[ TeleStax, Inc. raises $4.7M in Series A ]

TeleStax, Inc. has raised $4.7 million in Series A funding.

Founded in 2011, TeleStax, Inc. is the company behind Restcomm™, the most widely adopted open source platform for developing and deploying real time communications applications. Restcomm enables web and mobile developers in all markets to quickly develop, deploy and scale real-time voice, video and messaging applications and services.

The company intends to use the funds to accelerate product capabilities, grow the operational support team and expand market reach.

Funding  Series A
Founded  2011
Country  USA
City  Palo Alto, California
Founder / CEO  Ivelin Ivanov
Deal Size  $4.7M
Investors  LiveOak Venture Partners
Previous Investors  Kenneth Pelowski
 Pinnacle Ventures
 Arun Ramamoorthy