About Teleste
Teleste is a company based in Littoinen (Finland) founded in 1954.. The company has 673 employees as of December 31, 2024. Teleste has completed 1 acquisition, including Ermetris. Teleste offers products and services including Remote PHY devices, RF amplifiers, Video headend, Optical nodes, and Video Management System. Teleste operates in a competitive market with competitors including Calix, NEC, Mavenir, CommScope and Megvii, among others.
- Headquarter Littoinen, Finland
- Employees 673 as on 31 Dec, 2024
- Stage Public
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Sectors
Industrial Goods & ManufacturingTelecommunications
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Phone
*********
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Website
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Social
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- Legal Name Teleste Corporation
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Annual Revenue
$137.68 M (USD)-12.44as on Dec 31, 2024
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Net Profit
$-6.08 M (USD)-7037.8as on Dec 31, 2024
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EBITDA
$6.71 M (USD)297.05as on Dec 31, 2024
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Latest Funding Round
$120.82 K (USD), Grant
Nov 01, 2020
- Investors
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Employee Count
673
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of Teleste
Teleste is a publicly listed company on the OMXHEX with ticker symbol TLT1V in Finland, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Teleste
Teleste offers a comprehensive portfolio of products and services, including Remote PHY devices, RF amplifiers, Video headend, Optical nodes, and Video Management System. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Devices for enhancing broadband network performance
Amplifiers for signal strength in cable systems
Systems for managing video content distribution
Nodes for optical network connectivity
Platform for monitoring and security operations
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Funding Insights of Teleste
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $120,822
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First Round
First Round
(01 Nov 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Grant - Teleste | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Teleste
Teleste has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Teleste
Teleste has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ermetris. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of broadband network solutions and public safety technologies
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Teleste
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Teleste Comparisons
Competitors of Teleste
Teleste 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 Calix, NEC, Mavenir, CommScope and Megvii, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Communication equipment and software solutions are provided for broadband access.
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| domain | founded_year | HQ Location |
Cloud-based IT and networking solutions are provided globally.
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| domain | founded_year | HQ Location |
Multi-access edge networking computing platform is provided for mobile services.
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| domain | founded_year | HQ Location |
Fiber-optic and wireless infrastructure products provider
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| domain | founded_year | HQ Location |
Facial recognition and AI video analysis solutions are provided.
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| domain | founded_year | HQ Location |
Cloud-based enterprise networking and firewall solutions are delivered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Teleste
Frequently Asked Questions about Teleste
When was Teleste founded?
Teleste was founded in 1954 and raised its 1st funding round 66 years after it was founded.
Where is Teleste located?
Teleste is headquartered in Littoinen, Finland.
How many employees does Teleste have?
As of Dec 31, 2024, the latest employee count at Teleste is 673.
What is the annual revenue of Teleste?
Annual revenue of Teleste is $137.68M as on Dec 31, 2024.
What does Teleste do?
Teleste was founded in 1954 in Littoinen, Finland, and operates in the video and broadband technology sector. Platforms are supplied to cable and telecom operators, encompassing broadband networks, video headends, and security information products. Broadband components, including amplifiers, repeaters, attenuators, equalizers, connectors, and filters, are designed for indoor and outdoor use in fibre and coax cable systems.
Who are the top competitors of Teleste?
What products or services does Teleste offer?
Teleste offers Remote PHY devices, RF amplifiers, Video headend, Optical nodes, and Video Management System.
Is Teleste publicly traded?
Yes, Teleste is publicly traded on OMXHEX under the ticker symbol TLT1V.
How many acquisitions has Teleste made?
Teleste has made 1 acquisition, including Ermetris.
Who are Teleste's investors?
Teleste has 1 investor. Key investors include European Union.
What is Teleste's ticker symbol?
The ticker symbol of Teleste is TLT1V on OMXHEX.