Telefónica

Telefónica, headquartered in Spain, is a global telecommunications giant operating in 24 countries. It provides fixed and mobile connectivity, along with a wide range of digital services, to over 315 million customers worldwide. The company's investment arm, Telefónica Innovation Ventures, focuses on tech startups and venture capital funds aligned with Telefónica's global strategy. It invests directly in around 10 startups and indirectly in over 80 through 12 VC funds, with a focus on 5G, AI, cybersecurity, IoT, cloud, and digital transformation. Telefónica also operates Telefónica Open Innovation, a global program connecting entrepreneurs, investors, and partners to capture innovation opportunities.

Jacobo Garcia-Palencia

Director Group Strategic Alliances and Industry Analyst Office

Guenia Gawendo

Managing Director

Gonzalo Martín-Villa Peña

CEO, IoT and Big Data Director

Past deals in Telecommunications

Nearby Computing

Series A in 2024
Nearby Computing, S.L. is a software development company based in Barcelona, Spain, established in 2018. It specializes in orchestration and automation solutions for networks and systems, focusing on Internet of Things (IoT) and 5G applications. The company's flagship product, NearbyOne, is an Edge IT fabrics orchestration platform that manages the entire lifecycle of infrastructure, virtual network functions, and applications. This platform facilitates the seamless deployment of services through a holistic approach, allowing users to onboard applications from third-party independent software vendors and create a rich ecosystem of pre-integrated services. NearbyOne also includes built-in service assurance and key performance indicator monitoring to ensure compliance with service level agreements. By enabling personalized services for multi-access edge computing and managing hybrid, distributed networks efficiently, Nearby Computing supports various sectors, including telecommunications, industry, utilities, and connected vehicle networks.

Nozomi Networks

Series E in 2024
Nozomi Networks Inc. is a cybersecurity company specializing in operational technology (OT) and Internet of Things (IoT) security solutions. Founded in 2013 and headquartered in San Francisco, California, the company develops a platform that offers real-time visibility into network communications and device behavior, enhancing awareness of OT and IoT networks. Its flagship product, Guardian, monitors these networks and is supported by services such as Asset Intelligence and Threat Intelligence, which provide continuous updates on device profiles and threat data. The Central Management Console facilitates unified visibility and management across various sites and devices. Nozomi Networks serves a diverse range of industries, including energy, manufacturing, transportation, and utilities, addressing the increasing cyber risks faced by operational networks. Through its solutions, the company aims to improve cybersecurity, operational reliability, and the integration of IT and OT systems for its customers.

Airalo

Series B in 2023
Airalo is a provider of eSIM services tailored for travelers, offering a seamless way to access mobile connectivity in over 190 countries and regions. By utilizing eSIM-compatible devices such as smartphones, tablets, and PCs, users can easily select and activate local data plans through a mobile application, eliminating the need to carry multiple physical SIM cards. This service not only delivers affordable local rates but also grants travelers the freedom to stay connected wherever they go, without the hassle of changing numbers or managing different SIM cards. Airalo aims to simplify mobile connectivity for globetrotters, enhancing their travel experience.

Nexfibre

Private Equity Round in 2022
Nexfibre is a joint venture established by InfraVia Capital Partners, Liberty Global, and Telefónica, focusing on the construction and operation of a fiber-to-the-home (FTTH) broadband network across the United Kingdom. The company aims to deliver high-speed internet service connections to both homes and businesses, providing essential support to local telecommunications service providers. With plans to serve up to 7 million premises, Nexfibre is committed to enhancing broadband connectivity in the region, ensuring that clients have access to reliable and fast internet services.

Nozomi Networks

Series D in 2021
Nozomi Networks Inc. is a cybersecurity company specializing in operational technology (OT) and Internet of Things (IoT) security solutions. Founded in 2013 and headquartered in San Francisco, California, the company develops a platform that offers real-time visibility into network communications and device behavior, enhancing awareness of OT and IoT networks. Its flagship product, Guardian, monitors these networks and is supported by services such as Asset Intelligence and Threat Intelligence, which provide continuous updates on device profiles and threat data. The Central Management Console facilitates unified visibility and management across various sites and devices. Nozomi Networks serves a diverse range of industries, including energy, manufacturing, transportation, and utilities, addressing the increasing cyber risks faced by operational networks. Through its solutions, the company aims to improve cybersecurity, operational reliability, and the integration of IT and OT systems for its customers.

