About Cassava Technologies
Cassava Technologies is a Technology company based in Johannesburg (South Africa) founded in 2021 by Strive Masiyiwa. It operates as a data center, security, and cloud services are provided to clients. Cassava Technologies has raised $140 million across 4 funding rounds from investors including Google, Nvidia and Liquid Intelligent Technologies. Its website cassavatechnologies.com draws about 34 thousand monthly visits. Cassava Technologies offers products and services including Fiber Broadband Networks, Sasai Fintech, Cloud and Cyber Security, Africa Data Centres, and Distributed Power Africa. Its focus areas include Business Services, IT Services and Suite. Its competitors include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture and 4 more; 3 of its 9 listed competitors have raised funding.
Company details
Cassava Technologies was established in 2021 in Johannesburg, South Africa, by Strive Masiyiwa as founder and executive chairman. Operations focus on the technology sector, where data center infrastructure, cybersecurity measures, and cloud computing solutions are delivered. Services support digital needs across various industries, with a base in the African market to facilitate secure and scalable IT environments for businesses.
- Headquarters Johannesburg, South Africa
- Founders Strive Masiyiwa
- SectorsTechnology
- Website cassavatechnologies.com
- Social LinkedIn
- Total Equity Funding$140M (USD)
in 4 rounds
- InvestorsGoogle
& 5 more
Products & Services of Cassava Technologies
Cassava Technologies offers a comprehensive portfolio of products and services, including Fiber Broadband Networks, Sasai Fintech, Cloud and Cyber Security, Africa Data Centres, and Distributed Power Africa.
Delivers reliable fiber optic networks for continental connectivity
Offers mobile wallets and secure cross-border payments
Provides cloud security and managed advisory services
Operates interconnected data centers for global economy support
Supplies affordable solar energy through zero-start-up models
Funding Insights of Cassava Technologies
Cassava Technologies has successfully raised a total of $140M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $140M
- Total Rounds 4
- First Round $50M
(Jul 2022)
- Investors Count 6
All 4 funding rounds of Cassava Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2025 | – | Series D | – | – | |
| Dec 2024 | $90M | Series D | – | – | |
| Dec 2024 | $220M | Debt – Conventional | – | – | |
| Jul 2022 | $50M | Series C | – | – |
6 investors in total: 6 institutional.
Investors in Cassava Technologies
Cassava Technologies has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Google, Nvidia and Liquid Intelligent Technologies.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency supporting the development of SMEs | 2019 | dfc.gov | - | |
Investments in sustainable development projects in developing countries. | – | finnfund.fi | - | |
Tech-focused VC firm investing in Europe, the Middle East & Africa | – | c5capital.com | London, United Kingdom | |
A technology company offering products and services, including search engine, cloud computing, advertising, email, productivity software, and more | 1998 | google.com | Mountain View, United States | |
AI-powered graphical processing units and SoCs | 1993 | nvidia.com | Santa Clara, United States | |
Cloud solutions, data centers, and related IT services are provided. | 2005 | liquid.tech | Ebene City, Mauritius |
Investor details for Cassava Technologies
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People of Cassava Technologies
16 people are tracked at Cassava Technologies (16 in leadership).
| Name | Role | Group |
|---|---|---|
Strive Masiyiwa | Founder & Executive Chairman | Leadership |
Caroline Bukenya | Executive Assistant To Chief Financial Officer | Leadership |
Kate Hennessy | Chief Financial Officer & EVP | Leadership |
Lorraine Harper | Group Chief Financial Officer | Leadership |
Mark Reynolds | VP & Head, Investor Relations | Leadership |
Ahmad Mokhles | CEO, Liquid Networks | Leadership |
David Behr | CEO, Liquid Cloud & Cyber Security | Leadership |
Ifeoma Jibunoh-Dozie | Chief Marketing Officer | Leadership |
Hardy Pemhiwa | President & CEO | Leadership |
Nic Rudnick | Deputy CEO & MD | Leadership |
Ahmed El Beheiry | Group COO & Global Head Of AI | Ceo, Cassava Ai. | Leadership |
Giulia Rotondi | Chief Of Staff To President And CEO | Leadership |
Eugine Gorimani | Head Of Business Development At Cassava Smartech International | Leadership |
Adele Stanley | Executive Head: Sponsorship & Events | Leadership |
Darlington Mandivenga | CEO, Fintech & Digital Platforms | Leadership |
Nanda Scott | Group Chief People Officer | Leadership |
Complete people profiles for Cassava Technologies
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Timeline of Cassava Technologies
3 dated milestones of Cassava Technologies across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Cassava Technologies is founded.
- Funding First funding round of $50.0M.
- Funding Latest funding round, Series D,.
Competitors of Cassava Technologies
Cassava Technologies has 9 listed competitors in our database, 3 of them funded. They include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| ionos.com | 1988 | Chesterbrook, United States | – | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. | |
| endava.com | 2000 | London, United Kingdom | – | 12,063 | Endava is engaged in digital transformation and AI-driven solutions. |
Detailed competitors of Cassava Technologies
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Web traffic of Cassava Technologies
The website of Cassava Technologies (cassavatechnologies.com) receives about 34.2K visits a month.
- Monthly visits34.2K
▲ 20.8% vs previous month
Websites whose visitors overlap most with Cassava Technologies. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
creativenation.co.za | creativenation.co.za | 100% | – | – | – |
| cio-sa.co.za | 97% | 680.7K | #3,079,268 | View details | |
stratitude.co.za | stratitude.co.za | 87% | – | #11,386,315 | – |
phakisaholdings.co.za | phakisaholdings.co.za | 82% | – | #2,103,163 | – |
| connectingafrica.com | 78% | 97.2K | #550,525 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Cassava Technologies
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- 11 similar websites
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Top companies in IT Services & Operations
10 companies that operate in the same segment as Cassava Technologies (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | 1,898 | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 5,196 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | 7,596 | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Related news about Cassava Technologies
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Frequently Asked Questions about Cassava Technologies
Cassava Technologies was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Cassava Technologies is headquartered in Johannesburg, South Africa. It is registered at Johannesburg, Gauteng, South Africa.
Cassava Technologies is a funded company, having raised a total of $140M across 4 funding rounds to date. The company's 1st funding round was a Series C of $50M, raised on Jul 2022.
Cassava Technologies was established in 2021 in Johannesburg, South Africa, by Strive Masiyiwa as founder and executive chairman. Operations focus on the technology sector, where data center infrastructure, cybersecurity measures, and cloud computing solutions are delivered. Services support digital needs across various industries, with a base in the African market to facilitate secure and scalable IT environments for businesses.
Cassava Technologies's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Cassava Technologies offers Fiber Broadband Networks, Sasai Fintech, Cloud and Cyber Security, Africa Data Centres, and Distributed Power Africa.
Cassava Technologies has 6 investors. Key investors include Google, Nvidia, Liquid Intelligent Technologies, DFC, and Finnfund.