Tessares
Developing a solution to construct a single pipe to deliver faster internet speeds across a wider geographic area. Learn more
Launch date
Employees
Market cap
-
Enterprise valuation
€12—18m (Dealroom.co estimates Mar 2021.)
Company register number 0600.810.278
Ottignies-Louvain-la-Neuve Walloon Brabant (HQ)
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
EBITDA | (<1m) | (<1m) | (<1m) | <1m | (<1m) | (<1m) | - |
Profit | (<1m) | (<1m) | (<1m) | (<1m) | (1.4m) | (1.2m) | (3.3m) |
R&D budget | <1m | 1.0m | 1.0m | 2.0m | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | Spinout | |
N/A | - | ||
€50.0k | Grant | ||
€3.0m | Early VC | ||
N/A | €71.0k | Grant | |
€1.2m | Grant | ||
€3.0m | Early VC | ||
Total Funding | €7.3m |
Recent News about Tessares
EditMore about Tessares
EditDeveloper of an internet protocol and technology intended to improve the performance and the quality of internet access without requiring the deployment of resource-hungry infrastructure. The company's hybrid access solution leverages standardized multipath TCP technology that creates a single larger pipe to cost-effectively deliver more internet speed across a wider geographic area, enabling clients to optimize the overall internet experience.
Keywords: Software, Fintech, Security and ConnectivityAccess Bonding, Gateway Software, Internet Access Service, Internet Solutions, Internet Speed, Internet Technology, Wireless Offload.
Tech stack
Tech stackLearn more about the technologies and tools that this company uses.