We are pleased to share that our friends at Teneno, an IT Network company specifically designed for SMEs, have reached and exceeded their investment target sought on equity crowdfunding platform Seedrs!
Back on the 1st December, 2016, Teneno announced its fundraising target of £150,000. With this money it planned to expand and develop a series of new products and we’re happy to say that in a little over two months Teneno reached its initial target.
Teneno provides small and medium-sized businesses with internal business networks, giving the businesses same capabilities enjoyed by the big enterprises. Getting rid of the outdated and expensive hardware, Teneno replaces it with agile software that connects all IT devices in a private network over the Internet, making it more simple, flexible, secure and cost-effective.
With help from Brazil, the news about Teneno and the investment campaign on Seedrs spread and coverage appeared in a number of publications, including The Guardian.
Media interest in the crowdfunding investment model and peer-to-peer lending sector gave a perfect opportunity for the CEO of Teneno Jean Salha to comment on his experiences and explain why Teneno is needed in the SME sector.
The future looks bright for Teneno and we’re looking forward to working with them going forward and build on this initial success.