Real time communications are taking flight, from OTT applications to the contact center and beyond. The reason is simple: we live in a real time world. And in this real time world, developers are licking their chops at the tools available in their sandbox. One such company that provides these tools received an influx of funds in a recent investment round to help further the real time revolution.
Telestax, a firm known for real time messaging, voice and video apps, secured $4.7 million in its most recent round of funding. Led by LiveOak Venture Partners, the investment comes on the heels of much success for Telestax, and will help the up-and-comer with market reach and operational support.
“The exceptional team, high-value technology and resulting customer adoption of Telestax’s offerings made this a compelling investment for us,” LiveOak Venture Partners General Partner Krishna Srinivasan said in a news release. “We look forward to helping Telestax with their market and product expansion.”