Tyntec

tyntec
TypePrivate
IndustryTelecommunications
Founded2002; 24 years ago (2002)
DefunctJuly 31, 2026 (2026-07-31)
FateBankrupted
Headquarters
London
,
The United Kingdom
Area served
Worldwide
Key people
Nicola Wolfram (CEO), Thorsten Trapp (Cofounder, CTO)
Products
  • Messaging
  • Voice
  • Phone Numbers
  • Number Information Services
  • Operator Services
Number of employees
100+
Websitewww.tyntec.com

Tyntec (or tyntec, as spelled by the company) was a global application-to-person messaging operator, cloud communications provider, and a US Inter-Carrier Vendor incorporated in London, UK.[1]

History

Tyntec was founded by entrepreneurs Dr. Ralph Eric Kunz and Thorsten Trapp in 2002.[2] In 2017, it regrouped its regional operations, Tyntec Limited in the UK, Tyntec GmbH in Germany, Tyntec Inc. in the US, and Tyntec Pte Ltd in Singapore, under a new holding company, the Tyntec Group Limited, based in London.[3]

On 19th June 2026 the Limited was placed into insolvency; on 10th July 2026 the GmbH followed. On 31th July 2026 Tyntec stopped all operations.

Funding

In June 2008, tyntec founders sold a minority share of the company to HarbourVest, an independent global alternative investment firm. In December 2010, tyntec received investment from Iris Capital, a pan-European growth fund specializing in technology, media and telecommunications.[4] In 2016, the management of tyntec acquired the company from HarbourVest Partners and Iris Capital, backed by Cipio Partners, a Germany-based private equity firm.[5]

Technology

tyntec built and developed a scalable proprietary patent-protected technology infrastructure that was installed at the operator level, which gave it direct operator-level connectivity to the GSM network.

The signal routing and delivery platform, housed in the technical operations center in Dortmund, was the core of tyntec's messaging platform. It was designed to be scalable and to handle high volumes of traffic without service degradation. It also provided several interfaces, which were available across all networks.

tyntec's direct access into the global mobile network through its agreements with operators meant that the company could directly reach the subscribers' handset. This was particularly important in crisis situations, when networks are often overloaded or go down.[6]

Awards

In 2010, tyntec was awarded the Red Herring 100 Europe Award. In 2011 it was awarded the Red Herring Global 100 Award for its tt.One solution. In the same year it also won the Internet Telephony Product of the Year Award.[7]

Competitors

Competitors were Sinch, Soprano Design, Twilio, Infobip, Vonage (Nexmo), Clickatell, and BICS (TeleSign).

References

  1. ^ "tyntec Extends Leadership in Cloud Communications with New Inter-Carrier Messaging Service". PR Newswire. Retrieved 2 May 2017.
  2. ^ Silicon Valley's assault on Mobile's Gated Kingdom, The Register, February 28, 2012
  3. ^ "tyntec Announces Financial Investment and New Corporate Structure Aimed at Accelerating New Product Introductions". realwire. Retrieved 2 May 2017.
  4. ^ Iris Capital invests in tyntec, Entrepreneur Country, December 14, 2010
  5. ^ "Iris Capital exits messaging provider tyntec". Closing Circle. Retrieved 2 May 2017.
  6. ^ Global Warning System (GWS) selects tyntec For International Safety Alerts, MobilityTechzone, October 29, 2012
  7. ^ tyntec Awards, Awards 2010 and 2011

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