Telestax News

Telestax Gets $4.7M In Funding Round

Austin-based Telestax, a provider of a real-time messaging, voice, and video platform for the enterprise, has raised $4.7M in a venture funding round, the company said this morning. The round came from LiveOak Venture Partners. Telestax said the new funding will go to accelerate product capabilities, grow the operational support team and expand market reach. Telestax is led by CEO and co-founder Ivelin Ivanov. The company previously raised funding from Pinnacle Ventures.

This article originally appeared in Texas TechPulse.

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