Tarjama secures $5m in Series A funding led by Anova

Nour Alhassan
Updated 18 March 2019

Tarjama secures $5m in Series A funding led by Anova

Tarjama, a language service provider in the Middle East, has successfully raised $5 million in a Series A funding round led by Saudi-based Anova Investments. 

This strategic investment round will enable Tarjama pursue growth opportunities and scale its business operations. It will also allow the company to further boost its technology platforms, with a focus on Arabic content and translation services. This includes Ureed, the region’s first and only dedicated online marketplace focusing on translation and content services. 

“We are very excited about the possibilities this funding round brings to Tarjama encompassing core service offerings and technology platforms. The strategic partnership with Anova will further strengthen Tarjama’s ability to expand and support its offerings in all markets, especially in the Saudi market,” said Nour Alhassan, CEO of Tarjama. 

Nouf Aljeraiwi, executive director of Anova Investments, said: “Tarjama took the translation industry from a traditional business model to a highly advanced technologically driven platform featuring accuracy, speed and flexibility, all key ingredients in today’s business environment. As Tarjama strengthens its presence in the Saudi market, Anova Investments will support this important phase to accelerate Tarjama’s growth.”

Founded in 2008, Tarjama has a presence in eight countries and, since its founding, has translated over 500 million words. Tarjama’s portfolio offers translation services in over 150 languages, including Asian, African and European language pairs. The company employs over 130 full-time translation specialists and experts at its offices in the UAE, Saudi Arabia, Jordan, Egypt, Lebanon and the US. Since its inception 11 years ago, Tarjama has established numerous partnerships and long-term relationships with public and private sector stakeholders, both regionally and globally. 

Anova Investments is a Saudi investment company with focus on the tech industry in Dubai, Saudi Arabia and the US. Anova is also engaged in developing several public and private sector projects in the Kingdom. Its headquarters are located in Riyadh.

Anova Investments adds several value-added resources to Tarjama and brings access to the Saudi market, enabling Tarjama accelerate resource allocation to emerge as one of the leading forces for language services in the Kingdom.

New Hyundai Sonata a sportier mid-size sedan

Updated 50 min 31 sec ago

New Hyundai Sonata a sportier mid-size sedan

Hyundai’s new Sonata is ready for showrooms, giving the eighth-generation of the mid-size sedan a sleek four-door-coupe look that highlights the brand’s latest “sensuous sportiness” design language.

Created at Hyundai’s California Design Studio, the redesigned Sonata offers a freshly styled cascading grille framed by distinctive lighting architecture, and an entirely new rear. Chrome accents surround the daylight opening (DLO) and fresh wheel designs complete the look. New bodywork is built on Hyundai’s latest third-generation platform for a re-engineered driving experience.

“For more than three decades, each new generation of Sonata has raised the bar for quality and value among mid-size sedans, and this latest evolution also sets the standard for style, innovation and technology,” said Mike Song, Hyundai’s head of operations for the Middle East and Africa. “In a market increasingly divided into niche segments, the all-new Sonata reconsiders customer expectation in the sedan class and offers something sportier and more exciting than what has gone before.”

A hallmark of the new Sonata’s exterior is its Hyundai-first LED daytime running lights — embedded in a chrome strip. The lighting strip appears as chrome when the engine is turned off, but lights up when the driver starts the car. When night falls, available LED headlamps with dynamic bending light illuminate the path ahead.

Inside, the renewed center stack and instrument panel echo the exterior’s new looks. The trend carries down to the instrument design and a strong three-spoke steering wheel. Piano key buttons for audio and HVAC controls give a premium look and touch. The instrument panel follows a winged shape inspired by stealth aircraft. Visual elements combine to create a levitating effect, while designers have worked to maximize the sense of interior space. One clever application of new technology is a shift-by-wire (SBW) gear selector, which is sleek and technologically advanced, and takes up significantly less space than a traditional gear selector.

Interior fittings include a standard seven-inch color display audio touchscreen with both Apple CarPlay and Android Auto integration, and a Qi wireless charging pad is available to keep smartphones topped up. Sonata now adds a second-row USB charge port. At the heart of the AVN system is a Bose premium sound system equipped with 12 speakers.

“The all-new Hyundai Sonata delivers a premium experience for driver and passengers,” added Song. “We apply a range of new technologies intuitively, with an emphasis on functional convenience, adding features that we know our customers will use and value.”

The new Sonata features six standard airbags and a range of safety systems, including advanced driver assistance systems (ADAS) as part of Hyundai’s SmartSense technologies.