Zetta secures $12 million to reinforce footprint in Saudi market

- Zetta, a Saudi DaaS (Device-as-a-Service) company, closed a $12 million investment round led by Core Vision Investment and Ab’ad Al-Watan Investment.
- Founded in 2023 by Faisal Al Abdulsalam, Tabreez Mohiuddin, Waleed Altheeb and Saeeduddin Shah, Zetta enables companies to make the most of their devices, offering tech services as a subscription with a flexible payment plan.
- Funds will drive expansion in the Saudi market and further development of integrated device solutions.
- Last year, Zetta closed a $1.5 million pre-Seed round led by Core Vision.
Press release:
Zetta, a Saudi company specialising in device solutions (DaaS), announced the successful closing of its latest $12 million investment round, led by Core Vision Investment and Ab’ad Al-Watan Investment. The strategic funding will accelerate Zetta’s expansion and strengthen its presence in the Kingdom’s fast-evolving technology market.
Badria Masrahi, CEO of Zetta, commented, “We value the trust of our investment partners and remain committed to developing integrated technology solutions that align with the aspirations of the Kingdom’s digital transformation.”
Faisal Al-Abdulsalam, Founder and CEO of Core Vision, added: “Zetta represents a promising national model in the tech sector. We believe in its strong potential to drive meaningful change in the local market, and we are proud to support it during this pivotal stage.”