This is the first time we've mentioned an investor from the Kingdom of Bahrain in a post, and quite possibly the last. But Ithmaar Bank of the Kingdom of Bahrain, an island in the Persian Gulf, is one of several investors in a Britain-based company, EnQii Holdings Ltd., a digital signing firm that on Tuesday announced an $18 million Series B round of funding.
Enqii is billed as a digital "out-of-home" media company. Put more simply, it provides the technology that serves advertising on digital signs such as electronic billboards and other display networks like an in-store merchandising screen or other places with captive audiences. The company has more than 100 customers in 14 countries who typically operate substantial numbers of screens.
Capital Partners and Wellington Partners also contributed to the $18 million, joining Ithmaar Bank, which participated in Enqii's $10 million Series A funding round
last year. Funds will be used to accelerate the London company's growth.
- David Shabelman
Your comment about Ithmaar bank only show your ignorance of the global financial system and a bad reflection of your publication as a whole. To get a little education you might want to look into where Citibank (the world's biggest bank) goes for money when they come up short and then re-evaluate where your coverage will be in the future.