TELE88
About TELE88
TELE88 is a Consumer company, and was acquired by 3Com in February 1999. Online slot gaming services with low deposits in Indonesia. It operates on a B2C and B2B model. TELE88 offers products and services including Online Slots and Payment Services. Its focus areas include Entertainment, Online Gaming, Slot Games and Digital Betting. Its legal entity is TELE88 Inc.
Company details
TELE88 is identified as a platform for online slot games where low deposits of 5,000 IDR are accepted, enabling access to various games. Providers such as Pragmatic Play and Habanero are included, allowing a range of slot experiences to be offered. The site is positioned for players in Indonesia, with multiple payment methods like pulsa and e-wallets being supported for transactions. It is noted for providing opportunities in digital gaming without requiring large investments.
- Stage Acquired
- SectorsConsumer
- Website nbxgroup.com
- Acquired by 3Com (Feb 1999)
- Legal Name Tele88 Inc
- InvestorsBessemer Venture Partners
& 1 more
- Acquired by3Com
(Feb 1999)
Products & Services of TELE88
TELE88 offers a comprehensive portfolio of products and services, including Online Slots and Payment Services.
Online slot games are provided with low deposit requirements for players.
Various payment options are integrated to facilitate deposits and gameplay.
Funding Insights of TELE88
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of TELE88 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 1997 | Series A | – | – |
2 investors in total: 2 institutional.
Investors in TELE88
TELE88 has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Bessemer Venture Partners and 3Com.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
Networking hardware and security systems are supplied for enterprise use. | 1978 | 3com.com | Marlborough, United States |
Investor details for TELE88
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of TELE88
2 dated milestones of TELE88 across 2 years, from founding to its latest funding, stage changes and deals.
- Funding First funding round.
- Exit Acquired by 3Com.
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Frequently Asked Questions about TELE88
TELE88 is identified as a platform for online slot games where low deposits of 5,000 IDR are accepted, enabling access to various games. Providers such as Pragmatic Play and Habanero are included, allowing a range of slot experiences to be offered. The site is positioned for players in Indonesia, with multiple payment methods like pulsa and e-wallets being supported for transactions. It is noted for providing opportunities in digital gaming without requiring large investments.
TELE88 offers Online Slots and Payment Services.
TELE88 has 2 investors. Key investors include Bessemer Venture Partners, and 3Com.
TELE88 operates through Tele88 Inc.
Yes. TELE88 was acquired by 3Com in February 1999.