Oman’s byanat secures Seed round

  • Date: 11-Jun-2023
  • Source: Wamda
  • Sector:Technology
  • Country:Oman
  • Who else needs to know?

Oman’s byanat secures Seed round

Press release:

byanat, a data analytics company, has raised its seed funding round with contributions from 500 Global, Sanabil Investments, Omantel, Al Jabr MENA, and distinguished angel investors including Yaser Alghamdi. The company's SaaS solution helps scale and maintain connected infrastructure, by unifying connectivity management, device management, and data analytics.

‍The investment will speed the development of byanat’s product and technology, enable access to the Saudi market, and support rapid growth. "This milestone investment strengthens our dedication to scaling our operations, broadening our product range, and entering new markets," said Ahmed Alghadani,  co-founder and CEO of byanat. The startup has received the Machine Learning Award in Data at Oman’s 2nd Big Data and Analytics Meet and is among the top 2% accepted into the 500 Global accelerator program in the MENA region.