Tuenti Technologies

Tuenti Technologies is a Madrid-based tech company founded in 2006. The company developed the first social Mobile Network Virtual Operator (MVNO) with an integrated mobile app, offering private and secure instant messaging alongside social communication. Tuenti Móvil delivers cloud-based telephone services focused on a data-centric and fully online client experience. The app includes innovative features like account management, customer service, and free usage even without phone credit. With a diverse team of approximately 200 professionals, Tuenti's main shareholder is Telefónica, an international telecommunications group, which became a strategic investor in 2010. The company's founders, Zaryn Dentzel and Kenny Bentley, are recognized in the tech industry, having previously worked in social networking in the United States before moving to Spain to establish Tuenti. The company is primarily focused on the Spanish audience and has gained traction as the "Spanish Facebook." In 2010, Tuenti was acquired by Telefónica for $70 million and has since expanded its presence globally, employing professionals from various countries. The company's innovative approach to mobile communication and social networking has garnered significant attention, with Tuenti being among the top ten most visited websites in Spain. The latest investment of €9.00M was made by Qualitas Equity in a Venture Round investment on 24 March 2010. As Tuenti continues to evolve and expand its offerings, the company remains an influential player in the industries of advertising, information technology, internet, messaging, mobile, and social media.