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South African tech startup Eduze charms TED as lead investor

South African tech start-up Eduze announces partnership and investment from TED. Eduze is making waves in the digital content industry, attracting attention to its strategy: “Great digital content. Done right”. By “done right” they mean providing all Africans with equal access to reliable, relevant, and uplifting content that is entertaining and educational. Frustrated by the… Read More »

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BizOps platform startup Usermind raises $14.5m Series B

Business operations platform startup Usermind, Inc. has raised $14.5 million Series B in a round led by Menlo Ventures that included previous investors Andreessen Horowitz and CRV. Up to date, the company has raised over $20 million before public launch, based on the previous $7.6 million round led by Andreessen Horowitz. The company said it… Read More »

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Smart doorbell startup Ring raises $61.2M

Santa Monica-based Ring, the developer of the smartphone connected, video doorbell has raised $61.2M in a big, Series C funding round that was led by Kleiner Perkins Caufield & Byers, with participation from existing investor Sir Richard Branson. Ring said the new funding will let it expand its line of smart video doorbells, and further… Read More »

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Kenya’s traffic app Ma3Route raises $25k pre-seed round

On Wednesday, Kenyan traffic app Ma3Route announced it had raised a pre-seed round of US$25,000 that will help in expansion and addition of new features. The funding came from a group of five investors. Mostly bootstrapped since its launch in late 2012, Ma3Route is a crowdsourcing technology platform that looks to solve mobility issues in… Read More »

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500 Startups launches a $10M fund in support of Vietnamese startups

Today, 500 Startups announced the launch of a $10 million micro-fund that will invest solely in Vietnamese startups. This is the latest in a series of investment vehicles the Silicon Valley-based accelerator program has created in the past year. The organization plans to fund 100 to 150 companies that have some connection to the Southeast Asia country,… Read More »

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Microsoft to Mentor StartUps Via #StartUpThursday9ja

Tech Giant Microsoft will start a program to mentor startups in Nigeria as part of its “African Startups” initiative. Through the initiative #StartUpThursday9ja , Microsoft Nigeria will enable successful entrepreneurs share their experience of what it takes to start and grow a business in Africa. Evaristus Ezekwem, audience evangelist at Microsoft, informed Footprint to Africa… Read More »

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Israel’s Insert raises $5 million for mobile app platform

Israel-based Insert, which has developed a platform to help mobile marketers engage users, said on Wednesday it has raised $5 million from investors including cyber security pioneer Shlomo Kramer. The platform offers mobile marketers a set of features they can quickly insert into their apps with no coding. The company was founded by the people… Read More »

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