ClearX Overview
ClearX automates various tasks involved in telecom commerce, including inventory synchronization, billing, and product sales. This can help streamline operations and reduce manual work for businesses. The company also provides a platform for businesses to connect with other partners in the telecommunication industry, potentially facilitating collaboration and expanding reach. Clear was named a cool vendor in "Cool Vendors in Blockchain Business Report, 2020" by the Gartner Research Group.
Cumulative Funding Raised Over Time ($)
$13.0MFeb 2020
Latest News
Clear Rebrands as ClearX, Bringing Smart Contracts to Enterprises
growth-positive
Clear recognized in Gartner's May 2020 Cool Vendors in Blockchain Business Report
Clear has been recognized as a Cool Vendor in Gartners Cool Vendors in Blockchain Business report. The recognition validates Clears efforts in facilitating frictionless B2B trading and automating contracts and data management. The report highlights that most blockchain projects are still in experimentation mode, but small innovative vendors like Clear are helping businesses achieve successful outcomes. Clears CEO expressed honor and excitement for the recognition.
Partners
growth-positive
Clear gets $13M Series A to build high-volume transaction system on the blockchain
Clear, an early-stage startup, has raised $13 million in a Series A investment round led by Eight Roads. The company aims to build a blockchain for high-volume transaction systems, starting with payments between telcos. Clears blockchain transaction network uses smart contracts to create a trusted view of the true status of relationships within a companys business partners. By putting cross-border transactions onto the blockchain, Clear enables real-time conflict resolution and reduces time to payment. The investment will help Clear move into full carrier-grade production and expand into other verticals beyond telcos.
Investment
https://www.marketwatch.com/press-release/carriers-and-technology-vendors-collaborate-on-a-revolutionary-and-interoperable-blockchain-network-poc-at-mef19-2019-11-18
| Sector | Business Software |
Funding
| Total funding | $13M |
| Last funding | $13M |
| Stage | A |
| Rounds | 1 |
| Investors | 6 |
Team Members
2
Employees: 11-50
Web & Social Links
| Website | www.clearx.io |
Locations
Tiomkin St 16, Tel Aviv-Yafo, Israel
Photos & Videos
No files yet
ClearX Business
Business models
B2B
Product stage
Released
Employees
11-50
Sector
Business SoftwareSales & Marketing Solutionse-Commerce ToolsTarget Customer
Communication ServicesCore Technology
Platforms & InterfacesSoftwareTags (2)
blockchainenterprise-solutionsClearX Financials
$13M
Total funding
Undisclosed
Capital raised
$13M
Last funding
A
Funding stage
1
Total rounds
6
Investors
Cumulative Funding Raised Over Time ($)
$13.0MFeb 2020
Private Equity Funding
A Round
Feb 2020
$13M
Eight Roads Ventures (Lead)
,
Singtel Innov8, HKT, Telekom Innovation Pool of Deutsche Telekom, T.Capital, Telefonica Ventures
ClearX Lifecycle
Cumulative Funding Raised Over Time
$13.0MFeb 2020
All Events
A Round
Feb 2020
$13M
Eight Roads Ventures (Lead)
,
Singtel Innov8, HKT, Telekom Innovation Pool of Deutsche Telekom, T.Capital, Telefonica Ventures
ClearX News
4 articlesClear Rebrands as ClearX, Bringing Smart Contracts to Enterprises
growth-positive
Clear recognized in Gartner's May 2020 Cool Vendors in Blockchain Business Report
Clear has been recognized as a Cool Vendor in Gartners Cool Vendors in Blockchain Business report. The recognition validates Clears efforts in facilitating frictionless B2B trading and automating contracts and data management. The report highlights that most blockchain projects are still in experimentation mode, but small innovative vendors like Clear are helping businesses achieve successful outcomes. Clears CEO expressed honor and excitement for the recognition.
Partners
growth-positive
Clear gets $13M Series A to build high-volume transaction system on the blockchain
Clear, an early-stage startup, has raised $13 million in a Series A investment round led by Eight Roads. The company aims to build a blockchain for high-volume transaction systems, starting with payments between telcos. Clears blockchain transaction network uses smart contracts to create a trusted view of the true status of relationships within a companys business partners. By putting cross-border transactions onto the blockchain, Clear enables real-time conflict resolution and reduces time to payment. The investment will help Clear move into full carrier-grade production and expand into other verticals beyond telcos.
Investment
https://www.marketwatch.com/press-release/carriers-and-technology-vendors-collaborate-on-a-revolutionary-and-interoperable-blockchain-network-poc-at-mef19-2019-11-18
ClearX Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 13 |
| Team members | 2 |
Similar Companies
Similar companies data is computed dynamically and not stored in the entity profile. This section requires implementing a similarity query (e.g. by classification overlap, sector, district).
This entity has 6 classification IDs that could be used for matching.
ClearX Internal
Recent Updates
No update log entries.
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Admin Info
| Confidence | 83/100 |
| Missing | tags, video or image, markets, not claimed |
| BI Verification | Yotam Maman |
| Crunchbase | clear-blockchain-technologies |
| Phone | +972728224137 |
| Creator | Jenny Sotnik-Talisman |
| Creator email | genys30@yahoo.com |
| Last updater | Jenny Sotnik-Talisman |
| Updater email | jenny.sotnik@sncentral.org |
| Last update | 2024-03-13T00:00:00.000Z |
| Created | 2019-11-26T00:00:00.000Z |