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General Information

Websitetelstra.com.au/ve...
Blogexchange.telstra....
Twitter@telstra_news
Emailtelstra.avg@team....
Employees
Founded2011
DescriptionCorporate venturing arm of Telstra

Funds

Offices

World Headquarters
400 George St
NSW
Sydney, 2000, AUS
Melbourne Office
242 Exhibition St
Victoria
Melbourne, 3000, AUS
Silicon Valley
75 East Santa Clara St
Suite 1225
San Jose, CA, 95113
USA

Tags

Telstra Ventures (AVG)

Telstra Ventures (AVG) invests in market leading companies in mobile, cloud, media and other industries. Telstra seeks investments where it can leverage its go-to-market and product / service capabilities.

Globally, Telstra’s leadership provides its portfolio companies with some of the best “test markets” in the world. For example, Telstra’s Hong Kong mobile operator was the first operator to roll out LTE in Asia, Australia has among the highest iPhone and smartphone penetration in the world, and Australia enjoys high per capita income, English language and a robust legal environment.

At a high level, it seeks investments that have a minimum of $5M in revenues and investment opportunities between $5M and $25M with a focus on global leaders that are strategically linked to Telstra.

Recent Milestones

Investments

Company Date Round Size Participants
Ooyala 12/2013Series F$43M1
Kony 6/2013Series D$18.3M1
Ooyala 6/2012Series E$35M4

Videos

Sources

    Telstra buys into IPscape Cloud-Based Technology (newweb.ipscape.com.au) [edit]
    Telstra’s VC arm makes first local investment in Dimmi (startupsmart.com.au) [edit]
    Citation Needed [add]
    Telstra sinks $4m into Whispir (itnews.com.au) [edit]
    Telstra, Seven West secure online health directory deal (afr.com) [edit]
    Telstra invests in electronic health record specialists IP Health (telstra.com.au) [edit]
    Telstra invests in Box's secure file sharing cloud solution (telstra.com.au) [edit]
  1. Web Video Startup Ooyala Raises $43 Million From Telstra (techcrunch.com) [edit]
  2. Kony Solutions Completes $18.3M Series D Financing (finsmes.com) [edit]
  3. Ooyala grabs $35M late-stage funding for video streaming platform (venturebeat.com) [edit]
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Last Edited 3/31/14

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