Teliris

Teliris is a provider of advanced video conferencing and collaboration solutions, focusing on enhancing communication for businesses through immersive telepresence systems that enable high-definition interactions across geographical boundaries. Founded in New York, US, Teliris specializes in video conferencing solutions that support business communication. The company has undergone strategic shifts to enhance its product offerings. It has received a SERIES B funding round of USD 11.

00 mn from investors including Columbia Capital and Eight Roads Ventures, raising a total of USD 11. 00 mn. In May 2014, Dimension Data Holdings acquired Teliris for an undisclosed sum. Teliris specializes in delivering advanced video conferencing and collaboration solutions designed to enhance communication for businesses across various sectors.

Their core product offerings focus on immersive telepresence systems that enable high-definition video interactions, real-time collaboration, and content sharing among participants, regardless of their geographical location. These systems aim to solve challenges related to remote communication, allowing organizations to maintain productivity and connectivity while reducing travel costs and carbon footprints. The company primarily serves enterprises in North America, Europe, and parts of Asia, catering to a diverse client base that includes Fortune 500 companies, educational institutions, and healthcare providers. By leveraging cutting-edge technology, Teliris facilitates seamless communication for end users, ultimately enhancing business operations and decision-making processes.

Teliris generates revenue through a subscription-based model, providing clients access to its telepresence solutions, support services, and ongoing software updates. Transactions typically occur between Teliris and its business clientele, where companies enter into service agreements that outline the terms of use, pricing, and duration of the engagement. The company may offer tiered pricing plans based on the scale of deployment and service features selected, which can include options for equipment leasing or on-premises installations. Flagship products and services are positioned prominently within these agreements, ensuring that clients receive tailored support and integration into their existing communication frameworks.

Partnerships with technology resellers and integrators further broaden the customer reach, enhancing revenue potential through collaborative sales channels. Following the recent acquisition by Dimension Data Holdings in May 2014, Teliris plans to expand its product line with new telepresence features aimed at improving user experience. Additionally, the company is targeting growth in European and Asian markets by the end of 2015 to broaden its customer base. The funding received in the SERIES B round will be utilized to support these product enhancements and market expansion initiatives.