Wednesday, March 6, 2019

GBarena secures first patch of an investment round




GBarena raised a seed investment from HIM Angels, a leading angel investment fund in Africa and the Middle East.

Founded by Samer Wagdy, Mustafa Zaza and Bishoy Mesdary, GBarena's core is in helping gamers find local and global challenges, thus allowing them to compete for titles and rewards. To do so, the platform makes it super easy for tournament organizers to create, publish and manage their tournaments. Gamers can simply login to the platform using their Facebook, where they choose their favorite game titles to get suggestions for online tournaments or nearby on-ground tournaments.

“At HIMangel, we look for startups that have identified a “blue ocean” to compete in. This certainly applies to GBarena which is a clear leader in the eSports industry in the entire Middle East. We believe that working together with the passionate and capable team of GBarena, we will be able to grow in an exponential fashion within the coming near future”, commented Khaled Ismail, chairman of HIMangel.