Israel-based musical learning app developer JoyTunes has raised $5m in a series A round co-led by corporate-backed venture capital firm Formation 8 and VC firm Aleph, and which also featured Genesis Partners, Israeli business daily Globes reported on Tuesday. JoyTunes previously raised $2m over two rounds from backers including Genesis, Founder Collective and Kaedan Capital.

Loyalty management firm Aimia invested an undisclosed sum in US-based advanced analytics provider Fractal Analytics on Tuesday as part of the formation of a strategic…