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Startup news

  • Waytag: A startup changing the way we use location services

    A new South African start-up, Waytag, is setting out with the ambitious goal of revolutionising the way we think about and use addresses. Location-based services are clearly a strong feature in most fast-growing web services and applications, such as FourSquare, GoWalla and Twitter. It can however sometimes seem like these types of applications exist in a world of their own, catering to just a small niche of web-savvy people. Waytag may just change all this by improving the usability of physical location addresses from the bottom up. The concept is simple, as most clever concepts are. Take the domain name...

  • Jamiix: The Cape Flats startup that’s going global

    Jamiix, a brand new social-media aggregator that was developed on Cape Town’s notoriously under-resourced and impoverished Cape Flats is launching internationally with grand ambitions to become an integral part of the Web 2.0 landscape. The web and mobile-based tool is described as a “distribution and aggregation technology to engage with clients who are in need of support services”. It grew organically out of a desire for affordable communications in the area of social services, which is a chronic need on the Cape Flats. Developed over two years, it takes its name from “Jamii”, the Swahili word for social or community and...

  • New player enters SA online recruitment market

    A new South African online-recruitment portal, "developed out of frustration with existing recruitment methods", claims to have developed creative solutions for the difficult task of match-making between employers and employees. Sebenzi.co.za attempts to shake up the existing model, where the power is placed firmly in the hands of the recruitment agencies which have access to a database of CVs, and who frequently share the personal details of recruits without their knowledge or consent. The new players have set out on a mission to redress this imbalance, and after two years of research and development, the site was launched with...

  • BetTech secures multi-million rand seed funding

    Software development startup BetTech Gaming has announced that it has secured a multi-million rand seed funding packet from South African venture capital firm, 4Di Capital. Founded in 2009, BetTech develops gaming software, the first of which is their sports book package which will be licensed through bet.co.za’s web and mobile interfaces. When asked what persuaded 4Di to invest in BetTech, 4Di Director Justin Stanford cited the "marriage of a great idea with a capable...

  • New SA crowd-source fund hits R1-million

    Crowdfund is the South African tech industry’s latest step toward fostering a culture of angel investment for online start ups in South Africa, and it’s taken off at rocket pace. After launching in March of this year, the fund has banded together 229 investors to raise a total of R1-million in capital for budding online start ups. After less than thirty days since its inception, Crowdfund is already primed to spark new entrepreneurial life in South Africa. The investors enthusiasm about Crowdfund  illustrates a wide-spread recognition that South Africa has the potential to become major player in the global tech industry if...