
Details
Fon Competitors (13)
One of Fon’s 13 competitors is Relay2, a Venture Capital-Backed company based in Milpitas, CA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Relay2 | Venture Capital-Backed | Milpitas, CA | ||||
GlobalReach | Formerly VC-backed | London, United Kingdom | ||||
Tanaza | Venture Capital-Backed | Milan, Italy | ||||
FreeG WiFi | Corporation | Mumbai, India | ||||
Exands | Venture Capital-Backed | Shanghai, China |
Fon Patents
Fon Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-D856317-S1 | Wireless router | Active | 20-Feb-2014 | ||
US-20150103678-A1 | Identification of user home system in a distributed environment | Inactive | 10-Oct-2013 | ||
US-20150058168-A1 | Method and system for providing a product identifier enabling smart devices to make a purchase into a third party payment platform | Inactive | 26-Aug-2013 | ||
EP-2843606-A1 | Method and system for providing a product identifier enabling smart devices to make a purchase into a third party payment platform | Inactive | 26-Aug-2013 | ||
EP-2781071-A1 | Secure tunneling platform system and method | Inactive | 14-Nov-2011 | H04L63/0892 |
Fon Signals
Fon Former Investors (16)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Allen & Company. | Investment Bank | Minority | ||
Alphabet | Holding Company | Minority | ||
Anil Hansjee | Angel (individual) | Minority | ||
Atomico | Venture Capital | Minority | ||
BT Group | Corporation | Minority |
Fon Acquisitions (1)
Fon’s most recent deal was a Merger/Acquisition with XCellAir. The deal was made on 12-Apr-2018.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
XCellAir | 12-Apr-2018 | Merger/Acquisition | Network Management Software |
Fon FAQs
-
When was Fon founded?
Fon was founded in 2006.
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Where is Fon headquartered?
Fon is headquartered in Bilbao, Spain.
-
What is the size of Fon?
Fon has 179 total employees.
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What industry is Fon in?
Fon’s primary industry is Other Communications and Networking.
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Is Fon a private or public company?
Fon is a Private company.
-
What is the current valuation of Fon?
The current valuation of Fon is
. -
What is Fon’s current revenue?
The current revenue for Fon is
. -
How much funding has Fon raised over time?
Fon has raised $77.5M.
-
Who are Fon’s investors?
Allen & Company., Alphabet, Anil Hansjee, Atomico, and BT Group are 5 of 16 investors who have invested in Fon.
-
Who are Fon’s competitors?
Relay2, GlobalReach, Tanaza, FreeG WiFi, and Exands are some of the 13 competitors of Fon.
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When was Fon acquired?
Fon was acquired on 23-Feb-2021.
-
Who acquired Fon?
Fon was acquired by Agile Content.
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