Software

Crowdinvestment takes off in the Middle East: Dubai startup raises equity capital on Eureecaa

Crowdinvestment takes off in the Middle East: Dubai startup raises equity capital on Eureecaa

It’s 10am in Nabbesh’s offices in Dubai. The team is a bit speechless. “We’re at 29%,” someone says excitedly. Founder Loulou Khazen sounds surprised. Yesterday, at the same time, Nabbesh, a skill exchange platform based in Dubai, debuted the first equity crowdfunding campaign on Eureeca, an equity crowdfunding platform, since it went live last month. Crowdinvestment won’t be the startup’s only source of capital, as the startup is currently negotiating a series A round with institutional investors and business angels. Yet Khazen and her team decided to try to raise US $100,000, for a total equity stake of 6.67%, from the crowd, as a test. “Crowdfunding was always something that…

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9Lenses Announces a New Approach to Business Optimization: Crowd Sourcing Apps

9Lenses new cloud apps tap the social side of business strategy. (PRWEB) January 31, 2013 9Lenses announced the release of 21 business optimization applications that enable any company to connect insights across their entire business. Best-of-breed companies spend millions of dollars annually attempting to optimize their assets, processes, and structures. 9Lenses’ applications allow anyone in the company to study, analyze, and connect optimization initiatives in one platform. “Every company invests in optimization to drive performance,” says CEO and Founder of 9Lenes, Edwin Miller. “Leaders that really make a difference know how to facilitate positive outcomes. The way we do that in business is by asking great questions and crafting…

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