Tamatem Raises $3.5M in Series A Funding

tamatem

Tamatem, an Amman, Jordan-based mobile games publisher in the Arabic speaking market, raised $3.5M in Series A follow-on funding round.

The round was led by existing investor Wamda Capital, with participation from Modern Electronics Company (a subsidiary of AlFaisaliah Group) and North Base Media.

The company intends to use the funds to double down on its efforts in the region, and to expand beyond the MENA to underserved markets worldwide. In 2020, Tamatem will grow the marketing scale of their existing titles, including through offline events. In addition, they will open its offices in Riyadh.

Led by CEO Hussam Hammo, Tamatem is a mobile games publisher in the Arabic speaking market, working with developers from all over the world to expand their reach in the market. Following success in the Arabic speaking market- with over 75 million downloads, 3.5 million monthly active users and a $2.5MM venture round in 2018, the company will be publishing titles in other emerging and underserved markets.

FinSMEs

17/02/2020

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