SlashNext, Inc. announced that it has received $26 million in funding from Norwest Limited LP, LLLP, Wing Venture Management, LLC, Kickstart Ventures, Alter Venture Partners, Telia Company AB
October 27, 2021
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SlashNext, Inc. announced that it has received $26 million in series B round of funding on October 28, 2021. The transaction included participation from new investors Tom and Matt Gallo, Telia Company AB (publ), The Ayala Corporation Technology Innovation Venture Fund, a fund managed by Kickstart Ventures and returning investors Norwest Limited LP, LLLP, Wing Venture Management, LLC, and Alter Venture Partners. The company has raised $43 million in funding till date. As part of the transaction, Thomas Gallo joins the company's board of directors.
Telia Company AB is the leading Scandinavian telecommunications operator. Net sales (including intragroup) break down by activity as follows:
- telecommunications services (85.8%): mobile telephony (19.8 million subscribers at year-end 2022), fixed-line telephony (0.9 million), cable television transmission (3 million), broadband Internet access (2.9 million), etc.;
- media services (9.6%): production and broadcasting of audiovisual content (TV4, C More and MTV channels);
- other (4.6%).
Net sales are distributed geographically as follows: Sweden (46.4%), Finland (18.7%), Norway (16.5%), Denmark (5.8%), Lithuania (5.5%), Estonia (4%) and other (3.1%).
SlashNext, Inc. announced that it has received $26 million in funding from Norwest Limited LP, LLLP, Wing Venture Management, LLC, Kickstart Ventures, Alter Venture Partners, Telia Company AB
TELIA COMPANY AB 
