Zadara has acquired Brazil-based tech provider ZVS to provide better service to enterprises in Brazil and throughout Latin America. Zadara offers fully managed, distributed cloud architecture, supporting innovative use cases without requiring investments in additional hardware, technology, or human capital. The acquisition is part of Zadara’s increased presence and momentum in LATAM.
Funding for Latin American startups hit its lowest point in January in the past five years, with no signs of improvement in February, according to the latest report by SlingHub. Latin American startups secured US$290 million in February, a 75% decline year-over-year. February recorded the lowest number of investment rounds since 2017. SlingHub listed 53 funding rounds for the month, down by 37%. Of total transactions, 28 took place in Brazil, and six each in Argentina, Chile and Mexico.
MENA-focused seed investor Flat6Labs has announced the launch of a new US$95 million fund to nurture the growth and development of early-stage tech startups on the African continent. Flat6Labs is the MENA region’s leading seed and early-stage venture capital firm, running a host of startup programmes and active in Egypt, Lebanon, Tunisia, Bahrain, Jordan, the UAE, and Saudi Arabia.
When BlueConic bought experience builder platform Jebbit last July, it positioned the combination as “the industry’s first-ever Operating System for Customer Data”. In case their meaning wasn’t clear, they’ve now directly integrated Jebbit with BlueConic profiles and segmentation, enabling marketers to launch no-code quizzes, surveys and personalized guided journeys without leaving the CDP.