Telness, a Swedish teltech startup, raised €1.5m in post-seed funding.
Participants included existing angel investors such as Viveka Ekberg, plus Gothenburg-based JCE Investments. This new tranche of funding takes the total raised by Telness to €6.5m.
The company intends to use the funds to launch Telness Technologies.
Founded in 2016 by former-Telenor executive Martina Klingvall, Telness recognises the need for a telecom operator specially focused on small to medium sized businesses by deliveing telecoms services over a purpose-built cloud-based technology platform. It now has over 10,000 business customers in Sweden.
The Telness Technologies cloud-based, digital end-to-end solution liberates traditional telcos from legacy infrastructure, cost and complexity. For telcos in need of transformation, this new offering, alongside its cloud-based PBX service, will enable them to deliver exciting new services to customers and keep pace with new challenger brands.