New Investments

Nigerian cloud analytics platform Terragon raises $9 million Series B round for expansion

Terragon, a leading data analytics company specializing in cloud-based solutions, has secured $9 million in a Series B funding round.

The funding round was led by Orange Ventures, with participation from TLcom Capital, LoftyInc, Sango Capital, VestedWorld, and Western Technology Investment (WTI).

The strong backing from these influential investors is a testament to the confidence in Terragon’s capabilities and the potential for significant growth in the cloud analytics sector.

Founded in 2009, Terragon is on a mission to revolutionize data analytics by harnessing the power of the cloud.

Over the years, the company has developed innovative solutions that help businesses extract meaningful insights from vast amounts of data, driving smarter decision-making and enhancing operational efficiency.

With the fresh infusion of capital from the Series B funding, Terragon plans to accelerate its growth and expand its reach into new markets.

The company will focus on scaling its cloud analytics platform, enhancing its data processing capabilities, and furthering its commitment to research and development.

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