Rimoto

Company Overview

Snapshot

Founded in January 2014 by Shashin Shah, Almog Baku, and Yehuda Elmaliach, Rimoto operates with 1–10 employees. The company raised $520K across four funding rounds. In October 2015, Rimoto won the WIT Start-Up Pitch.

Business overview

Rimoto develops a data sponsorship platform that enables app providers to sponsor mobile data consumed by their applications. This technology allows apps to be accessible to international travelers for free, aiming to increase user engagement by removing data roaming friction. The company partners with mobile carriers globally to provide app developers with an SDK backed by a cloud-based sponsored data middleware, operating within the Business Software sector, specifically in Advertising Platforms.

Strategic signal

In October 2015, Rimoto secured a significant industry validation by winning the WIT Start-Up Pitch. This achievement highlighted the company's innovative approach to mobile data sponsorship and its potential to disrupt the travel tech and mobile advertising sectors, signaling strong early market recognition and strategic potential to investors.

Company Intelligence Q&A

What is Rimoto's primary business?

Rimoto provides a data sponsorship platform for app providers, allowing them to cover the mobile data costs for users consuming their apps, particularly for international travelers.

When was Rimoto founded and by whom?

Rimoto was founded in January 2014 by Shashin Shah, Almog Baku, and Yehuda Elmaliach.

What significant recognition did Rimoto receive in 2015?

In October 2015, Rimoto won the WIT Start-Up Pitch, acknowledging its innovative solution for mobile data sponsorship.

What was a key partnership for Rimoto in 2015?

In October 2015, Mogae Media partnered with Rimoto of Israel for affiliate marketing on mobile, expanding Rimoto's reach in the mobile advertising space.

What is the company's operational status?

Rimoto is currently non-active, having ceased operations in August 2020.