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Zenysis Raises $13.3M To Scale Its Big Data Platform For Emergencies Across Africa, Asia And South America

Jun 22, 2022•over 3 years ago

Amount Raised

$13.3 Million

San FranciscoSoftware

Description

Zenysis Technologies, a big data startup headquartered in San Francisco and Cape Town, announced today that it has closed $13.3 million in a Series B round. The financing was led by the Steele Foundation for Hope, a nonprofit organization that says it’s focused on finding and funding lasting solutions for some of “humanity’s hardest challenges.”

Company Information

Company

Zenysis Technologies

Location

San Francisco, California, United States

About

Therefore, Stambolis hoped that by launching Zenysis, he’d take some of the talent and resources in Silicon Valley — and South Africa, where the company has its second headquarters — and direct them to work on problems that matter. The big data company has provided its software to partners and governments in Ethiopia, Rwanda, South Africa and Zambia. Five of the nine countries in which Zenysis is active exist in Africa — and the 6-year-old company currently has projects with a further ten on the continent. There are other plans for the Series B investment. Stambolis believes SFFH made its first investment in Zenysis because the firm sees it as a platform for driving impact on a global scale.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech