# British Telecom: portfolio, investments and team

> British Telecom is a vc firm. 3 investments on record, latest Apr 2008. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/british-telecom (Millionrounds; every figure on the page links to its filing or article)

[Investor](https://millionrounds.com/investors)

# British Telecom

Last cheque observed Apr 2008. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Series A Series C

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 3 on record

Since the last cheque **6773** days **00** hrs **00** min **00** sec

Median round **$9.7M** Rounds led **0 of 3** Exits **2 from the portfolio**

Pitch British Telecom

## British Telecom highlights

- 01 3 rounds on record
- 02 Mostly Series A and Series C: 100% of its rounds
- 03 2 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **3 appearances**

- **2008** 1 round
- **Apr** **[Fon](https://millionrounds.com/company/fon)** Series C · ES **$9.5M** With 5 others
- **2007** 1 round
- **Jun** **[Real Time Content](https://millionrounds.com/company/real-time-content)** Series A · US **Undisclosed** With 1 other
- **2002** 1 round
- **Feb** **[Location Labs](https://millionrounds.com/company/location-labs)** Series A · US · wavemarket.com **$9.8M** With 4 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## Exits from the portfolio

Companies it backed that were later bought or listed **2 in all**

**[Real Time Content](https://millionrounds.com/company/real-time-content)** Bought by [Pitney Bowes](https://millionrounds.com/fund/pitney-bowes) **Undisclosed** Jun 2015

**[Location Labs](https://millionrounds.com/company/location-labs)** Bought by [AVG Technologies](https://millionrounds.com/fund/avg-technologies) **$220M** Sept 2014

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Series A Series C

Median round joined **$9.7M** the round, not its cheque

Led 0 of 3 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Apr 2008
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Series A *2*
- Series C *1*

Cheques by year Led Joined

2002 2008

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## Mentioned on podcasts

Episodes that name British Telecom in their description, not their title.

- [The Silicon Valley Podcast](https://millionrounds.com/podcasts/the-silicon-valley-podcast) 3 Mar 2021 · 30 min 081 Best of Startup Advice on The Silicon Valley Podcast Mentions [British Telecom](https://millionrounds.com/fund/british-telecom) Apple PodcastsShow page
- [The Silicon Valley Podcast](https://millionrounds.com/podcasts/the-silicon-valley-podcast) 28 Oct 2020 · 40 min 063 How does a startup build a Brand with Jenny Huang Mentions [British Telecom](https://millionrounds.com/fund/british-telecom) Apple PodcastsShow page
- [Inevitable](https://millionrounds.com/podcasts/inevitable) 22 Aug 2019 · 38 min Ep 30: Andrew Beebe, Managing Director at Obvious Ventures With [Andrew Beebe](https://millionrounds.com/person/andrew-beebe) Mentions [British Telecom](https://millionrounds.com/fund/british-telecom)[Google](https://millionrounds.com/fund/google-assistant-investments) Apple PodcastsShow page

## Quick answers about British Telecom

### What does British Telecom invest in?

British Telecom invests most often at Series A and Series C (100% of the rounds on record).

### How active is British Telecom?

3 investments on record, 0 of them in the last 12 months. The most recent was in Apr 2008.

### How big are British Telecom's cheques?

The median round it joins is $9.7M.

### Is British Telecom investing now?

No investments in the last 12 months; the latest was in Apr 2008.

### What kind of investor is British Telecom?

British Telecom is a VC firm.

### Where does this information on British Telecom come from?

From 1 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=british-telecom) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=british-telecom)
