# Telespree Communications

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/telespree-communications

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.telespree.com
- Total disclosed funding: $6M
- Latest round: Series E (Jul 6, 2006)
- Investors on record: 2

## About

Telespree Communications provides advanced communication solutions aimed at enhancing connectivity and optimizing operational efficiencies for businesses through innovative telecommunications and mobile services.Founded in 2000, Telespree Communications is headquartered in San Francisco, US, specializing in communication solutions. In October 2013, the company was acquired by Evolving Systems. The total amount raised by Telespree is USD 6.00 mn, with the latest funding round being Venture Debt amounting to USD 1.00 mn, marking three funding deals overall.Telespree specializes in providing innovative communication solutions designed to enhance connectivity and streamline operations for businesses. Their core product offerings focus on telecommunications and mobile services, which allow users to easily manage their communication needs through a robust and user-friendly interface. These products are particularly beneficial for enterprises looking to optimize their communications infrastructure, enhance employee productivity, and improve customer engagement. Telespree's services are utilized by a diverse clientele, including large corporations, small to medium-sized businesses, and service providers across various industries. The company serves markets primarily in North America and Europe, addressing the unique challenges and requirements of each region.Telespree generates revenue through a structured model that includes subscription-based services and partnerships with telecommunications providers. Clients typically engage with Telespree through direct contracts that outline the terms of service and pricing plans for their products. The revenue model is designed to accommodate both business-to-business transactions and direct-to-consumer offerings, ensuring flexibility in how services are delivered and billed. While specific pricing details for individual services are proprietary, the company’s flagship products are integral to their revenue streams, reflecting the value placed on reliable communication solutions by their clients. This approach facilitates predictable revenue generation as clients often commit to long-term agreements, ensuring sustained financial performance for Telespree.Telespree Communications is focusing on developing new products aimed at enhancing user experiences and expanding their market presence. The company plans to explore additional markets in Asia and South America by the end of 2024. The recent Venture Debt funding will support these initiatives by providing necessary resources for product development and market entry strategies.

## Funding rounds

- Series E, Jul 6, 2006, $6M — Lightspeed Venture Partners, Alcatel-Lucent Ventures

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series E
- Alcatel-Lucent Ventures (https://capitalatlas.ai/funds/alcatel-lucent-ventures) — Series E