Zenysis Raises $13.3M To Scale Its Big Data Platform For Emergencies Across Africa, Asia And South America
Zenysis Raises $13.3M To Scale Its Big Data Platform For Emergencies Across Africa, Asia And South America
06/22/22, 10:03 AM
Location
san franciscoMoney raised
$13.3 million
Industry
software
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 Info
Location
san francisco, california, united states
Additional Info
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.