Tech Company Financing Transactions
TeleSense Funding Round
TeleSense closed a $6.5 million Series A funding round on 8/29/2018. Investors included Finistere Ventures, Congruent Ventures and Maersk Growth.
Transaction Overview
Company Name
Announced On
8/29/2018
Transaction Type
Venture Equity
Amount
$6,500,000
Round
Series A
Investors
Finistere Ventures (Lead Investor) (Spencer Maughan)
Proceeds Purpose
TeleSense plans to use this additional investment to bring its data-driven solutions to the global agricultural supply chain, with an initial focus on grain storage and transport solutions in order to improve profitability and reduce waste.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
440 North Wolfe St. 82
Sunnyvale, CA 94085
USA
Sunnyvale, CA 94085
USA
Phone
Website
Email Address
Overview
TeleSense provides a highly configurable and scalable, end-to-end platform for remote temperature and humidity sensing for stored grains. With advanced analytics and predictive algorithms it helps growers and storage facilities optimize quality and profits using IoT technology. AgTech focused solutions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Naeem Zafar
Chief Financial Officer
John Tingleff
Chief Technical Officer
Ali Ahmed
VP - Bus. Development
Shalin Parmar
VP - Engineering
Glenn Adler
VP - Engineering
Nick Garner
VP - Manufacturing
Dug Stewart
VP - Sales
Tyler Benson
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We do our best to document tech company VC transactions. VC investment data records reported here are derived from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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