Naseeb Networks announced that it has secured funding for Series B financing from two pre-eminent Silicon Valley venture capital firms, ePlanet Ventures (ePlanet) and Draper Fisher Jurvetson (DFJ). Naseeb Networks is a leading provider of online recruitment, social networking, classifieds and related services in Pakistan. They plan to use the funding to accelerate growth and leadership in target markets- this will be done by investing in a more aggressive sales force and marketing expansion plan, enhancing their product portfolio.
This funding demonstrates strong investor confidence in Naseeb’s vision, technology and market strategy. Monis Rahman, Founder and CEO of Naseeb Networks said, “This funding round provides growth capital and domain expertise from two clear leaders in global venture capital, which will enable us to further dominate our target markets and seize emerging market opportunities.”
