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biNu Raises $4.3M To Bring Apps to Feature Phones, Launches Credits Program

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http://techcrunch.com – Mobile app platform biNu just announced that it has closed a $4.3 million Series A round of funding. Back in August, the company said it had raised $2 million from Eric Schmidt’s Tomorrow Ventures, along with the Savannah Fund, David Risher, and Paul Bassat. Now the company says that was just a partial close of the round, which has expanded by another $2.3 million, and now includes 500 Startups, Dick Parsons’ and Richard Lauder’s PanAfrican Invesmetment Co., CVC Capital Partners’ Adrian McKenzie, Australian economist Nicholas Gruen, and Lend Lease Ventures’ Antho (IT news)

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Submitted by linuxgeek on 11/21/2012 – Made popular on 11/21/2012

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