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.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
You may also like...
Airnergize Capital Closes $239 Million Fund for African Energy, Water and Gas Infrastructure
Airnergize Capital, the clean technology investment platform within New GX Capital, has closed its first fund at approximately $239 million to finance energy, water and gas infrastructure businesses across Southern Africa and other African markets.
Madica Backs Five African Startups With Up to $1 Million, Enters Algeria and Cameroon
Madica has committed up to $1 million to five African startups, expanding the pre-seed investment program into Algeria and Cameroon for the first time.
Synapse Analytics Raises $13 Million Series A to Expand AI Decisioning Platform
Egypt-founded financial technology company Synapse Analytics has raised $13 million in Series A funding to expand its AI decisioning platform for regulated financial institutions across Africa, the Middle East, Latin America, and other international markets.