Nozomi Networks

Venture Round in 2020
Nozomi Networks Inc. is a cybersecurity company specializing in operational technology (OT) and Internet of Things (IoT) security solutions. Founded in 2013 and headquartered in San Francisco, California, the company develops a platform that offers real-time visibility into network communications and device behavior, enhancing awareness of OT and IoT networks. Its flagship product, Guardian, monitors these networks and is supported by services such as Asset Intelligence and Threat Intelligence, which provide continuous updates on device profiles and threat data. The Central Management Console facilitates unified visibility and management across various sites and devices. Nozomi Networks serves a diverse range of industries, including energy, manufacturing, transportation, and utilities, addressing the increasing cyber risks faced by operational networks. Through its solutions, the company aims to improve cybersecurity, operational reliability, and the integration of IT and OT systems for its customers.

ClearX

Series A in 2020
ClearX is a developer of blockchain-based settlement and clearing networks aimed at enhancing commercial automation in global industries, particularly in the B2B sector. By leveraging enterprise-grade blockchain technologies and programmable smart contracts, the company facilitates near-real-time settlement and automated dispute resolution, thereby reducing costs, inefficiencies, and fraud while ensuring the confidentiality of contracts and trade details. ClearX's solutions empower telecom companies to modernize their commercial frameworks, enabling seamless integration with cloud marketplaces and partners through API-based commerce. This innovation allows operators to deliver a streamlined customer experience with global reach, utilizing advanced business models within a unified contract and billing structure.

Altiostar

Series C in 2019
Altiostar Networks, Inc., established in 2011 and headquartered in Tewksbury, Massachusetts, specializes in designing and developing outdoor coverage and capacity solutions for the LTE market. The company offers macro iRRH radios, suitable for various outdoor environments and mountable on cell towers, masts, or building walls. Additionally, they provide small cell iRRHs, designed to maximize network capacity in high user-density urban zones and address network coverage gaps. Altiostar serves mobile network operators, aiming to enhance communication experiences while reducing technology costs. The company's innovative, experienced team focuses on disaggregated, multi-vendor, cloud-native mobile network solutions to enable efficient and cost-effective LTE network deployment and expansion.

HelloDone

Pre Seed Round in 2019
HelloDone Limited is an automated conversation platform based in London, United Kingdom, that specializes in enhancing the post-purchase experience for online retailers. Founded in 2016 and previously known as Dazzle Technology Limited, the company offers a proprietary conversational AI that connects retailers with customers through popular social messaging channels such as WhatsApp and Instagram. This platform addresses challenges faced by online retailers in maintaining customer relationships after a sale, particularly regarding home delivery logistics. HelloDone enables retailers to automate customer interactions concerning order notifications, delivery changes, returns, and other inquiries, with approximately 85% of questions managed by its AI. For more complex issues, the system seamlessly transitions customers to live customer service representatives. Through its advanced messaging technology, HelloDone aims to streamline communication between retailers, carriers, and customers, fostering a more efficient and satisfactory post-purchase experience.

NFWare

Seed Round in 2017
NFWare is a Munich-based company that specializes in cloud-based network functions virtualization technologies for telecom operators and data centers. The company develops high-performance virtualized IP routing solutions that leverage advanced multi-core packet-processing algorithms. These solutions enable service providers to build next-generation networks with the agility and flexibility of software, while achieving the performance typically associated with hardware. NFWare's offerings include Virtual Carrier Grade NAT, which facilitates address and protocol translation, allowing for the extension of IPv4 network connectivity. By utilizing standard x86 servers, NFWare's technology significantly reduces the costs associated with building network infrastructure, enhancing productivity for its clients.

VIVID Technologies

Venture Round in 2015
Vivid Technologies Ltd., established in London in 2013, specializes in transforming traditional audio-only Interactive Voice Response (IVR) systems into user-friendly visual experiences. Their platform presents relevant information on customers' smartphones and tablets in a simplified, clutter-free manner, enhancing usability and reducing support traffic. This innovation improves communication efficiency between individuals and businesses while potentially lowering operational costs.

NFWare

Convertible Note in 2015
NFWare is a Munich-based company that specializes in cloud-based network functions virtualization technologies for telecom operators and data centers. The company develops high-performance virtualized IP routing solutions that leverage advanced multi-core packet-processing algorithms. These solutions enable service providers to build next-generation networks with the agility and flexibility of software, while achieving the performance typically associated with hardware. NFWare's offerings include Virtual Carrier Grade NAT, which facilitates address and protocol translation, allowing for the extension of IPv4 network connectivity. By utilizing standard x86 servers, NFWare's technology significantly reduces the costs associated with building network infrastructure, enhancing productivity for its clients.

