SA’s Snapt on track for 1000% revenue growth after landing $3m investment

Two years after raising $1-million in funding, SA tech company Snapt this week landed $3-million from three local investors — Nedbank, Sanari Capital and Convergence Partners (which took part in the earlier round) — and is on track to record a 1000% increase in revenue this financial year.
The company, which was founded in 2012 by Dave Blakey (pictured above) and Douglas Cherry, did not disclose the size of the equity stake that the investors have taken in the company.
Snapt provides applications delivery controller solutions which help websites and apps with load balancing, as well as web acceleration and security which enable business-critical websites to stay online and perform […]

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