• August 4th, 2009

    WeFi's Directory Nearly 30 Million WiFi Hotspots Strong, Raises More Funding

    Lightspeed Venture Partners and Pitango Venture Capital are pouring more capital into WeFi, operator of a global, community-based network of WiFi hotspots, in an undisclosed Series B round of funding and following an earlier round by both investors secured back in May 2007. The follow-up financing was provided to support WeFi’s business and financial needs, and according to the release is being allocated toward expanding development, marketing efforts, and strengthening unspecified partnerships.

    The WeFi community so far has mapped over 30 million WiFi access points, and counting. Next to this directory and the community formed around it, the startup boasts a free software program that allows users to automatically connect to WiFi locations wherever they are. → Read More

    June 17th, 2007

    WeFi: An Easier Way Of Finding WiFi

    WeFi is aiming to deliver a better outside internet experience by making WiFi as easy to use as a cell phone. WeFi was founded 18 months ago by Yossi Vardi, (formerly with ICQ), Arnon Kohavi and Shimon Scherzer. The company is headquartered in Mountain View, with an R&D center in Tel Aviv, Israel and has funding of $7.35million from Lightspeed Ventures, Pitango and Gemini. The concept is simple: to offer a true internet experience outside the house, people need WiFi. However finding free WiFi can be difficult, which is where WeFi wants to step in. The WeFi client replaces the Windows connection manager and finds and connects to free WiFi hotspots. The location of free hotspots is displayed on a map that also shows the location of other WeFi users. The maps are regularly updated as users discover and connect to WiFi. This is delivered without changing or modifying access points, delivering a complementary service to other WiFi sharing initiatives such as fon. The mapping function is initially user generated. Users are encouraged to mark their location on a map and add spots to the map. WeFi can then ascertain the location of that user based on the known location of one of the hotspots that the WeFi client sees, without the need to be connected to it. It’s a solid concept that will have a strong appeal in the United States, the land of the free WiFi hotspot. The idea of presence based social networking seems like an unnecessary distraction, but in the age of Lifestreaming and Twitter it will appeal to some. The service is currently in private beta and will be opened to the public Wednesday. The following week, WeFi will announce Twitter support that will allow WeFi users to automatically notify their friends via Twitter the location and name of the network they are connected to. → Read More

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