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biNu snaps $2 million in quest to deliver smarts to dumb phones

biNu, a four-year-old Sydney startup, is not the only one seeking to do so but might have just became the most high-profile one – what with a $2 million funding round led by former Google CEO Eric Schmidt’s TomorrowVentures, and including WorldReader founder David Risher and other private investors in Australia and the U.S.

One billion smartphones by 2014. Bottom-of-the-pyramid market never looked better

Paloma Mobile Pty Ltd, founded less than a year ago to deliver rich apps and services optimised for low-cost smartphones in poorer global markets, has won a ringing endorsement of its busines with a $1.5 million Series A funding led by OneVentures.
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New Zealand’s Xero eyes US IPO, further disruption as subscribers increase...

Xero recently held its annual meeting in Wellington, during which the company revealed some interesting details about its future. As has been widely suspected, the...

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