What Telsy does

Telsy S.p.A. is an Italian cybersecurity and cryptography company founded in 1971 and headquartered in Turin, operating as the competence center for communications security and cybersecurity of Gruppo TIM and as a brand company of TIM Enterprise. The company offers an integrated portfolio organized around three solution categories: Cyber Solutions (threat intelligence, incident response, security monitoring, Red Teaming, and security awareness via TelsySkills), Crypto Solutions (post-quantum cryptography, secure communications through TelsyInTouch and TelsyATMO, TelsyMusa, and TelsyMobileDefender), and Quantum Solutions (Quantum Key Distribution, post-quantum cryptography, and the Fortinet-co-developed Quantum-Safe VPN). Underlying technology is proprietary in-house engineering combined with selected integrations, including TS-Intelligence co-developed with TS-WAY and the Quantum-Safe VPN co-developed with Fortinet.

Telsy serves a horizontal base of Italian companies and organizations of every dimension, with sector plays such as TelsyMediSOC for healthcare, and it is strengthening its position in regulated and quantum-risk-sensitive segments through content-driven thought leadership and partnerships. Its go-to-market is enterprise field sales executed through the TIM Enterprise distribution infrastructure, supplemented by a content and threat-intelligence marketing engine (blog, weekly threat reports, LinkedIn and Twitter). The company is a wholly-owned subsidiary of Gruppo TIM (S.p.A. con unico socio), headquartered in Turin with operational offices in Rome, Naples, and Orvieto, and CEO Eugenio Santagata.

Revenue is generated primarily through enterprise subscription and project-based cybersecurity and cryptography engagements; pricing is not publicly disclosed. Recent strategic activity includes a minority investment in quantum fiber-optics startup Quantum Telecommunications Italy (QTI) in August 2024 and a partnership with Fortinet to deliver Quantum-Safe VPN announced in November 2024. The company is led by CEO Eugenio Santagata and has 101-250 employees.

Name

Telsy

Legal name

Telsy S.p.A.

Website

https://telsy.com

Company type

Private

Founded year

1971

Operating status

Operating

Headcount range

101–250 employees

Short description

Telsy is the cybersecurity and cryptography competence center of Italian telecom group TIM, offering cyber, crypto, and quantum-safe solutions to enterprises and organizations in Italy through TIM Enterprise's distribution channel.

Ownership category

akta.pro rank

Product category

Cybersecurity Software

NAICS

Security Systems Services (except Locksmiths) (561621), Security Systems Services (56162), Computer Systems Design and Related Services (54151)

SIC

Communications Services, Nec (4899)

akta.pro primary industry

Quantum-Secure Network & Transport Encryption (VPN/TLS/IPsec/MACsec) (HDAGAGAF)

akta.pro secondary industries

Quantum-Safe Cryptographic Algorithms & Protocols (PQC) (HDAGAGAC), Quantum-Safe Secure Messaging & Data-in-Transit Protection (HDAGAGAH), Quantum-Safe Hardware & Embedded Security (TPM/secure elements/firmware) (HDAGAGAJ), Secure Communication & Collaboration (Secure Messaging/Email/Teleconferencing) (HLACAJAM), Quantum Security (PQC/QKD) Training & Readiness Services (HDAGALAG), Network Security Services (Firewall/VPN/ZTNA/SASE Integration) (BPAEAEAG)

Keywords

• Cybersecurity solutions
• Cryptography services
• Quantum security
• Threat intelligence
• Secure communications

Headquarters

HQ city

Torino

HQ country

Italy

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Cybersecurity Solutions: Telsy generates revenue by providing specialized cybersecurity solutions including threat intelligence, cyber defense products, and cryptographic services to enterprises and organizations. Operating as TIM Enterprise's brand company for cyber and crypto offerings.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Telsy designs and delivers specialized cybersecurity, cryptography, and quantum security solutions for enterprises and organizations. Its portfolio spans proprietary secure communications products (TelsyInTouch, TelsyATMO, TelsyMobileDefender), post-quantum cryptography systems (TelsyMusa), a Cyber Threat Intelligence platform (TS-Intelligence), a healthcare-focused SOC (TelsyMediSOC), security awareness training (TelsySkills), Red Teaming services, and a Quantum-Safe VPN co-developed with Fortinet.

