Qatari Mannai Corp. assets finds its way into Swiss Nexthink

01 Mar 2015

(MENAFN) Qatari funds are set to be extended to European tech firms with Mannai Corp. leading the way along with its investments, Gulf News reported.

The Mannai Corp. put some of its financial resources in the Swiss Nexthink. A deal in which Nexthink secured a sum of USD14.5 million in a Series D round of funding.

Nexthink was initiated with a capital of USD7.99 million. Today, its venture capital from Qatari, Swiss, and French investors are estimated at USD28 million.

“Our general manager in the region had established a great business relationship with Mannai Corporation as one of our first partners in the Middle East,” CEO and Co-founder of Nexthink said in a statement.

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