Tech Company Financing Transactions
Telness Tech Funding Round
Telness Tech secured a $5.4 million investment round on 4/4/2024. Backers included Industrifonden and JCE.
Transaction Overview
Company Name
Announced On
4/4/2024
Transaction Type
Venture Equity
Amount
$5,425,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Telecom
Mailing Address
Kungsgatan 60
Stockholm, 11122
Sweden
Stockholm, 11122
Sweden
Phone
Website
Email Address
Overview
Since the operator Telness was founded in 2016 the company's tech stack has been built with the ambition to ultimately white label its services and sell them on a SaaS model. This has resulted in a flexible and modular telco platform that can be deployed and run on any of the major cloud solutions as well as incumbent IT systems.
Management Team
Title
Name
Email & Social
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We do our best to report on tech company VC transactions. All VC database entries reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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