Middle East VC Firm Invests in a Jordan-based Media Company

IV Holdings, one of the Venture Capital firms in the Middle East, has invested in MediaScope, a Jordan-based digital marketing and publishing company with operations across the Middle East.

Founded in 1994, MediaScope [site under construction] provides media and advertising consultancy and publishing in its home market, and has recently expanded its business model to cater to online publishing, digital marketing and sales services. (They are the owner of mediaME.com, the portal for advertising and media professionals in the Middle East, with some 4,500 registered professionals).

No mention of terms and stuff, but according to IV Holdings website, their average investment size is usually around $750,000, with a range of $250,000 –$2 million per investment. They target a minority stake (not less than 25%) with full controls in their target companies. (Just out of curiosity, they seem to be using Angelsoft for their deals and business plan management)