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Mobile Platform Binu Raises $4.3M

By TechTaffy Desk

[Techtaffy Newsdesk]

Mobile social platform BiNu has finalized a $4.3 million Series A round investment. Participants include 500 Startups, Dick Parsons and Ronald Lauder’s PanAfrican Investment, which is making its first investment, and Australian industry figures Adrian MacKenzie, Nicholas Gruen and Anthony Pascoe.

The new investors join Eric Schmidt’s TomorrowVentures, the Savannah Fund, David Risher and Paul Bassat who had already announced their involvement when the A-round partially closed in August with an initial $2 million. The additional funding will be used to continue the roll out of the platform in emerging markets, including Africa, Latin America, Asia and Europe.

BiNu is a privately held company, based out of Belrose, Australia.

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