ClearX
Automate and Simplify Commerce Transactions within the Telecom Industry
Company Overview
Snapshot
Founded in June 2017 by Eran Haggiag and Gal Hochberg, ClearX operates with 11–50 employees. The company has raised $13 million across one funding round from 6 investors, with Eight Roads Ventures as a lead investor. In October 2021, the company rebranded from Clear to ClearX, signaling a strategic focus on bringing smart contracts to enterprises.
Business overview
ClearX develops business software solutions designed to automate and streamline commerce transactions within the telecommunications industry. Its core technology focuses on tasks such as inventory synchronization, billing, and product sales, aiming to reduce manual effort and optimize operations for businesses. The company also provides a platform for telecommunication companies to connect with partners, fostering collaboration and market expansion. ClearX operates within the Business Software sector, specifically targeting the e-Commerce Tools and Sales & Marketing Solutions categories.
Strategic signal
In October 2021, Clear rebranded as ClearX, emphasizing its commitment to integrating smart contracts into enterprise solutions. This strategic rebrand signals a deeper dive into blockchain-powered automation for complex business processes, particularly within the telecom sector, indicating a focus on advanced technological solutions to enhance operational efficiency and transaction integrity for its clients.
Log in to access full profile ›Company Intelligence Q&A
- When was ClearX founded and by whom?
- ClearX was founded in June 2017 by Eran Haggiag and Gal Hochberg.
- What was a significant recognition ClearX received?
- In May 2020, ClearX was recognized as a 'Cool Vendor in Blockchain Business Report' by the Gartner Research Group.
- What was the purpose of ClearX's Series A funding round?
- In February 2020, ClearX secured its Series A funding, led by Eight Roads Ventures, to develop a high-volume transaction system utilizing blockchain technology.
- What was a key strategic change for the company in late 2021?
- In October 2021, Clear rebranded as ClearX, signifying its focus on bringing smart contracts to enterprise clients.
- Which investors participated in ClearX's Series A funding round?
- ClearX's Series A round in February 2020 saw participation from investors including Eight Roads Ventures.