Wowzi secures $3.2 mln funding to expand across Africa

Kenyan startup, Wowzi, says it has secured 2 million dollars in funding to expand the reach of its influencer marketing platform. The company aims to tap the increasing usage of social sites across the continent driven by the proliferation of smartphones and a deepening internet penetration. The $2 million seed round comes after a previously unannounced $1.2 million pre-seed round, bringing the total amount raised to date to $3.2 million dollars. Wowzi plans to use the new investment to set up operations in Ghana, Nigeria and South Africa, seeking growth opportunities beyond Kenya, Uganda and Tanzania.

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Видео Wowzi secures $3.2 mln funding to expand across Africa канала CGTN Africa