I'll craft an engaging article about Corma's funding round:

# Corma Secures €3.5M to Revolutionize Software License Management

African tech startups are taking bold steps in enterprise software, and Corma is leading the charge. The innovative software governance platform has just secured a significant €3.5 million funding round to transform how companies manage software licenses and access controls.

## What Makes Corma Stand Out?

Software license management might sound dry, but it's a critical challenge for modern businesses. Corma is solving a complex problem that costs companies millions in inefficient software spending and potential security risks.

### The Funding Details

The €3.5 million investment represents a significant vote of confidence in Corma's technology. While specific investors weren't disclosed, this funding signals strong market potential for their software governance solution.

## Why Software License Management Matters

Companies waste up to 30% of their software budgets on unused or redundant licenses. Corma's platform helps organizations:

- Track software usage in real-time

- Optimize license allocations

- Enhance cybersecurity protocols

- Reduce unnecessary technology expenses

> "African tech startups are increasingly solving global enterprise challenges," says Tayo Oviosu, founder of Paystack. "Corma represents the kind of innovative solution that can scale internationally."

## What's Next for Corma?

The new funding will likely support:

- Product development

- Market expansion

- Talent acquisition

- Enhanced AI-driven license tracking

### Quick Facts About Software Governance