Telespree Communications deals with prepaid wireless communications.
Koor Corporate Venture Capital has invested $3.5 million in US start-up Telespree Communications in the framework of a $19 million financing round led by Lucent Ventures. To date, Telespree has raised $25.5 million.
Telespree, founded in 1999, deals with prepaid wireless communications. The company operates a service that loads call cards for mobile phones. The company’s product is compatible with all existing cellular technologies: CDMA, TDMA, and GSM. All of Israel’s cellular companies use the service.
Published by Israel's Business Arena on November 16, 2000