{"id":660614,"date":"2013-05-28T14:17:43","date_gmt":"2013-05-28T18:17:43","guid":{"rendered":"http:\/\/www.pehub.com\/?p=250186"},"modified":"2013-05-28T14:17:43","modified_gmt":"2013-05-28T18:17:43","slug":"cloudswave-raises-500k-from-istitmar-invest","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/660614","title":{"rendered":"Cloudswave Raises $500K From Istitmar Invest"},"content":{"rendered":"

Cloudswave.com<\/strong> said it raised $500,000 from Istitmar Invest<\/strong> to develop its software as a services marketplace.<\/p>\n

PRESS RELEASE<\/strong><\/p>\n

10 Mai 2013 \u2013 Casablanca, Morocco\u00a0\u2013The Services as a Software marketplace,\u00a0cloudswave.com, announced today that it has received $500,000 in funding from Morocco\u2019s leading Web consortium and angel investors.<\/p>\n

Cloudswave (http:\/\/www.cloudswave.com\/) announced today that it has received $500,000 in funding from Istitmar Invest, a moroccan Pharmaceutics \u00a0and Technology leader, to further develop its marketplace.<\/p>\n

The managers at Istitmar Invest had previously backed two growing African startups,\u00a0mubawab.com\u00a0(real estate portal) and Ad4game.com (a worldwide games and entertainement affiliate network). They decided it was time they added an online marketplace to their portfolio.<\/p>\n

Cloudswave CEO Reda Sedrati, comments: \u201cWe\u2019re delighted to have the backing of such esteemed investors. It gives credibility to companies such as ours that operate in developed countries with Africa based backoffices. Africa has a lot to contribute to the internet economy, and our team is totally committed to prove this point.\u201d<\/p>\n

Discover, compare, Save\u2026<\/p>\n

Cloudswave helps SMB owners and Entrepreneurs find the right online services for their needs, and strives to bring them unbeatable prices and exclusive deals on carefully selected online services.
\nReflecting positive take-up by its target audience, the company also announced it is now serving 100,000 visitors per month with more than 2 000 products and 50 deals featured on the platform\u2013 after just 6 months of operations.<\/p>\n

\u201cGoing after the international market while operating from Morocco is not the easiest thing to do, but we have managed to build a qualified and dedicated team to develop the project. We also benefit from much lower operational costs\u201d says Reda Sedrati.<\/p>\n

ABOUT CLOUDSWAVE<\/p>\n

Cloudswave helps SMB\u2019s owners and Entrepreneurs find the right online service for their business needs, and strives to bring them unbeatable prices and exclusive deals on carefully selected online services. Cloudswave can be used as a general directory that guides them among a rich and more competitive web application offer, with detailed descriptions, videos, screenshots and a comparator allowing them to study product features.
\nPRESS CONTACT<\/p>\n

For more information, media materials or access to management, please contact:
\nReda Sedrati | CEO: rsedrati@cloudswave.com<\/p>\n

The post Cloudswave Raises $500K From Istitmar Invest<\/a> appeared first on peHUB<\/a>.<\/p>\n

\n<\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a>\n<\/div>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Cloudswave.com said it raised $500,000 from Istitmar Invest to develop its software as a services marketplace. PRESS RELEASE 10 Mai 2013 \u2013 Casablanca, Morocco\u00a0\u2013The Services as a Software marketplace,\u00a0cloudswave.com, announced today that it has received $500,000 in funding from Morocco\u2019s leading Web consortium and angel investors. Cloudswave (http:\/\/www.cloudswave.com\/) announced today that it has received $500,000 […]<\/p>\n","protected":false},"author":7545,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-660614","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/660614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/7545"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=660614"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/660614\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=660614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=660614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=660614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}