Western Technology Investment
Western Technology Investment, established in 1980 and based in Portola Valley, California, is a venture capital firm specializing in acquisition financing for revenue-generating technology companies. It provides debt and lease financing, typically ranging from $250,000 to $30 million, to early-stage and mid-stage companies across North America. With over $3 billion invested since inception, the firm has backed notable companies such as Brocade, Facebook, Google, and Juniper Networks. Western Technology Investment targets companies expected to achieve at least $25 million in sales within five years, and may also provide equity capital alongside debt financing.
Terragon is a prominent data and marketing technology company headquartered in Lagos, Nigeria, with additional offices in Kenya, South Africa, Ghana, and India. The company specializes in providing enterprise marketing software that aids businesses in customer acquisition and sales management. By leveraging a combination of online and offline data, along with predictive scoring, Terragon enables brands, marketing agencies, and platforms to effectively target consumers across various channels and devices. Their solutions allow for the collection, aggregation, and monetization of first-party data directly from customers, ensuring that advertising efforts are data privacy compliant and do not depend on third-party cookies. This approach empowers businesses to gain insights into consumer behavior and enhance their digital marketing strategies while measuring the effectiveness of their campaigns.
Kobo360
Seed Round in 2018
Kobo360 is a digital logistics platform that connects cargo owners, truck operators, and drivers to streamline the supply chain process. Founded in 2017 and headquartered in Lagos, Nigeria, the platform utilizes data analytics and artificial intelligence to enhance efficiency in logistics operations, particularly in last-mile delivery. Kobo360 aims to reduce communication gaps and optimize pick-ups and deliveries, ensuring goods are moved seamlessly across the continent. The company also supports rural farmers by minimizing farm wastages, thereby enabling them to access new markets and increase their earnings. In addition to its logistics services, Kobo360 plans to establish a marketplace to link farmers directly with buyers globally, which will help eliminate intermediaries and improve profitability for smallholder farmers. Ultimately, Kobo360 seeks to build a comprehensive logistics ecosystem that enhances trade and commerce in Africa and emerging markets.
Kobo360
Seed Round in 2018
Kobo360 is a digital logistics platform that connects cargo owners, truck operators, and drivers to streamline the supply chain process. Founded in 2017 and headquartered in Lagos, Nigeria, the platform utilizes data analytics and artificial intelligence to enhance efficiency in logistics operations, particularly in last-mile delivery. Kobo360 aims to reduce communication gaps and optimize pick-ups and deliveries, ensuring goods are moved seamlessly across the continent. The company also supports rural farmers by minimizing farm wastages, thereby enabling them to access new markets and increase their earnings. In addition to its logistics services, Kobo360 plans to establish a marketplace to link farmers directly with buyers globally, which will help eliminate intermediaries and improve profitability for smallholder farmers. Ultimately, Kobo360 seeks to build a comprehensive logistics ecosystem that enhances trade and commerce in Africa and emerging markets.
Andela
Venture Round in 2017
Andela is a global technology company founded in 2014, headquartered in Lagos, Nigeria. It specializes in recruiting, training, and connecting top-tier software developers from Africa and other emerging markets with global companies. Andela's platform streamlines the hiring process, enabling businesses to quickly and cost-effectively augment their teams with skilled talent. The company's unique model involves rigorous screening to select the top 1% of developers, providing them with mentorship and continuous learning opportunities, and managing all aspects of borderless hiring, from compliance to payroll. This allows clients to engage with fully managed teams or select individual roles, up to 66% faster and at a 30-50% cost reduction compared to traditional methods. Andela's diverse talent pool spans over 135 countries and specializes in advanced technologies such as application development, artificial intelligence, cloud & DevOps, and data engineering. The company has earned the trust of prominent global brands, including GitHub, Mastercard Foundry, and Mindshare.
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