Thndr Claps » EGY Claps » Startup Spotlight 💡 » ArabyAds secures the bag 💰
The ClapArabyAds succeeded in raising $30 million in its Pre-Series B funding round.ArabyAdsThe company, established in Egypt with a headquarters in UAE, assists advertisers in acquiring and retaining customers, using its technology platforms, and providing data on ad performance.Who InvestedThe funds were raised by Africinvest, who manage various asset classes such as venture capital and private equity. How will they Use the Funds?The company will use the funds to expand its market presence as well as to invest in technology on a larger scale.
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