Tyntec (or , as spelled by the company) is a global application-to-person
messaging operator,
cloud communications
Cloud communications are Internet-based voice and data communications where telecommunications applications, switching and storage are hosted by a third-party outside of the organization using them, and they are accessed over the public Internet. C ...
provider, and a US Inter-Carrier Vendor incorporated in
London
London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...
, UK.
History
Tyntec was founded by entrepreneurs Dr. Ralph Eric Kunz and Thorsten Trapp in 2002.
In 2017, it has regrouped its regional operations, Tyntec Limited in the UK, Tyntec GmbH in Germany, Tyntec Inc. in the US, and Tyntec Pte Ltd in Singapore, under a new holding company, the Tyntec Group Limited, based in London.
Funding
In June 2008, founders sold a minority share of the company to
HarbourVest
HarbourVest Partners, LLC is a private equity fund of funds and one of the largest private equity investment managers globally. The firm invests in all types of private equity funds, including venture capital and leveraged buyout funds, and also ...
, an independent global alternative investment firm. In December 2010, received investment from
Iris Capital
Iris Capital is a venture capital firm, specialized in the digital economy, primarily active in Europe. Since its creation, the Iris Capital team has invested more than a billion Euros in over 230 innovative companies. Iris Capital is sponsored ...
, a pan-European growth fund specializing in technology, media and telecommunications.
In 2016, the management of tyntec has acquired the company from HarbourVest Partners and Iris Capital, backed by Cipio Partners, a Germany-based private equity firm.
Technology
has built and developed a scalable proprietary patent-protected technology infrastructure that is installed at the operator level, which gives it direct operator-level connectivity to the GSM network.
The signal routing and delivery platform, housed in the technical operations center in Dortmund, is the core of 's messaging platform. It is designed to be scalable and to handle high volumes of traffic without service degradation. It also provides several interfaces, which are available across all networks.
's direct access into the global mobile network through its agreements with operators means that the company can directly reach the subscribers' handset. This is particularly important in crisis situations when networks are often overloaded or go down.
Awards
In 2010, was awarded the
Red Herring
A red herring is something that misleads or distracts from a relevant or important question. It may be either a logical fallacy or a literary device that leads readers or audiences toward a false conclusion. A red herring may be used intentiona ...
100 Europe Award. In 2011 it was awarded the Red Herring Global 100 Award for its solution. In the same year it also won the Internet Telephony Product of the Year Award.
tyntec Awards
Awards 2010 and 2011
Competitors
Competitors are Sinch, Soprano Design, Twilio
Twilio Inc. is an American cloud communications company based in San Francisco, California, which provides programmable communication tools for making and receiving phone calls, sending and receiving text messages, and performing other communic ...
, Infobip
Infobip is a Croatian IT and telecommunications company, founded in 2006.
In July 2020, Infobip raised $200 million in a Series A funding round led by One Equity Partners, having reached $1 billion valuation. Later that year, Infobip acquired Op ...
, Vonage
Vonage Holdings Corp. (, or simply Vonage) is an American cloud communications provider operating as a subsidiary of Ericsson. Headquartered in Holmdel Township, New Jersey, the organization was founded in 1998 as Min-X as a provider of resident ...
(Nexmo), Clickatell, and BICS ( TeleSign).
External links
* {{official website, http://www.tyntec.com/
References
Mobile telecommunication services