Tech Company Financing Transactions
Telestax Funding Round
LiveOak Venture Partners and private investors invested in a $4.7 million funding round for Telestax. The round was announced on 7/11/2017.
Transaction Overview
Company Name
Announced On
7/11/2017
Transaction Type
Venture Equity
Amount
$4,700,000
Round
Undisclosed
Investors
LiveOak Venture Partners (Lead Investor) (Krishna Srinivasan)
Proceeds Purpose
The new investment will enable Telestax to meet the growing and strong demand for its Communications Platform-as-a-Service (CPaaS) enablement platform and RestcommONE Marketplace. Telestax plans to use the additional capital to accelerate product capabilities, grow the operational support team and expand market reach.
Company Information
Company Status
Private & Independent
Industry
Communications
Mailing Address
9600 Escarpment Blvd. 745
Austin, TX 78749
USA
Austin, TX 78749
USA
Phone
Website
Email Address
Overview
Telestax's Restcomm is an Open Source Real Time Communications Platform for Web and Mobile Developers to build and scale Voice, Video, and Messaging Applications Our mission is to remove complexity from the traditional telecom infrastructure and in the process create a mainstream market for communication apps.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Paul Doucher
Chief Operating Officer
Amit Bhayani
Chief Technical Officer
Jean Deruelle
VP - Bus. Development
Kevin Nettercott
VP - Marketing
Nancy Colwell
VP - Product Management
Ivelin Ivanov
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