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  • 06-10-21

    Data management, analysis startup Biware boosts USD1.2M seed funding round

    (MENAFN)Data management and analysis startup Biware increased USD1.2 million seed funding round.

    In addition, the Tunisia-based business encourages companies to use data for strategic purposes, including increasing revenues, optimizing costs, and decreasing losses.

    It is going to use the money to employ more Biware’s data engineers, and to set three more offices in Africa and Europe by 2025.

    The Biware team declared that “Our first customers were telecoms operators, a sector with strong competition, where the detailed knowledge of the behaviors of their customers is a strategic lever for marketing to capture, increase revenue, and retain the customer.”

    The startup has a range of about 50 customers in the finance, telecoms, retail, service, and energy sectors in the African and European markets at present.

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