Tesonet | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

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Tesonet is a rapidly growing business accelerator and investor based in Vilnius, specializing in various sectors including cybersecurity, HealthTech, EdTech, and Growth Tech. The company has a proven track record of helping startups scale globally, having kickstarted notable companies such as Nord Security and Surfshark. With a team of over 3,200 experts, Tesonet focuses on providing support to ambitious founders with working products or MVPs.

🛍️ Tesonet Product and Pricing News →

👔 Tesonet CEO, Management and Leadership Team →

⚔️ Tesonet Alternatives and Competitors →

💼 Tesonet Hiring and Layoffs →

🤖 Tesonet Developer, Integration and Automation News →

📈 Tesonet Financials, Fundraising and Valuation News →

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🛍️ Tesonet Product and Pricing News

• Tesonet added a new 'Code Search' feature on their GitHub page to enhance code discovery.
• Tesonet has over 3,000 employees in its business accelerator in Vilnius, with plans for further expansion after constructing a fourth building.
• MRU students received awards from Tesonet co-founder Tom Okman for their outstanding academic performance.
• Tesonet launched Saily Business, a new product aimed at providing global internet data for business travelers.
• Tesonet is launching an AI hackathon this fall with a potential €50,000 investment for promising projects.

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👔 Tesonet CEO, Management and Leadership Team

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⚔️ Tesonet Alternatives and Competitors

• UST
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• Persistent
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• QuantiTech
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• Fleetio
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• ChipRewards
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• Metaplanet
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• Norrsken VC
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• Slingshot Ventures
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• Breed Reply
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• Globant

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💼 Tesonet Hiring and Layoffs

• Vilius Grigaliūnas has left Tesonet as a Communication Project Manager in Lithuania to join Open Initiative Lithuania as an Account Manager.
• Tesonet is hiring a Junior-Mid PPC specialist for their Accelerator product in Vilnius.
• Roberta Prelgauskienė has left Tesonet as a Mentor at the TesoXchange Mentorship Program in Lithuania to join Hostinger in a role focused on Helping Find Top Talents.

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🤖 Tesonet Developer, Integration and Automation News

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📈 Tesonet Financials, Fundraising and Valuation News

• Tesonet has invested in the 15min group and plans to further invest through its Mediatech Investment Fund, becoming a minor shareholder in the parent company 4 Bees.
• Tesonet's CEO Tomas Okmanas announced that the Mediatech Investment Fund, part of Tesonet's portfolio, provided interim financing for the acquisition of the M-1 group, which will be refinanced through a current bond issuance.
• Lithuanian unicorn Surfshark, a Tesonet brand, acquired California-based online privacy protection company Ironwall.
• Lithuania's "15min grupė" is launching a €15 million bond issuance to refinance the acquisition of "M-1 grupė," supported by temporary financing from Tesonet’s "Mediatech Investment Fund," which will also become a minority shareholder in "15min grupė’s" parent company, "4 Bees."
• Lithuanian real estate tech platform Flanco has raised investment from Trafi co-founder Martynas Gudonavičius, who joined as a significant shareholder, following previous investment from Tesonet

• Tech giant Tesonet takes over London Lions, expanding its sports portfolio globally.
• Tesonet announced a tripled investment in the Lithuanian biotech startup MISHKAY to enhance research labs, increase medicinal mushroom production, and develop B2B product lines.
• Tesonet's CEO Tomass Okmans emphasized the company's commitment to investing in the '15min' group through the Mediatech Investment Fund, which provided interim financing for the acquisition of the 'M-1' group.

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