Homegrown IT services provider Asas Specialised Information Technology has closed a SAR 1.2 mn pre-seed funding round led by Abdulrazzaq Mohammed Al Ansari, among other unnamed angel investors, according to a press release.

The proceeds are being earmarked for Asas subsidiary Resquad AI, with the AI-powered IT recruitment outfit looking to expand further into the Kingdom, serving more tech-powered sectors. The proceeds will also be used to enhance the subsidiary’s tech stack.

What’s Resquad AI? The startup focuses on “connecting local software development studios with other companies needing additional workforce to complete their projects,” according to its website. Resquad facilitates the hiring of front-end, and back-end developers, as well as database managers, cloud and data science experts, and cybersecurity specialists. The platform also has a rate estimator where clients can use it to discover the hourly competitive rates of the IT professionals they are seeking to hire.

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