Tech Company Financing Transactions

OneWeb Funding Round

On 3/19/2019, OneWeb raised $1.3 billion in funding from SoftBank Group, Government of the Republic of Rwanda and Grupo Salinas.

Transaction Overview

Company Name
Announced On
3/19/2019
Transaction Type
Venture Equity
Amount
$1,250,000,000
Round
Undisclosed
Proceeds Purpose
OneWeb CEO Adrian Steckel said the new money makes OneWeb's service inevitable as the heavily capitalized startup prepares for the large-scale production and launch of a first-generation constellation of 648 satellites.

Company Information

Company Status
Acquired or Merged
Industry
Telecom
Mailing Address
7900 Tysons 1 Pl. 14th Floor
McLean, VA 22102
USA
Phone
Undisclosed
Email Address
Overview
OneWeb can address the most demanding global connectivity challenges and sudden infrastructure crises. Those affected by hurricanes, earthquakes and refugee situations are often abruptly without infrastructure -- OneWeb will bridge these gaps providing instantly deployable connectivity or long-term access solutions.
Profile
OneWeb LinkedIn Company Profile
Social Media
OneWeb Company Twitter Account
Company News
OneWeb News
Facebook
OneWeb on Facebook
YouTube
OneWeb on YouTube

Management Team

Title
Name
Email & Social
Chairman
Gregory Wyler
  Gregory Wyler LinkedIn Profile  Gregory Wyler Twitter Account  Gregory Wyler News  Gregory Wyler on Facebook
Chief Executive Officer
Adrian Steckel
  Adrian Steckel LinkedIn Profile  Adrian Steckel Twitter Account  Adrian Steckel News  Adrian Steckel on Facebook
Chief Financial Officer
Thomas Whayne
  Thomas Whayne LinkedIn Profile  Thomas Whayne Twitter Account  Thomas Whayne News  Thomas Whayne on Facebook
Chief Information Officer
Vikas Grover
  Vikas Grover LinkedIn Profile  Vikas Grover Twitter Account  Vikas Grover News  Vikas Grover on Facebook
VP - Bus. Development
Nicolas Zibell
  Nicolas Zibell LinkedIn Profile  Nicolas Zibell Twitter Account  Nicolas Zibell News  Nicolas Zibell on Facebook
VP - Finance
Steven Fay
  Steven Fay LinkedIn Profile  Steven Fay Twitter Account  Steven Fay News  Steven Fay on Facebook
VP - General Counsel
Stephen Chernow
  Stephen Chernow LinkedIn Profile  Stephen Chernow Twitter Account  Stephen Chernow News  Stephen Chernow on Facebook
VP - Human Resources
Heidi Dillard
  Heidi Dillard LinkedIn Profile  Heidi Dillard Twitter Account  Heidi Dillard News  Heidi Dillard on Facebook
VP - Product Management
Larry Alder
  Larry Alder LinkedIn Profile  Larry Alder Twitter Account  Larry Alder News  Larry Alder on Facebook


 

 

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About Database of VC Transactions

Our team works diligently to report on tech company VC transactions. VC investment data records reported here are derived from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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