Product overview

Telsy is a cybersecurity and cryptography company, the center of competence for communications security and cybersecurity of Gruppo TIM and brand company of TIM Enterprise. The company offers an integrated portfolio of cyber, crypto, and quantum security solutions organized around three solution categories: Cyber Solutions (threat intelligence, incident response, security monitoring, Red Teaming, and security awareness via TelsySkills), Crypto Solutions (post-quantum cryptography, secure communications via TelsyInTouch and TelsyATMO, TelsyMusa, and TelsyMobileDefender), and Quantum Solutions (QKD and quantum-safe communications including Quantum-Safe VPN with Fortinet). Key products include TS-Intelligence (with TS-WAY), TelsyMediSOC for healthcare, and various cryptographic tools. The ecosystem combines proprietary solutions with strategic partnerships to serve businesses and organizations of all sizes.

Differentiator

Problem solved

Functional benefit

Brands

• TelsyInTouch: Secure mobile conversation solution for protecting communications from cyber risks.
• TelsyATMO
• TelsyMusa
• TelsySkills
• TelsyMediSOC
• TelsyMobileDefender
• TS-Intelligence

Products and services

• TS-Intelligence
• TelsyInTouch
• TelsyATMO
• TelsyMusa
• TelsyMobileDefender
• TelsyMediSOC
• Red Teaming
• TelsySkills
• Quantum-Safe VPN
• TelsyFree Secure DNS over TLS

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability1 record

Feature6 records

Partnerships

One partnership is on record.

• FortinetcoreTechnology or Integration · 4 November 2024Telsy and Fortinet collaborated to develop Quantum-Safe VPN solutions, combining Telsy's cybersecurity expertise with Fortinet's network security technology. In the quantum computing era, where current security may become vulnerable, the partnership aims to adopt future-proof solutions for organizations.

Scale indicators2 records

Recent moves5 records

Expansion highlights6 records

Emerging players

• Post-Quantum (PQShield): UK-based post-quantum cryptography software and hardware IP company. Comparable to TelsyMusa as a PQC algorithms/protocols provider, with overlapping customers in regulated industries preparing for post-quantum migration.
• QuintessenceLabs: Australian quantum cybersecurity company specializing in quantum random number generation (QRNG) and quantum key distribution. Direct peer in quantum-safe crypto infrastructure — overlapping with Telsy's investments in QKD and QTI.
• Crypto4A Technologies: Canadian quantum-safe hardware security platform (QHSM) and QKD provider. Comparable to Telsy's cryptographic secure elements and quantum-safe infrastructure offerings, though focused on hardware rather than services.
• Arqit Quantum Inc. UK-based pure-play in post-quantum cryptography and QuantumKey-as-a-Service. Direct competitor in the PQC/quantum-safe networking space, overlapping with Telsy's TelsyMusa and Fortinet Quantum-Safe VPN positioning.

Broad incumbents

• Thales Group: European defense and digital security giant with a Thales Cybersecurity & Digital Identity business. Comparable in post-quantum cryptography, secure communications, and quantum-safe solutions — overlapping with Telsy's TelsyMusa and TelsyInTouch offerings, but at global scale.
• Leonardo S.p.A. Italian defense and cybersecurity conglomerate with a dedicated Cyber & Security division. Comparable as a large Italian-headquartered incumbent offering overlapping cyber, crypto, and secure communications capabilities to government and enterprise, though at much larger scale and broader portfolio.

Direct peers

• Elettronica S.p.A. Italian defense electronics and EW/cyber company with significant cybersecurity and SIGINT capabilities. Comparable as a domestic Italian cybersecurity specialist serving defense and national-security clients, with similar cryptography and secure communications heritage.
• ID Quantique: Swiss-based leader in Quantum Key Distribution (QKD) and quantum-safe network encryption. Direct peer in Telsy's Quantum Solutions category — both sell quantum-safe communications and QKD infrastructure to enterprise and government customers.
• Engineering Ingegneria Informatica: Italian IT services and cybersecurity provider with significant presence in digital security and public-sector cyber contracts. Comparable as a domestic Italian cybersecurity/system integrator competing for the same enterprise and regulated-sector clients.

Regional players

• Yarix (Var Group): Italian cybersecurity division of Var Group providing SOC, incident response, and managed security services. Comparable as a domestic Italian competitor in Cyber Solutions — overlapping with Telsy's threat intelligence, incident response, and Red Teaming services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/TelsyGruppoTIM
• LinkedInlinkedin.com/company/telsy

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Telsy