Convergence Partners Invests US$1 Million in Snapt (Sub-Saharan Africa)

Source: Convergence Partners

Africa-focused investment management firm Convergence Partners has invested US$1 million in South Africa-based load balancing, web acceleration and security software company Snapt. The company, which has a reported client base of 10,000 customers across 50 countries, plans to use the new capital to expand internationally.