Telness provides a cloud-based, digital end-to-end telecom platform and PBX designed to replace legacy telco infrastructure and reduce operational cost. The platform serves well over 15,000 business customers in Sweden and is integrated with three large telecom customers, two of which have already launched Telness cloud PBX across their platforms. Founded in 2016 by Martina Klingvall, the company aims to raise the bar for customer service and industry innovation. Telness plans to expand into new European markets, starting with the Netherlands and the UK, and to grow its team with strategic hires. The company recently secured new funding to support this European expansion and team investment. Telness offers a purpose-built, cloud-based technology platform and a cloud PBX service aimed at small and medium-sized businesses. Its Telness Technologies product is a digital end-to-end solution designed to free telcos from legacy infrastructure, cost and complexity. The company says the platform will enable incumbent telcos to deliver new services and compete with challenger brands. Telness intends to use the new funding to launch Telness Technologies. Founded in 2016 by former Telenor executive Martina Klingvall, the company now has over 10,000 business customers in Sweden. To date the business has raised a total of €6.5M.

Total raised

$11M

Funding rounds

2

Latest round

Series A

Latest activity

Jun 2022