Gulf Capital led a round that boosted the Crescent Enterprises-backed medical booking platform's total funding to more than $63m.

Vezeeta, a United Arab Emirates-based digital healthcare platform developer backed by diversified conglomerate Crescent Enterprises, raised $40m yesterday in a series D round led by alternative asset manager Gulf Capital.

The round also featured Saudi Technology Ventures (STV), the venture capital firm that counts telecommunications company STC as an anchor investor. Gulf Capital director Alvaro Abella is set to join Vezeeta’s board of directors in connection with the round.

Founded in Egypt in 2012, Vezeeta runs an online platform that…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.