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App Delivery Software Snapt Receives $1M in Growth Funding

Snapt, a Johannesburg, South Africa-based provider of load balancing, web acceleration and security software, received $1m in growth funding. Convergence Partners made the investment. The...

Giraffe Closes Seed Funding Round

Giraffe, a South African-based low-cost automated recruitment service, closed a seed round of funding. The round was led by Silicon Valley-based venture firm Omidyar...

Hepstar Raises US$2M in Funding

Hepstar, a Cape Town, South Africa-based digital insurance distributor, raised US$2m in funding. UK-based technology investor Amadeus Capital Partners made the investment. The company intends to...

Automattic Acquires WooThemes

Automattic, the company behind Wordpress, acquired WooThemes, the company that creates themes and plugins for the same CMS ecosystem. The amount of theĀ acquisition was not...

Over Wins U-Start Conference in Milan

South African social photography app Over won the award at U-Start Conference Milan, which took place last week in Milan. The startup secured final stage...

Qorus Software Receives Minority Equity Investment from Horizon Equity Partners

Qorus Software, a Cape Town, South Africa-based provider of document automation solutions for Microsoft Office and SharePoint, secured a minority equity investment from Horizon...

LeapFrog Investments Holds Initial Close for Second Fund at US$204M

Emerging markets fund manager LeapFrog Investments held the initial close for its second fund at US$204m. Supporter included MetLife Inc., Prudential (USA), XL Group, Achmea,...

Zando.co.za Receives €20m Equity Investment from Summit Partners

Zando.co.za, a Cape Town, South Africa-based fashion e-commerce retailer, has received a €20m equity investment from Summit Partners. Summit will take a stake in the...

Zando Receives Investment from J.P. Morgan Asset Management

ZANDO, a Cape Town, South Africa-based fashion e-commerce retailer, has received an investment from J.P. Morgan Asset Management. The amount of the transaction was not...

Gatfol Technology Raises Seed Funding from New Zealand-based Investors

Gatfol Technology, a Centurion, South Africa-based start up that is developinf a technique for changing keyword search into man-to-machine questioning communication, has obtained seed...

FireID Raises Additional €5M

FireID, a Stellenbosch, South Africa-based provider of security applications for mobile authentication, has raised additional funding of €5m (approximately $6.4m) from Jersey-based 4D Innovative...

GEEREF Commits €10M for Clean Energy in Southern Africa

The Global Energy Efficiency and Renewable Energy Fund (GEEREF), an investment vehicle focused on clean energy in emerging countries and economies in transition, committed...

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