Here’s a list of today’s biggest funding stories, updated as the day unfolds. Tip us here if you have a deal to share.
Africa’s mobile infrastructure just got a huge lift from the biggest round of funding the continent has seen in years. IHS, a Nigerian phone tower company, said it received $2 billion in equity and $600 million in debt, according to Reuters. The companysaid the money will finance a major expansion of its infrastructure as well as acquisitions.
Noted biosciences entrepreneur Jonathan Rothberg has a health startup incubator up in Connecticut, and one of its portfolio companies, Butterfly Network, has recently raised an $80 funding round. Butterfly Network, which launched roughly three years ago, is developing a new kind of medical imaging device that will see the human body in “completely new ways,” the company says. Butterfly hopes to collect thousands of images in a database, then use artificial intelligence techniques to a learn new clinical insights from them.
DeltaDNA has raised $3 million for its game analytics and “personalization platform,” which helps companies target specific gamers with marketing in free-to-play, cross-platform games and apps. Today’s funding came from new strategic investor Edge Performance VCT. Total second-round funding now stands at $5 million. The Edinburgh, Scotland-based DeltaDNA, which bills itself as a player-relationship firm for free-to-play developers, will use the money to expand its sales and marketing reach in the U.S. and boost its traction with global media companies.
Can an HTML5, cloud-based presentation platform take on Microsoft’s PowerPoint? Tel Aviv-based Visual Software Systems has just scored $2 million so that its Emaze product can get a better foothold in that quest. PowerPoint is the 800-pound gorilla in this space with a 90+ percent market share, CEO and cofounder Motti Nisani acknowledged to VentureBeat. He noted that nearly 30 other companies have tried to take on the giant — Google Docs, Apple’s Keynote, and OpenOffice among them — with modest success for only a few.
CashCashPinoy grabs $2M
CashCashPinoy, an online shopping site from the Philippines, announced it has raised $2 million in new funding. The four-year-old startup is a membership online shopping club with flash sales for a variety of product category. The company also announced that it has released Revo, an end-to-end set of tools for flash sales. The company’s new funding comes from Hera Capital.
MapJam raises $350K
MapJam, a San Francisco-based startup that makes tools for making digital maps, has raised $350,000 in new funding according to a filing to the U.S. Securities and Exchange Commission. The two-year old startups enables people, organizations, and businesses to create customized maps that are easy to share online.
Read more: SEC filing
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