Last deal

$5.39M
Local Amount - EUR 5M

Amount

Convertible Note

Stage

03.04.2024

Date

2

all rounds

$14.29M

Total amount

date founded

Financing round

General

About Company
Telness Tech is a cloud-based telecom solutions provider.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2020

Number of employees

Company Type

For Profit

Last funding type

Convertible Note

IPO status

Private

Description

Their Automated Digital Telco (ADT) platform runs on AWS and is designed for CSPs and MVNOs looking to enhance innovation capacity while reducing cost and complexity. The platform includes an end-to-end Digital Telco on Demand and a White-label Private Branch Exchange (PBX), continuously developed based on real customer feedback and data analysis. Telness Tech's flexible and modular telco platform can be deployed and run on any of the major cloud solutions and incumbent IT systems, making it an ideal choice for telecom companies looking to launch a digital challenger brand or retailers looking to offer their own branded PBX.
Contacts

Social url

Similar Companies
1000
ZephyrTel

ZephyrTel

ZephyrTel provides Telco cloud solutions for the global telecommunications industry.

Sector

Telecommunications Service Providers

Subsector

Telecommunications Services

Location

Austin, TX, USA
Soluno BC

Soluno BC

Soluno Business Communications AB is a cloud-based telecom services provider that focuses on corporate customers.

Sector

Telecommunications Service Providers

Subsector

Telecommunications Services

Keywords

Telecommunications

Location

Stockholm, Sweden
Aculab Cloud

Aculab Cloud

Aculab Cloud is a cloud-based telecoms platform that offers programmable telephony resources through simple high-level APIs.

Sector

Telecommunications Service Providers

Subsector

Telecommunications Services

Location

Milton Keynes, UK
Mondial Telecom

Mondial Telecom

Mondial Telecom provides telecom service solutions for operators, integrators, and resellers.

Sector

Telecommunications Service Providers

Subsector

Telecommunications Services

Location

Brussels, Belgium

Financials

Funding Rounds
2
2

Number of Funding Rounds

$14.29M

Money Raised

Their latest funding was raised on 03.04.2024. Their latest investor Industrifonden. Their latest round Convertible Note

Date 
Funding Round 
Investors 
Money Raised 
Lead 
03.04.2024
2
$5.39M
Local Amount - EUR 5M
30.06.2022
2
$8.91M
Local Amount - EUR 8.5M
Industrifonden

Industrifonden

Nordic venture capital firm Industrifonden invests in early-stage technology and life science companies with international potential.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Venture Capital, Financial Services, Finance

Location

Stockholm, Sweden

count Of Investments

184

count Of Exists

21
Co-Investors
Investors
2
0

Number of lead investors

2

Number of investors

Investor 
Lead 
Round 
Partners 
No
Convertible Note
No
Convertible Note, Series A
Industrifonden

Industrifonden

Nordic venture capital firm Industrifonden invests in early-stage technology and life science companies with international potential.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Venture Capital, Financial Services, Finance

Location

Stockholm, Sweden

count Of Investments

184

count Of Exists

21
JCE Group

JCE Group

JCE Group AB is a privately owned international investment company based in Gothenburg, Sweden.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services

Location

Gothenburg, Sweden

count Of Investments

10

Activity

Recent News
2
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

month