Eleven Sells Business Center Division to Scale Rapidly Growing SaaS Solution
April 4, 2016 10:33am
The sale enables Eleven to focus on international growth of its market-leading central authentication platform for guest Wi-Fi
4/4/16, Portland, Ore. – Eleven, the hospitality industry’s leading cloud-based platform for managing guest Internet, has sold its business center managed services division to Nashville-based Uniguest. The move enables Eleven to focus solely on the growth of its software business.
Eleven will leverage the capital from the sale to fuel its ElevenOS platform growth by scaling its software engineering, sales, partner development and operations. ElevenOS enables delivery of free Wi-Fi, tiered bandwidth, billing and authentication, intuitive portal pages, advanced conference Wi-Fi management, and advanced analytics.
Founded in 2001, Eleven launched the hospitality industry’s first central authentication platform across the earliest Wi-Fi networks. For the past 15 years, Eleven has delivered 99.9+% reliability and sustained annual SaaS recurring revenue growth every year. Last month, Eleven was recognized as one of the top 20 most promising wireless solutions by CIOReview.
Eleven’s customers include major hotel and cruise line brands and their growing network of partners are delivering the ElevenOS platform across hospitality, cruise, multi-dwelling units (MDU), retail, and healthcare markets. Partners range from small network providers to large cable and telecom operators, including a recently announced partnership with Telus, Canada’s fastest growing telecom company.
The ElevenOS platform integrates with leading hardware from Nomadix, Cisco, Ruckus, HP and others. Eleven works directly with these product teams to ensure a seamless and reliable experience. These integrations enable non-technical staff to easily provision tiered Internet, customize captive portal pages, and offer advanced network features to their meetings and conventions. All of this is achieved through a simple and intuitive web interface, across a variety of network hardware and software. The new Eleven Hotspot 2.0 solution makes it easy for large and small brands alike to offer their guests automatic and secure Wi-Fi connectivity, including private networks to connect their devices to each other.
“Eleven has long established itself as the hospitality industry’s #1 platform for guest Internet, with a growing footprint of thousands of properties,” noted Dan Meub, CEO of Eleven. “This opportunity provides Eleven both the resources and the focus it needs to scale our platform in five core vertical markets around the world. We are excited about the path ahead, and look forward to continuing our success.”
Eleven is a cloud-based software company that provides the industry’s leading central authentication platform, ElevenOS. With ElevenOS, businesses can identify and engage guests via their Wi-Fi connection. The dynamic platform also simplifies guest Internet management and monetization across multiple devices, properties and service providers. ElevenOS is an open platform featuring integrations and partnerships with leading network hardware and service providers, as well as leading global brands and management companies. Founded in 2001, Eleven serves thousands of hotels, ships, and other guest serving properties, as well as more than 9 million guests every month. For more information, visit www.elevenwireless.com.
Contact: Bridget Werba
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