BandwidthX

BandwidthX

A market where both mobile operators and internet service providers can define their value for capacity in real time.

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DateInvestorsAmountRound
-investor investor investor

€0.0

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Acquisition
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD202020212022
Revenues000000000000
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Dealroom estimates

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BandwidthX, established in 2011 by Pertti Visuri, operated as a technology firm specializing in the optimization of wireless networks through cloud-based solutions. Visuri, who holds a Ph.D. in Engineering Physics and a business degree, brought over 25 years of experience in high-technology solutions to the company. The firm's core business was centered on a marketplace model designed to enhance the capacity and coverage of data networks for its clients, which were primarily Mobile Network Operators (MNOs) and Wi-Fi Internet Service Providers (ISPs). In November 2023, the company's mobile network optimization technologies were acquired by Aglocell, a global provider of telecommunications solutions.

The company's flagship product was BxMarket, a cloud-based platform that functioned as a marketplace for data capacity. This business-to-business solution enabled MNOs to manage data demand by purchasing unused Wi-Fi capacity from network service providers in real-time. The platform facilitated this exchange by allowing both buyers and sellers to define their value for data capacity, and then automatically matching them when their values aligned. This model was designed to offer CapEx and OpEx savings for operators while improving connectivity for mobile subscribers. Initially focused on Wi-Fi, BandwidthX later expanded its services to include cellular capacity (LTE and 5G) with the introduction of its Xpacity platform. The company's solutions included features like real-time pricing algorithms, authentication, data usage tracking, and quality of service maintenance. BandwidthX also collaborated with Syniverse to support the Syniverse Mobile Marketplace, providing dynamic pricing and advanced connection management services.

Throughout its operation, BandwidthX received recognition from industry groups such as the GSMA 100, and won awards from the Wireless Broadband Alliance in 2013 and 2015. The company secured funding in two seed rounds in 2016 from institutional investors including Orange Ventures, Crescent Ridge Partners, and Keshif Ventures. The acquisition by Aglocell was a strategic move to integrate BandwidthX's network optimization algorithms and software solutions to enhance Aglocell's capabilities in spectrum management and bandwidth allocation.

Keywords: network optimization, wireless network, data capacity marketplace, mobile network operators, Wi-Fi service providers, BxMarket, Xpacity platform, bandwidth allocation, spectrum management, mobile data traffic, real-time pricing, connection management, telecommunications solutions, data offloading, CapEx savings, OpEx savings, cellular capacity, LTE, 5G, Wi-Fi optimization, network utilization, Aglocell acquisition, Pertti Visuri

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