The Tallinn-based Estonian startup, Teleport, has been acquired for an undisclosed amount by MOVE Guides, a company that moves and manages mobile workforce.
Teleport was founded in April 2014 by early Skype employees Sten Tamkivi and Silver Keskküla while Tamkivi was an entrepreneur-in-residence at Andreessen Horowitz, a private American venture capital firm. The company’s core product – Teleport Cities – uses data science and matching algorithms to help knowledge workers discover their best places to live and work. Teleport Cities provides income, cost and quality of life data from 260 cities around the world, and served over a million searches by its 250,000 users in 2016.
MOVE Guides is a San Francisco-based company that helps HR teams move their employees around the world. The company partners with leading multinational entities to deliver a full global mobility program across 200 countries and territories. According to the company, it grows more than 200% annually. Industry leaders, including Société Générale, Morningstar and King.com rely on MOVE Guides for their global mobility management requirements, the company said in a statement.
Read the full story at estonianworld.com.