About TeleStax
TeleStax is a company based in Austin (United States) founded in 2011 by Smita Saha was acquired by Mavenir in August 2021. TeleStax has raised $7.93 million across 3 funding rounds from investors including Mavenir and Live Oak Ventures. TeleStax operates in a competitive market with competitors including RingCentral, Avaya, Vonage, Agora and Bandwidth, among others.
- Headquarter Austin, United States
- Founders Smita Saha
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Sectors
Technology
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Telestax Software Solutions India Private Limited
- Date of Incorporation 20 Sep, 2018
- Jurisdiction Kalyani Nagar, Pune, Maharashtra, India
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Annual Revenue
$177.67 K (USD)255.16as on Mar 31, 2020
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Net Profit
-$12.99 K (USD)-644.46as on Mar 31, 2020
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EBITDA
-$2.26 K (USD)-104.81as on Mar 31, 2020
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Total Equity Funding
$7.93 M (USD)
in 3 rounds
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Latest Funding Round
$2.39 M (USD), Series A
Feb 05, 2019
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Investors
Mavenir
& 1 more
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Employee Count
Not available
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Acquired by
Mavenir
(Aug 25, 2021)
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People of TeleStax
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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.
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.
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Venture capital fund investing across early-stage tech startups
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Multi-access edge networking computing platform is provided for mobile services.
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Investor details for TeleStax
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Investments & Acquisitions by TeleStax
Investment portfolio details for TeleStax
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Financial Statements - TeleStax
Detailed financials for TeleStax
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Telestax Comparisons
Peer comparison for TeleStax
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Competitors of TeleStax
TeleStax operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RingCentral, Avaya, Vonage, Agora and Bandwidth, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based unified communication solutions are offered to diverse sectors.
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Cloud-based unified communication software is delivered for businesses.
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Provider of contact center business communication solutions
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Real-time communication and conversational AI solutions are provided by Agora.
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VoIP communication management is facilitated via a cloud-based enterprise platform.
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Chat APIs and SDKs are provided for app messaging integration.
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Detailed competitors of TeleStax
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Latest news on Telestax
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.
Annual revenue of TeleStax is $177.67K as on Mar 31, 2020.
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 has 2 investors. Key investors include Mavenir, and Live Oak Ventures.