byanat, an Oman-based data analytics company that provides a SaaS analytics platform that integrates IoT and connectivity management for connected infrastructure, raised seed funding to revolutionize the data analytics industry.
Notable investors who participated in the funding round include 500 Global, Sanabil Investments, Omantel, Al Jabr MENA, and prominent angel investor Yaser Alghamdi.
The investment will speed the development of byanat’s product and technology, enable access to the Saudi market, and support rapid growth.
byanat’s SaaS solution helps scale and maintain connected infrastructure, by unifying connectivity management, device management, and data analytics.
"This milestone investment strengthens our dedication to scaling our operations, broadening our product range, and entering new markets," said Ahmed Alghadani, co-founder and CEO of byanat. The startup has received the Machine Learning Award in Data at Oman’s 2nd Big Data and Analytics Meet and is among the top 2% accepted into the 500 Global accelerator program in the MENA region.
Round: Seed Round
Funding Month: June 2023
Additional Investors: 500 Global, Sanabil Investments, Omantel, Al Jabr MENA, and prominent angel investor Yaser Alghamdi
Company Website: https://www.byanat.om/
Software Category: SaaS Analytics Platform
About the Company: Founded in 2022 by Ahmed Albadi and Ahmed Alghadani, byanat is a data analytics company that offers a SaaS analytics platform to scale and maintain connected infrastructure by combining connectivity management, device management, and analytics. byanat's platform offers a synergistic combination of connectivity management, device management, and analytics specifically designed for connected infrastructure. The company’s mission is to leverage devices and connectivity data, empowering a highly efficient, dependable, and sustainable infrastructure for our ever more interconnected world.