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

Tesonet is a rapidly growing business accelerator and investor based in Vilnius, specializing in various sectors including cybersecurity,...


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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.

Website
Headquarters
Vilnius, Vilniaus
Size
1001-5000 employees
Industry
Technology, Information and Internet
Specialities
Accelerator, Venture Capital, Startups, Marketing

🛍️ 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

  • Tomas Okmanas, Co-Founder of Nord Security and Tesonet, announced that Tesonet will launch a significant new product in 2025 focused on AI-driven infrastructure.
  • Tesonet plans to develop office buildings in Kaunas and has acquired a plot previously owned by Baltic Furniture Components for this purpose.
  • Tesonet has reduced its GitHub repositories from 9 to 1, now focusing solely on the 'windows-party' project.
  • Tesonet has over 3,000 employees in its business accelerator in Vilnius, with plans for further expansion after constructing a fourth building.
  • Emanuelis Norbutas, CTO at Tesonet, emphasizes the need for systems that manage multiple AI models simultaneously to ensure consistent performance across organizations.

  • In November, Tesonet's accelerator companies, including Nord Security and Surfshark, organized a workation for over 2500 employees, emphasizing the importance of active involvement in planning to ensure a memorable experience.
  • Tesonet is recognized as a successful and profitable company, making its stock options valuable.
  • Tesonet concluded Q3 2024 with significant projects and milestones, featuring Nord Security and Oxylabs in their Community Pulse recap.

👔 Tesonet CEO, Management and Leadership Team


⚔️ Tesonet Alternatives and Competitors

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

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💼 Tesonet Hiring and Layoffs

  • Goda Bieliauskė has joined Tesonet as a Communication Project Manager in Lithuania, previously serving as an Internal Communication Project Manager at Oxylabs.io.
  • Egle Eidimtaite, Tesonet's CIO, has become the first Lithuanian to join the PayPal Customer Advisory Board.
  • Karolis Kybartas has joined Tesonet as Head of Treasury.
  • Šarūnas Urbonas is the Customer Experience Manager at CyberCare, part of the Tesonet group.


🤖 Tesonet Developer, Integration and Automation News


📈 Tesonet Financials, Fundraising and Valuation News

  • Tesonet co-owns Žalgiris Group, which acquired the London Lions basketball club this summer.
  • Tesonet, holding 45% ownership in UAB Žalgiris group, has taken full control of the Žalgiris basketball club by removing the previous owners, 777 Partners group.


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