# Telness Tech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/telness-tech

- Industry: Telecoms
- Headquarters: Stockholm, Sweden
- Website: www.telnesstech.com
- Total disclosed funding: $8.8M
- Latest round: Series A (Jun 30, 2022)
- Investors on record: 2

## About

Based in Stockholm, Sweden, and founded in 2016 by its CEO Jonas Cedenwing, and co-founders Martina Klingvall and Carl Sahlin, Telness Tech is spun out of the telecoms provider Telness operates as a provider of cloud-based telecom solutions. In June 2022, Telness Tech raised EUR 8.5 million in series A funding led by new investor Industrifonden with the participation of returning investor JCE Group. As of July 2022, the company has delivered telecom services to over 15,000 business customers.

Telness Tech offers a digital end-to-end platform digital telco and private branch exchange which is a private telephone network that allows users to talk to each other, often in a business landscape, and can be deployed and run on any of the major cloud solutions as well as incumbent IT systems.

The company plans to use the series A funding to expand its business growth.

## Funding rounds

- Series A, Jun 30, 2022, $8.8M — Industrifonden, JCE Group

## Investors

- Industrifonden (https://capitalatlas.ai/funds/industrifonden) — Series A
- JCE Group — Series A