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 * 08 Nov 2021

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SAUDI ENTREPRENEUR INVESTS IN DIGITAL TRANSFORMATION FIRM

Saudi Arabia
 * Date: 07-Nov-2021
 * Source: Arab News
 * Sector: Technology
 * Country: Saudi Arabia
 * Share:
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SAUDI ENTREPRENEUR INVESTS IN DIGITAL TRANSFORMATION FIRM

The Finland-headquartered IT and cybersecurity consultancy Oivan has announced
the completion of a SR9 million ($2.4 million) growth funding round led by Saudi
entrepreneur Bader Othman Alabduljabbar and Finnish tech investor TCG, in
addition to the participation of several Oivan employees, joining as new
shareholders of the company. Oivan expects its team to grow from 160 experts in
2021 to more than 250 experts in 2022. The company’s service catalog ranges from
design, web, and mobile development to cybersecurity consultation and
mission-critical operations teams. Since 1998, Oivan’s operations team has
managed critical components of the internet infrastructure in Saudi Arabia.

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