By Effi Landau.
Two-way messaging and location company TeleMessage has completed a funding round of funding to the amount of $ 9 million, at a valuation of $ 27 million, after the money. The funding included participation by the Infinity fund at a scope of $ 1.5 million, and by two European funds.
TeleMessage was founded by a group of Israeli entrepreneurs, headed by Guy Levit.
The technology developed by the company enables location and interactive communication between business-people from anywhere, within minutes, by means of transmitting a single message.
The message follows the businessperson simultaneously via all communications at his disposal: mobile phone, pager, e-mail, Internet, fax, and Internet instant messaging software, and makes it possible to respond thereto.
Globes, June 14th, 2000
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