What is Telness Tech?
Telness Tech is the innovative software company behind Europe's highest-rated MVNO (Mobile Virtual Network Operator), boasting a 4.9/5 rating on Trustpilot. Founded in 2016, Telness Tech empowers MVNOs and other telecommunications firms to deploy streamlined, customer-centric solutions. Their platform is designed to maximize customer satisfaction while minimizing operational expenditures through advanced automation, positioning them as a key player in modernizing the telecom industry.
How much funding has Telness Tech raised?
Telness Tech has raised a total of $14.3M across 2 funding rounds:
Series A
$8.9M
Other Financing Round
$5.4M
Series A (2022): $8.9M with participation from Industrifonden and JCE Group
Other Financing Round (2024): $5.4M led by Industrifonden and JCE Group
Key Investors in Telness Tech
Industrifonden
Industrifonden is a Swedish venture capital fund that invests in unique, scalable innovations aimed at improving society through breakthrough technologies and science. The fund focuses on areas such as deep tech, life sciences, and transformative tech, partnering with passionate founders to bring their ideas to life.
JCE Group
JCE Group is a specialist provider of Ex and industrial control systems, along with off-grid renewable power solutions designed for industrial, commercial, marine, and hazardous environments. Their product offerings include ATEX and IECEx certified hybrid renewable power systems, solar panels, battery systems, and custom control systems.
What's next for Telness Tech?
The recent major strategic investment signals a new phase of accelerated growth and development for Telness Tech. This capital infusion is expected to fuel further innovation in their software solutions, potentially expanding their market reach and enhancing their competitive edge. The company is poised to leverage this financial backing to solidify its leadership in providing automated, high-efficiency platforms for telecom operators, driving further adoption and market penetration.
See full Telness Tech company page
