From PE HUB:
ArabiaWeather has closed $2 million dollars in funding. The investors were Badia Impact Fund and Jabbar Internet Group. ArabiaWeather is a provider of weather products, services, and solutions to consumers and businesses in the Middle East.
PRESS RELEASE
New York, London, Doha – December 10, 2014: ArabiaWeather, a leading provider of weather products, services, and solutions to consumers and businesses in the Arab World, today announced it has completed an investment round of two million dollars, led by new investor Badia Impact Fund, a venture capital fund that is part of Silicon Badia, a global group of venture funds based in New York City and Jordan, alongside existing investors Jabbar Internet Group, led by the founders of regional success story Maktoob, Dash Ventures, MENA Venture Investments and others. The company was founded by Mohammed Al-Shaker, the young Jordanian entrepreneur who has become a staple in the weather industry in the region.
Contrary to perceptions outside the region, the Arab World experiences extremely diverse and varied weather, and the suite of ArabiaWeather platforms and mobile products allows people and businesses alike to receive timely, accurate local weather in Arabic – a key differentiator to the many non-Arabic weather services currently available....MORE
