Tech Company Financing Transactions
Telensa Funding Round
Telensa, based in Atlanta, raised $18 million in funding from Environmental Technologies Fund and Silicon Valley Bank.
Transaction Overview
Company Name
Announced On
1/20/2016
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$18,000,000
Round
Undisclosed
Investors
Environmental Technologies Fund (Patrick Sheehan)
Silicon Valley Bank (Andrew Hunter)
Proceeds Purpose
It will be used to support expansion to meet growing demand in the smart cities market.
Company Information
Company Status
Acquired or Merged
Industry
Wireless
Mailing Address
1200 Abernathy Rd. Building 600 17th Floor
Atlanta, GA 30328
USA
Atlanta, GA 30328
USA
Phone
Website
Email Address
Overview
Fundamental to Telensa's success is its Low Power Wide Area (LPWA) Ultra Narrow Band (UNB) radio system, which has the unique combination of low cost, long range, long battery life and 2-way communication for massive numbers of devices.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Martin McNair
Chief Executive Officer
William Gibson
Chief Financial Officer
John Martyn
Chief Technical Officer
Timothy Jackson
VP - Bus. Development
William Gibson
VP - Sales
Sue Thexton
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