7 years ago

Telfaz11 Secures $9 Million Series A to Fuel Expansion

  • Saudi Arabian digital media company Telfaz11 has raised USD 9 million in a Series A funding round led by Saudi Technology Ventures (STV)

  • VentureSouq, Financial Horizon Group, and Badir also participated in the round

  • The funding will be used to build capacity, accelerate revenues, and scale operations

  • Telfaz11 is known for its YouTube shows such as Temsa7LY, Khambalah, Alkhallat, and Telfaz11 Top 5, which have garnered over 2 billion views

  • The company plans to expand its creative and advertising offerings and explore new platforms and verticals.

      • ProblemTechnology

      "The problem is to provide entertainment and creative content to the Saudi Arabian market, tapping into the growing demand for home-grown entertainment and digital media.>"

      Solution

      "Telfaz11 solves this problem by producing and distributing high-quality, award-winning content that resonates with the Saudi audience, providing a platform for local talent to showcase their work, and partnering with brands to promote their products and services to the Saudi market."

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