VIVID Technologies

Seed Round in 2015
Vivid Technologies Ltd., established in London in 2013, specializes in transforming traditional audio-only Interactive Voice Response (IVR) systems into user-friendly visual experiences. Their platform presents relevant information on customers' smartphones and tablets in a simplified, clutter-free manner, enhancing usability and reducing support traffic. This innovation improves communication efficiency between individuals and businesses while potentially lowering operational costs.

SIGFOX

Series D in 2015
Sigfox is a leading provider of connectivity for the Internet of Things (IoT), specializing in low-power wide-area networking services. Founded in 2010 and headquartered in Labège, France, the company has developed a global network designed to connect billions of devices to the Internet while minimizing energy consumption and complexity. By addressing key barriers to IoT adoption—cost, energy use, and scalability—Sigfox supports various industries, including supply chain and logistics, manufacturing, utilities, insurance, and agriculture. Its cloud-based platform simplifies device-to-cloud communications, allowing clients to benefit from efficient connectivity solutions. As of now, Sigfox's network spans 26 countries, with plans for expansion to 60 countries, serving a population of approximately 397 million people and fostering a growing ecosystem of partners and innovations in the IoT space.

NFWare

Seed Round in 2015
NFWare is a Munich-based company that specializes in cloud-based network functions virtualization technologies for telecom operators and data centers. The company develops high-performance virtualized IP routing solutions that leverage advanced multi-core packet-processing algorithms. These solutions enable service providers to build next-generation networks with the agility and flexibility of software, while achieving the performance typically associated with hardware. NFWare's offerings include Virtual Carrier Grade NAT, which facilitates address and protocol translation, allowing for the extension of IPv4 network connectivity. By utilizing standard x86 servers, NFWare's technology significantly reduces the costs associated with building network infrastructure, enhancing productivity for its clients.

Global Village Telecom (GVT)

Acquisition in 2014
Global Village Telecom (Holding) S.A. provides telecommunications services. The company offers fixed-telephony long-distance, broadband, and Internet services. The company also provides dial-up access and broadband services, such as email, Web content and hosting, blogs, and photo-blogs. The company serves residential households, and small and medium enterprises. Global Village Telecom (Holding) S.A. has a joint venture with EchoStar Technologies L.L.C. to provide pay-TV services in Brazil. The company was formerly known as Global Village Telecom Ltda. and changed its name to Global Village Telecom (Holding) S.A. in February, 2007. The company was founded in 1998 and is based in Curitiba, Brazil. Global Village Telecom (Holding) S.A. operates as a subsidiary of Vivendi Société Anonyme.

DTS Communications

Acquisition in 2014
DTS Communications, Inc. provides state-of-the-art telecommunication equipment, network design and installation specializing in WiFi mesh networks for private, government and municipal institutions. In addition, DTS Communications offers high-speed Internet access sales as an ISP provider in selected areas with an emphasis in rural communities. As an ISP, DTS Communications provides data uploading and downloading service for residential, commercial and municipal entities with a specialization in virtual private networks (VPN). In telecommunications terminology, DTS Communications designs and installs mesh net Local Area Networks (LAN's), Virtual Private Networks (VPN), Voice over Internet Protocol (VoIP) and video conferencing lines for residential, private and municipal customers.

SIGFOX

Series C in 2014
Sigfox is a leading provider of connectivity for the Internet of Things (IoT), specializing in low-power wide-area networking services. Founded in 2010 and headquartered in Labège, France, the company has developed a global network designed to connect billions of devices to the Internet while minimizing energy consumption and complexity. By addressing key barriers to IoT adoption—cost, energy use, and scalability—Sigfox supports various industries, including supply chain and logistics, manufacturing, utilities, insurance, and agriculture. Its cloud-based platform simplifies device-to-cloud communications, allowing clients to benefit from efficient connectivity solutions. As of now, Sigfox's network spans 26 countries, with plans for expansion to 60 countries, serving a population of approximately 397 million people and fostering a growing ecosystem of partners and innovations in the IoT space.

ASSIA

Series E in 2011
ASSIA, Inc. specializes in broadband and Wi-Fi performance monitoring, management, and optimization software tailored for internet service providers, communications regulators, and wholesalers. The company focuses on enhancing customer quality of experience and satisfaction while promoting operational efficiencies to reduce costs. Utilizing advanced artificial intelligence technology, ASSIA develops solutions that optimize and analyze broadband internet links. The company also has a substantial portfolio of intellectual property and licensing operations, allowing it to offer products that measure internet performance. This enables service providers to improve customer satisfaction, streamline operations, and deliver innovative multimedia content to homes with broadband and Wi-Fi capabilities.

