Tunisian Big Data Startup Biware Raises 1 2M Funding Round For Expansion
Biware, founded in 2011 by Mohamed Amine Boussarsar and Walid Kaâbachi, helps companies extract value from their data for strategic purposes like increasing revenues, saving costs, and reducing losses. Biware will use the MAD3.5 million (US$1.2 million) seed round from CDC Gestion and Zitouna Capital to expand its workforce to 100 engineers and open three African and European branches by 2025. In the African and European markets, Biware has a portfolio of about fifty customers (mainly large companies) in the finance, telecommunications, retail, service, and energy sectors....