Optimal Technology Solutions LLC

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Optimal Technology Solutions LLC - overview

Established

2006

Location

Riyadh, -, Saudi Arabia

Primary Industry

Software

About

Founded in 2006 and based in Riyadh, Saudi Arabia, Optimal Technology Solutions LLC, trading under the name Unifonic Inc. , provides cloud communication solutions, enabling SMS, voice, phone number verification, and real-time roaming detection services. The company was founded by Ahmed Hamdan (CEO) and Hassan Hamdan (CTO), and as of September 2021, Unifonic also operates in Pakistan, Jordan, and the UAE. In September 2021, the company received USD 125 million in series B from Softbank and Sanabil.


  The company offers business customers cloud-based communication tools and allows for the integration of text and voice-based solutions via an API platform. The technology integrates cloud-based software, phone APIs, and real-time data intelligence to eliminate the need for hardware infrastructure. It operates a customer engagement platform that offers communication channels, messaging apps, and chatbots intended to help companies communicate with their customers and enable them to sustain positive feedback from the clients.   Optimal Technology Solutions LLC plans to utilize the series B funding to expand its market in the Middle East and into Asia and Africa, and will also look at acquisitions in those regions.


Current Investors

Endeavor Catalyst, Riyad Capital, RAED Ventures

Primary Industry

Software

Sub Industries

Social Networking & Communication Platform, Application Integration Software, Customer Relationship Management

Website

www.unifonic.com

Verticals

Cloud Computing, Cloud Computing, Mobile Apps

Company Stage

Series B

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.