Moroccan Social Ad Startup Buzzeff Raises $1.2M for International Expansion
Summary
Buzzeff, a Moroccan social video advertising startup, raised $1.2 million from a Luxembourg private equity investor and European web entrepreneurs. The company focuses on distributing branded video content across social networks and measuring campaign performance. It has already served more than 60 advertisers and reached millions of monthly page views through a large publisher network across MENA. The new capital will help Buzzeff open a Dubai entity, strengthen sales in Algeria and Tunisia, and expand across the region.
Funding
Amount
$1.2M
Total raised
Date
August 21, 2012
Announcement date
Investors
-
Lead investors
Company
http://www.buzzeff.com
Funded company
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