(Video Interview) ICT Ventures Funded IdeaRating and 2 Other Arab Tech Companies

2 Aug, 2010

Around 10 days ago ArabCrunch  had a meeting with Barig Seraj the CEO of ICT Ventures a Saudi based Venture capital firm.

Barig Seraj informed us about his company and his recent investments, ICT Ventures is a growth based VC that focus in the IT sector. The VC firm made 3 investments so far. First in Mobidiv an Egyptian mobile app developer that is working on a special Chines SMS service, then they invested in ITs2 a digital security company in Saudi Arabia and lastly ICT Ventures closed  an investment round with IdealRatings a SaaS app providing Islamic Shariah screening, purification, and  fund management service for financial institutions that identifies and manages Shariah compliant instruments in the world. IdealRating is founded by Egyptian entrepreneur Youssri Helmy . The SaaS startup received 2 rounds of funding before from  Technology development fund in Egypt and then from Jordan based VC IV Holdings.

Here is the video interview with Barig, were he shed the light on his firm, the companies the invested in and how would they excite.

The Interview was done in Four Seasons hotel in Amman, Jordan. After the interview the hotel’s security came to question the writer of this post about using a camera ?!



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  1. Haytham  |  August 3rd, 2010 at 12:10 AM #

    What is the site of the ICT venture ?

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