Acens Technologies

Acquisition in 2011
Acens, a subsidiary of the Telefonica group, has been a prominent provider of hosting, telecommunications, and cloud solutions since its establishment in 1997. Based in major Spanish cities like Madrid, Barcelona, Valencia, and Bilbao, Acens operates two data centers with over 6,000 square meters of capacity. The company serves more than 100,000 clients, managing over 200,000 domains. Acens specializes in cloud hosting, offering flexible and secure solutions for large enterprises across private, public, and hybrid cloud environments. In addition to its flagship Cloud Hosting service, Acens provides a wide array of technology solutions, including shared and email hosting, email marketing, website building, and managed dedicated services. Its offerings also encompass tailored solutions featuring VPN connectivity and high-performance platforms for live broadcasting and video streaming, ensuring clients receive comprehensive and effective technology support.

ASSIA

Series D in 2010
ASSIA, Inc. specializes in broadband and Wi-Fi performance monitoring, management, and optimization software tailored for internet service providers, communications regulators, and wholesalers. The company focuses on enhancing customer quality of experience and satisfaction while promoting operational efficiencies to reduce costs. Utilizing advanced artificial intelligence technology, ASSIA develops solutions that optimize and analyze broadband internet links. The company also has a substantial portfolio of intellectual property and licensing operations, allowing it to offer products that measure internet performance. This enables service providers to improve customer satisfaction, streamline operations, and deliver innovative multimedia content to homes with broadband and Wi-Fi capabilities.

Quantenna Communications

Series E in 2010
Quantenna Communications, Inc. specializes in the design, development, and marketing of advanced high-speed wireless communication solutions that facilitate wireless local area networking. Founded in 2006 and headquartered in San Jose, California, the company offers a diverse portfolio of products, including radio frequency and digital baseband chips that adhere to various IEEE Wi-Fi standards, such as 802.11n, 802.11ac, and draft Wi-Fi 6. Quantenna's offerings also include Qdock, a software framework that integrates third-party applications with its Wi-Fi solutions. The company's products cater to a wide range of applications, including home networking devices, retail, outdoor, small and medium businesses, enterprise, industrial, and consumer electronics. Quantenna sells its Wi-Fi solutions directly to original equipment manufacturers, original design manufacturers, and third-party distributors, with a significant portion of its revenue generated from the Asia-Pacific region. As of 2019, Quantenna operates as a subsidiary of ON Semiconductor Corporation.

Brasilcel, N.V.

Acquisition in 2010
Brasilcel, N.V offers voicemail and voicemail notification, call forwarding, caller identification, broadband Internet access.

Tuenti

Acquisition in 2010
Tuenti is a Madrid-based technology company that operates a social networking platform, initially launched as a "Spanish Facebook" in 2006. It offers users the ability to create personal profiles, upload photos and videos, and connect with friends. The company has since evolved to become a Mobile Virtual Network Operator (MVNO), offering integrated mobile services with a focus on secure instant messaging and a unique, innovative app for account management and customer service. Tuenti is majority-owned by Telefónica, an international telecommunications group, and has a diverse team of approximately 200 professionals from various countries. It is primarily targeted at the Spanish audience and has been recognized as one of the most successful tech companies in Spain's internet history.

O2

Acquisition in 2005
O2 is a prominent provider of mobile and broadband services in the UK, catering to both consumers and businesses. The company excels in non-voice services, offering a range of products that include text messaging, media messaging, games, music, and video content. Additionally, O2 provides data connectivity through various technologies such as GPRS, HSDPA, 3G, and WLAN. Beyond telecommunications, O2 operates as a digital advertising agency, focusing on branding, creative services, public relations, website design, and social media management. This diverse service portfolio positions O2 as a leader in both the telecommunications and digital marketing sectors.

O2 CZ

Acquisition in 2005
O2 CZ is a Czech-based integrated telecommunications provider that operates mobile and fixed accesses. To users of mobile services in the Czech Republic, the company offers state-of-the-art HSPA+ and LTE technology. In 2012, O2 CZ opened its network to virtual operators, and, in spring 2013, updated the market with its unlimited free tariffs. It has access to the data centers, with total floor area of 7,300 square meters, which rank the company among the professionals in hosting, cloud, and managed services. These data centers are the only ones in the Czech Republic and in Central Europe to have TIER III certification. O2 CZ was founded in 2006.

Atrium Telecomunicacoes

Acquisition in 2004
Atrium Telecomunicacoes is a building-centric local exchange carrier.
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