The company said the financing will be utilized to grow to encourage its restrictive showcasing technology which associates on the web and disconnected mobile channels to furnish African brands and SMEs with more client achieve, engagement and transformations with self-benefit get to.
EloUmeh, the Chief Executive Officer, while remarking on the new speculation said it will empower the Lagos-headquartered company employs the best accessible ability who will help drive business improvement endeavors crosswise over industry verticals and understand one of a kind mobile difficulties to open critical incentive for African companies.
Terragon workplaces are situated in Lagos, Nigeria, Nairobi, Kenya, and Accra, Ghana with more than 100 representatives close by technology center points in Bangalore, India and Ile-Ife, Nigeria.
It works intimately with the biggest mobile system administrators in Africa, MTN, quick moving customer merchandise brands, companies, monetary foundations, driving distributors, cell phone producers and application designers on the landmass giving brands access to more than 100 million buyers on mobile web and non-web channels.
Ido Sum, Partner at TLcom stated: “We have taken after Terragon intently for some time, seeing it forming into a world-class Marketing Technology company focusing on the interesting African opportunity. Over late years we drove ventures into Upstream (left to Actis), and additionally NYC based Persado and Cubiq who are among the pioneers in the MarTech space in the US, and we are persuaded that Terragon’s profound market comprehension and stage quality can permit Africa’s best brands and also SMEs to at long last achieve, secure and serve African purchasers at scale more than ever”.