TeleStax

Austin, United States Founded: 2011 • Age: 15 yrs Acquired By Mavenir
Open source platforms for real-time communication applications are provided.

About TeleStax

TeleStax is a Technology company based in Austin (United States) founded in 2011 by Smita Saha, and was acquired by Mavenir in August 2021. Open source platforms for real-time communication applications are provided. TeleStax has raised $7.93 million across 3 funding rounds from investors including Mavenir and Live Oak Ventures. Its Indian entity Telestax Software Solutions India Private Limited reported revenue of β‚Ή1.30 Cr. Its focus areas include Enterprise Applications, Customer Success Management and CPaaS. Its competitors include RingCentral, Avaya and Vonage; 3 of its 3 listed competitors have raised funding.

Company details

TeleStax was founded in 2011 in Austin, United States, within the telecommunications sector. An open source platform is offered to enable the development and deployment of real-time communication applications. Business communications and collaboration solutions are supported for organizations. The Restcomm middleware is utilized by enterprises, systems integrators, OEMs, and VARs to implement extensible communication systems. Operations focus on middleware-based services for scalable deployments.

  • Headquarters Austin, United States
  • Founders Smita Saha
  • Stage Acquired
  • Sectors
    Technology
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website telestax.com
  • Social LinkedIn X Facebook
  • Acquired by Mavenir (Aug 2021)
  • Legal Name Telestax Software Solutions India Private Limited
  • Date of Incorporation 20 Sep, 2018
  • Jurisdiction Kalyani Nagar, Pune, Maharashtra, India
Key Metrics
  • Indian entity revenue
    ₹1.30 Cr

    FY 2020 · +255% YoY

  • Indian entity net loss
    -₹2.7 Lakh

    FY 2020 · -2% margin

  • Indian entity EBITDA
    -₹2.4 Lakh

    FY 2020 · -2% margin

  • Total Equity Funding
    $7.93M (USD)

    in 3 rounds

  • Latest Funding Round
    $2.39M (USD), Series A

    Feb 2019

  • Investors
    Mavenir

    & 1 more

  • Acquired by
    Mavenir

    (Aug 2021)

Funding Insights of TeleStax

TeleStax has successfully raised a total of $7.93M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.39 million completed in February 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $7.93M
  • Total Rounds 3
  • Last Round Series A β€” $2.39M
  • First Round $810,000

    (Oct 2015)

  • Investors Count 1

All 3 funding rounds of TeleStax with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2019$2.39MSeries A––
–
Jul 2017$4.73MSeries A––
Oct 2015$810,000Seed––
–
Valuation history

2 investors in total: 2 institutional.

Investors in TeleStax

TeleStax has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Mavenir and Live Oak Ventures.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital fund investing across early-stage tech startups
liveoak.vcAustin, United States
Multi-access edge networking computing platform is provided for mobile services.
2005mavenir.comRichardson, United States
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Investor details for TeleStax

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Board of directors of Telestax Software Solutions India Private Limited (TeleStax)

Telestax Software Solutions India Private Limited is the primary company behind TeleStax. The board of Telestax Software Solutions India Private Limited currently have 2 directors; the longest-serving is Amit Chhotubhai Bhayani, appointed in 2018. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Amit Chhotubhai Bhayani
DIN 02050785
Director20 Sep 20188 yrs 1 moTelestax Software Solutions India Private Limited
Raziya Amit Bhayani
DIN 02128846
Director31 Mar 20224 yrs 7 moTelestax Software Solutions India Private Limited

People of TeleStax

8 people are tracked at TeleStax (6 in leadership, 2 in board & advisors).

NameRoleGroup
Smita Saha
Co-Founder & COOLeadership
Kevin Nettercott
Chief Commercial OfficerLeadership
COO and Co-FounderLeadership
Paul Doscher
President & CEOLeadership
Veena Vadgama
VP MarketingLeadership
Jean Deruelle
CTO and Co-FounderLeadership
Arun Ramamoorthy
DirectorBoard & advisors
Krishna Srinivasan
DirectorBoard & advisors
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Complete people profiles for TeleStax

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Financials of TeleStax

Figures of Telestax Software Solutions India Private Limited, the primary company behind TeleStax, for FY 2020. Revenue was ₹1.30 Cr (+255% year on year). Net loss was -₹2.7 Lakh (-2% margin). EBITDA was -₹2.4 Lakh (-2% margin).

  • ₹1.30 CrRevenue · FY 2020 · +255% YoY
  • -₹2.7 LakhNet loss · -2% margin
  • -₹2.4 LakhEBITDA · -2% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Telestax Software Solutions India Private Limited are on its company page.

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Detailed financial statements for TeleStax

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Timeline of TeleStax

4 dated milestones of TeleStax across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded TeleStax is founded.
  2. Funding First funding round of $810K.
  3. Funding Latest funding round, Series A, of $2.4M.
  4. Exit Acquired by Mavenir.

Competitors of TeleStax

TeleStax has 3 listed competitors in our database, 3 of them funded. They include RingCentral, Avaya and Vonage.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ringcentral.com1999Belmont, United States$44M4,084
Cloud-based unified communication solutions are offered to diverse sectors.
avaya.com2000Durham, United States$400.88M1,337
Cloud-based unified communication software is delivered for businesses.
vonage.com2001Holmdel, United States$644.57M1,089
Provider of contact center business communication solutions
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Detailed competitors of TeleStax

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Web traffic of TeleStax

Websites that share an audience with TeleStax (telestax.com).

Similar websites

Websites whose visitors overlap most with TeleStax. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
mobicents.org
mobicents.org
100%
–
sourceforge.net
83%
21.2M#2,042View details
ag-projects.com
74%
#10,950,282View details
extraordy.com
74%
#3,777,150View details
samus.typepad.com
samus.typepad.com
74%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 15 similar websites and full traffic analytics for TeleStax

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  • 15 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Collaboration & Community Tools

3 companies that operate in the same segment as TeleStax (Collaboration & Community Tools) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based omnichannel communication and customer engagement platform is utilized.
2008San Francisco, California, United StatesUSD 239.77 MUSD 5.07 B5,540
AI-powered platform manages marketing creatives and customer journeys.
1982San Jose, California, United StatesUSD 23.77 B30,710
AI powered customer experience management software
2001Pleasanton, California, United StatesUSD 344.39 MUSD 477.22 M5,437
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Related news about Telestax

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Complete news archive for TeleStax

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Frequently Asked Questions about TeleStax

TeleStax was founded in 2011 and raised its 1st funding round 4 years after it was founded.

TeleStax is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

TeleStax is a funded company, having raised a total of $7.93M across 3 funding rounds to date. The company's 1st funding round was a Seed of $810K, raised on Oct 2015.

The primary company behind TeleStax, Telestax Software Solutions India Private Limited, reported revenue of β‚Ή1.30 Cr for FY 2020, up 255% year on year.

TeleStax was founded in 2011 in Austin, United States, within the telecommunications sector. An open source platform is offered to enable the development and deployment of real-time communication applications. Business communications and collaboration solutions are supported for organizations. The Restcomm middleware is utilized by enterprises, systems integrators, OEMs, and VARs to implement extensible communication systems. Operations focus on middleware-based services for scalable deployments.

TeleStax's top competitors include RingCentral, Vonage and Avaya.

TeleStax has 2 investors. Key investors include Mavenir, and Live Oak Ventures.

TeleStax operates through Telestax Software Solutions India Private Limited.

Yes. TeleStax was acquired by Mavenir in August 2021.

The legal entities of TeleStax currently have 2 directors, including Amit Chhotubhai Bhayani, Raziya Amit Bhayani.

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