Telestax News

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See what the press is saying about Telestax, RestcommONE and new real-time communications developments.

Austin Communications Firm Telestax Brings In $4.7 Million For Growth

July 11, 2017
The company will use the money to accelerate product development, grow its operational support team and expand its market reach. Austin-based communications company Telestax has landed $4.7 million to fund its next stage of growth. LiveOak Venture Partners of Austin was the lead investor in the deal. Founded in 2011, Telestax previously raised $1.5 million from investors including Pinnacle Partners. Telestax offers an open source communications platform for developers,...

Telestax Reels In $4.7 Mln

July 10, 2017
Austin, Texas-based Telestax, a provider of real-time communications, has raised $4.7 million in funding. LiveOak Venture Partners led the round. This article originally appeared in The Pe Hub Network.

Telestax Raises $4.7m In Funding

July 10, 2017
Telestax, an Austin, TX-based provider of a real-time communications platform, raised $4.7m in funding. The round was led by LiveOak Venture Partners.   The company intends to use the funds to accelerate product capabilities, grow the operational support team and expand market reach.   Led by Ivelin Ivanov, CEO and co-founder, Telestax provides RestcommONE, a WebRTC platform for building enterprise class real-time messaging, voice and video applications. It...

Telestax Gets $4.7M In Funding Round

July 10, 2017
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. ...

Austin Communications App Company Secures $4.7M Round With Local VCs

July 10, 2017
Telestax, an Austin-based company that makes real-time messaging, voice and video apps, has raised a $4.7 million funding round that comes on the heels of the launch of the company’s latest communications tool. In late May, the company, which was founded in Palo Alto, Calif. in 2011, launched the RestcommOne Marketplace, which operates on on Telestax’s cornerstone platform. It lets Telestax’s existing service provider customers sell real-time apps that fit into the...

Roundup: LiveOak, Memorial Hermann, AT&T, March Capital, & DigniCap

July 10, 2017
Let’s catch up on the latest innovation news from Xconomy Texas. —LiveOak Venture Partners announced today it has led a $4.7 million funding round for Telestax, which makes a technology that combines traditional telecommunications with new business apps in order to provide real-time communications tools that can scale. Telestax supports 900 million calls and 200 million messages per day, respectively, onsite, and 500 million calls and 5.5 million messages per week,...

RESTCONN VENDOR SHOWCASE: Go to the front of the class when you AI enhance your customer SMS and web chat with technology

June 30, 2017
In today’s world, most marketing is outbound or interruption marketing. Permission marketing, as explained by Tom Ngo, CEO of, to Don Witt of The Channel Daily News, a TR publication, occurs when the customer contacts you and has a need or a problem. When the customer does not reach a person directly, they typically reach one of the following: Chatbot SMS Texting Web chat With the exception of the chatbot, manpower costs are high, employees do not pay...

RESTCONN VENDOR SHOWCASE: IPitimi enables call centers with SMS resulting in improved customer service, support, and a better customer experience using RestcommONE

June 28, 2017
Call/Contact Center, Channel Daily News, Don Witt, Podcasts, Press Releases, SR 7-2 podcast Greg Nielsen, CEO of IPitimi, enthusiastically discusses the new wave of communications with Don Witt of The Channel Daily News, a TR publication. He conveys to the listener how he enhanced his call center experience for his call center customers and their clients by enabling their dial in numbers with SMS. He then channeled the incoming text messages to a separate staff to...

RESTCONN SPECIAL FEATURE: Carriers Need To Move Into The Next Level Of Communications To Provide Users The Service They Are Requesting And To Participate In The Over-The-Top (OTT) Revenue Model Before It Is Too Late.

June 2, 2017
Channel Daily News, Don Witt, Podcasts, Press Releases Amit Bhayani, Co-Founder of Telestax, provides insight on the current state of communications and what carriers need to do in the near future to Don Witt of The Channel Daily News, a TR publication. The channels and the revenue models are changing and carriers need to adapt to those changes quickly. It is hard for carriers to realize just how much the OTT applications are leaching from their carrier operation and by how...

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