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WebHancer

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Internet performance management solutions

Ottawa, CanadaFounded 1999Kids
Total funding $10–50M Disclosed equity funding
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About WebHancer

Founded in 1999, WebHancer was a Canadian internet intelligence company that specialized in providing web analytics and customer intelligence solutions for online enterprises. The company, based in Ottawa, developed services to produce data and reports on both internal site and competitor customer activities. WebHancer's core technology involved a 'global desktop panel,' consisting of millions of PCs with its client software installed. This software would run in the background, recording user browser behavior and tracking website performance to provide analytical insights. The tool operated as a Browser Helper Object (BHO) that integrated with Internet Explorer and as a Winsock layered service provider (LSP), collecting data on web-browsing activity and sending it to WebHancer's servers.

The company's business model focused on offering these performance analysis services to corporate clients, enabling them to make data-driven decisions to enhance user experience and optimize their online presence. One of its key clients was Microsoft, which utilized WebHancer's services to gauge its own online performance against that of its competitors. The company's offerings included web analytics, user behavior tracking, and conversion optimization tools. Over its lifetime, WebHancer secured $13.5M in funding from investors including Capital Alliance Ventures, Jefferson Partners, and McLean Watson Capital.

In May 2006, Microsoft announced its acquisition of WebHancer for a reported sum of up to $10 million, a move approved by the privately held company's shareholders. Following the acquisition, WebHancer became a subsidiary of Microsoft. The company is now considered deadpooled as its operations were absorbed into Microsoft.

Source: Dealroom company data

At a glance

Founded
1999
Headquarters
Ottawa, Canada
Sector
Kids

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Skypoint Capital

Series A1 investor entered at this stage

  • McLean Watson Capital
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Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇦 Canada · Ottawa HQ
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Market sentiment

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