SeenReport successfully closes Series-A Round investment
Those who know Dr. Umar Saif, a serial entrepreneur and a Professor at the Lahore University of Management Sciences (LUMS), have heard of the startups that he has helped start, mentor and fund. One of these is SeenReport which won the E-Community and E-Inclusion Award at the P@SHA ICT Awards 2008 and was nominated for participation at the Asia Pacific ICT Awards in Jakarta.
Sharjeel Ahmed Qureshi, who is the young CEO heading SeenReport, sent me the following Press Release earlier today. The whole team comprising Sharjeel, Adil and Yaser amongst others have worked hard to get to this stage. I interviewed them on ITLoW earlier this month to talk about what it took to start up the venture and get to where they are. Closing Series A Round investment from a foreign VC is no small achievement. Well done guys and good luck for the future.
SeenReport Private Ltd has closed Series A round of funding from Al-Janabi Group, a leading media investor in Middle East. SeenReport is the largest citizen news portal in Pakistan and provides both users and media organization expertise in combining traditional and new media by leveraging its rich social media suite.
SeenReport CEO, Sharjeel Ahmed, says, “We are really excited to acquire investment from Al-Janabi Group. As a prominent media venture capital firm, they bring a lot of experience and guidance to the table. Combined with the passion and expertise of SeenReport’s team in fusing traditional and new media, we will certainly achieve higher grounds.”
When talking about the way forward for the company, Sharjeel said, “SeenReport is making a strong impact on the way news is created, shaped, distributed and perceived by the people. Traditional media has already started to embrace SeenReport’s platform. We feel that the funding is well-timed and will enable us to grow our company. We will use this funding to expand the company, strengthen the platform and explore the international market.”
Since its launch on 10 June 2008, SeenReport has made huge strides and now offers a full blown news sourcing and publishing platform. The platform is specifically geared towards gathering news via cell phones, micro-blogging and live casting. The platform supports rich multimedia content and taps into the prominent and emerging social networks and blogs in order to create a comprehensive social media suite.
SeenReport has made its mark with news sourcing platform and unique business model to provide its off-the-shelf social media suite to news organizations and media companies. Already engaging thousands of people and establishing a client base, the social media suite is capable of powering any international news organization’s citizen journalism arm.
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