Naspers Injects Fresh Capital in Series C Funding into SimilarWeb for Global Expansion

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Naspers_Building,_Cape_TownSouth Africa media giant Naspers has invested an undisclosed amount of funding in Series C into web analytics company SimilarWeb for their global expansion and competitiveness.
In a blog post this evening, SimilarWeb says the funding will help it  “grow faster and bring better Global Web Measurement and Competitive Intelligence solutions for the online marketing industry”
The fresh round of funding will help fuel the firm’s global growth and develop its product as the best business tool to understand their  competitive positioning in Internet and mobile business.

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Naspers has investments across the firms in e-commerce, pay-television & related technologies and print media in over 130 countries including in China and Russia. With the firm’s global experience, SimilarWeb Pro will have the capaicity to take on Alexa and other web analytics softwares to become the “default marketing tool to measure and benchmark web activity across all countries and all platforms.”
Naspers also owns thousands of websites will be the firms biggest client using its SimilarWebPro tools.

TechMoran will update on this story as we get more details. Naspers recently announced a new CEO and also shut down a number of firms to focus on Kalahari in South Africa.

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Sam Wakoba
Based in Nairobi, Kenya, Sam is a pan-African technology journalist, author, entrepreneur, technology business mentor, judge, educationalist, and a sought-after speaker and panelist across Africa’s innovation ecosystem. He is the convenor of the popular monthly #TechNight evening event and the #StartupEast Awards and Conference, platforms that bring together startup founders, developers, entrepreneurs, investors, content creators, and tech professionals from across the continent. For more than 16 years, Sam has reported on and analysed Africa’s technology landscape, covering some of the continent’s most impactful, and at times controversial policies, programs, investors, co-founders, startups, and corporations. His work is known for its independence, depth, and fairness, with a singular goal of helping build and strengthen Africa’s nascent technology ecosystem. Beyond journalism, Sam is a business analyst and consultant, working with brands, universities, corporates, SMEs, and startups across East Africa, as well as international companies entering the East African market or scaling across Africa. In his free time, he volunteers as a consulting editor and fintech analyst at Business Tech Kenya, a business, technology, and data firm that publishes reports, reviews, and insights on business and technology trends in Kenya. Follow him on X: @SamWakoba