• South African startup Synthasite raises $5 million in Series A round

    Techcrunch reports that Synthasite , the browser based website builder that is backed by Vinny Lingham has raised $5 million in a Series A investment round from Swiss based Columbus Venture Capital. You can find more details on Vinny's blog and a formal press release here . This is great news for the Cape Town based Synthasite, which launched into beta two weeks ago, and good news for South African startups in general. They have proved that it is possible to get decent VC for a South African startup...

Hi, I'm Jaxon Rice. By day I run a Johannesburg based web company called Soup and by night I am the frontman of the Diesel Whores. This is my personal blog. more...