Majitek and Cisco complete $7.5m equity funding

10 February 2009

Australia's Majitek said today that it has completed a $7.5m round of equity funding welcoming Cisco Systems to its share register. Also participating in the round is Majitek's current investor, Pierce & Pierce. The funds will also be used to expand Majitek's international operations, including opening a permanent office in Dubai, UAE to work more closely with its real estate industry customers and partners in the Middle East.

A MEED Subscription...

Subscribe or upgrade your current package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications