biNu, the mobile app platform that brings iPhone-like experiences to low-end smartphones and feature phones, has announced a $2 million funding round from Eric Schmidt’s TomorrowVentures, David Risher and other private investors in Australia and the U.S.
Since launching 18 months ago, biNu has attracted 4 million active monthly users spread across the world, particularly in emerging markets where mobile devices are the primary, and often only, connected device and where biNu is often a user’s first experience of the internet.
biNu secures $2M Series A from TomorrowVentures and Savannah Ventures and others to build a mobile social content platform for developing world.
The new African focused fund Savannah Fund was also involved as noted on their site;
I am happy to announce Savannah Fund’s first seed investment- biNu mobile- we participated in this round along with Eric Schmidt of Tomorrow Ventures and a number of other Angels investors.
biNu is a privately held company that develops the biNu mobile app platform that dramatically improves Internet access speed, usability and social connectivity of mobile phones. With biNu, even basic mobile phones exhibit high-end smartphone-like capabilities. biNu works on the thousands of Java-enabled and Android-devices and supports millions of users globally with rapid adoption rates in emerging economies where mobile phones are the primary Internet access device. Today, over 100 channels are available via biNu including social media, search, reference, books, SMS, news, weather and entertainment.