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Bitfone
Software solutions for wireless service providers
About Bitfone
Bitfone Corporation operated as a pivotal software provider in the mobile device management sector, carving out a specific niche before its strategic acquisition. The company was established by Gene Wang, a seasoned entrepreneur with a notable history of key roles at major software firms including Borland International and Symantec. This background in enterprise software was instrumental in shaping Bitfone's direction.
The core of Bitfone's business was providing software solutions that enabled wireless operators and handset manufacturers to manage mobile devices remotely. Its product suite was designed to automate customer care and streamline device management. The company's technology allowed for diagnosing and repairing software issues, delivering firmware updates, and pushing configuration settings over the air. This capability, known as "firmware over the air" (FOTA), was a key selling point, as it helped corporate clients reduce support costs and manage the deployment and migration of their mobile device fleets more efficiently.
Bitfone's business model targeted two primary client types: wireless operators and original equipment manufacturers (OEMs). For operators, it offered a server-side solution to manage the mobile experience for subscribers, from targeted updates to web-based self-care. For OEMs, it provided a client-side solution embedded within the devices. The company's market was the burgeoning mobile enterprise space, where businesses increasingly needed to provision, secure, and maintain a growing number of corporate-liable smartphones and handheld devices.
A significant milestone in the company’s history was its acquisition by Hewlett-Packard (HP), with the agreement announced in December 2006. At the time of the deal, Bitfone had approximately 130 employees and was integrated into HP's Personal Systems Group, specifically within the handheld business unit, to bolster HP's device management software portfolio. The acquisition was part of HP's broader strategy to expand its software and services offerings for the enterprise mobility market.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2000
- Headquarters
- San Francisco, United States
- Open positions
- None listed
- Dealroom signal
- 17.0/100
- Industry
- Enterprise Software
- Sector
- Other B2B Software
- Business model
- SaaS
- Client focus
- b2b
- Links
- Website
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Dec 2006 | $0 | — | HP | — |
| SERIES E✓Equity / VC | Jul 2006 | — | — | Qualcomm Ventures | — |
Growth signals
Latest recorded traffic for Bitfone is 0 monthly website visits.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A4 investors entered at this stage
Incubasia Ventures
Nokia Corporation
Nexit Ventures
3i Group
Series B and later7 investors entered at this stage
Motorola Solutions
KTB Ventures- SCSt. Paul Venture Capital
Noventi Ventures
Innovacom- PMPrism Venture Management
Qualcomm Ventures
Other known investors1 additional known investor
HP
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Bitfone on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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