Fon is a pioneering technology arm of Fon that specializes in simplifying WiFi management and operation for operators and enterprises. With a focus on software-based solutions, the company aims to provide secure, scalable, and flexible carrier-grade WiFi services, ensuring a superior WiFi experience for their clients' customers. Fon has established itself as a trusted WiFi software provider for global telcos such as Deutsche Telekom Group, SoftBank, Telstra, and Vodafone Group.
Founded in 2006 and headquartered in Spain, Fon has been instrumental in creating the world's largest WiFi community, boasting over 21 million hotspots. The company has developed expertise in seamlessly connecting people through aggregating residential and public WiFi footprints and facilitating interconnection between WiFi networks. Notable clients include AT&T, British Telecom, Eurona, KPN, Proximus, Travel Club, and Virgin Mobile.
The company's last investment of $5.68M in Debt Financing took place on 20 February 2015, with participation from Deutsche Telekom Capital Partners, Qualcomm Ventures, Soda Rock Partners, and Deutsche Telekom Strategic Investments.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Debt Financing | $5.68M | 4 |
|
20 Feb 2015 |
| Venture Round | $14.00M | 1 |
|
20 Jan 2014 |
| Venture Round | €30.00M | 1 |
|
01 Apr 2013 |
| Venture Round | €10.00M | 1 |
|
16 Feb 2011 |
| Series C | €6.00M | 6 |
|
10 Apr 2008 |
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