Rizek
Latest round
- Seed
Last raised
- Sep 2019
Total raised
- $1.5M
Investors
- 1
About Rizek
Rizek Ltd.Founded in 2019 in Abu Dhabi, United Arab Emirates, Rizek Ltd. specializes in cloud solutions and has completed 4 deals, with the latest being a Trade Sale in July 2022, where Astra Tech acquired the company for USD 500 mn.Rizek Ltd. provides a variety of cloud-based solutions, primarily through its Azure Web App platform. This flagship offering allows developers and businesses to efficiently build, deploy, and scale web applications, accommodating various programming languages and frameworks.Rizek Ltd. operates on a subscription-based revenue model, which ensures predictable and recurring income. Clients access the Azure Web App platform through various pricing tiers tailored to their application needs and usage levels.Rizek Ltd. Specific initiatives include launching new features for the Azure Web App platform aimed at improving user experience and operational efficiency. Additionally, the company is targeting expansion into emerging markets in the Middle East and Southeast Asia by the end of 2023, capitalizing on its existing technology infrastructure.
Who invested in Rizek
1 investor across 1 round
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Funding rounds
Seed
Sep 15, 2019
Amount
$1.5M
Investors
Questions about Rizek
Who invested in Rizek?
Rizek has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Rizek raised?
Rizek has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Rizek last raise money?
Rizek's most recent round on record is a Seed, in Sep 2019.
What does Rizek do?
Rizek is a outsourcing company.
Where is Rizek headquartered?
Rizek is headquartered in Abu Dhabi, United Arab Emirates.
Which VCs invest in companies like Rizek?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back outsourcing companies at Rizek's stage. Their profiles are linked below.
VCs backing outsourcing startups at Seed
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