Funding stories - Page 2
Content learning hub hits its stride during COVID-19, raises US$40m
The company states funding will be used to increase market expansion in North America as well as expand its content provider partner network in direct response to the increased demand for the platform.
Aussie edge data centre provider receives $20m in funding
Leading Edge Data Centres has received a $20 million cash injection from Washington H. Soul Pattinson which will be used to fund growth of its regional data centre network in Australia.
VAST Data's latest funding round has the company valued at $1.2B
According to the company, the new funds will be used to drive global expansion and accelerate the company’s next phase of growth.
Cohesity announces $250 million funding, doubles valuation to US$2.5 billion
"The funding recognises the traction Cohesity is seeing in the market as a disruptive, software-defined data management company."
Aus-based Myriota raises $28M, sets sights on global expansion
Myriota has raised A$28 million in series B funding, with a view to grow its satellite network and extend support for billions of devices.
Start-up advances online marketing, boosted by $5M in funding
"The development of a full self-service platform will give our clients an unprecedented level of insight and control over their SEM and SEO efforts, and will ultimately be an incredible game-changer for the industry."
Start-up raises 1M, looks to save enterprises from technical debt
“We are on a mission to help enterprises deliver high-quality SaaS implementations at scale by shining a light on the costly and problematic issue of technical debt."
New investor partnership to unlock $6bn for NZ business
"We see this as a prime opportunity to fill the gap for established companies who need a broader range of funding options, especially when looking to expand their burgeoning businesses."
Singapore security firm Right-Hand scores $1.4m seed funding
Right-Hand states that the seed round funds will be used to boost the company’s product roadmap development.
Organisational disruption and funding shortfalls key challenges for government CIOs
“For many government CIOs, disruption will affect their IT budget growth, and the funding and launch of new business initiatives will suffer."
Soul Machines raises $40m, steps closer to global aspirations
“We look forward to continuing to work with Soul Machines as it scales and realises its global aspirations.”
Motorola promises $10m in funding to charities around the world
According to a statement, the grants will benefit more than two million students, first responders, teachers, veterans and community members in 32 countries.
Aussie company Advanced Navigation raises $20m to extend robotics research
The funds will lend itself to significant global expansion for the Australian-based business and accelerate research and development programs for transformative new robotics, navigation and sensor technologies.
XTransfer raises $15m funding to expand global network
The company provides service solutions such as cross-border and local collection, payment, foreign exchange, lending, and other treasury management services.
PacketFabric receives $75m investment to expand beyond US
Digital Alpha Advisors, LLC will invest the $75 million into PacketFabric, which will help PacketFabric rapidly scale in the United States and internationally.
CrowdStrike establishes early-stage investment fund with Accel
In partnership with Accel, CrowdStrike will co-invest in security startups that are building applications on the CrowdStrike Falcon platform.
Fluent Commerce scores $33m in funding round
Fluent Commerce, the Sydney-headquartered order management provider, has raised $33 million in series B funding, led by US growth equity firm Arrowroot Capital
KiwiNet secures funding from MBIE for research commercialisation of deep tech
KiwiNet runs a range of activities to empower the people who commercialise research.
Databricks accelerates APJ expansion following $250 million funding round
Databricks announced the opening of new offices in Sydney, Tokyo and Bangalore.
Data centre disruptor up $110m in funding
Guardicore plans to use funding to fuel company growth and disrupt the firewall and data centre security space.
Pliops raises US$30m to ‘transform’ data centre infrastructure
With backing including the likes of Intel and SoftBank Ventures Asia, the company intends to expand its operations in the US, China, and Israel.
Illumio eyes global expansion with $65m in the bank
"Regardless of industry or size, every organisation has crown jewel or regulated assets running in their environment."
Rubrik welcomes $261m funding for new market expansion
The company intends to use the funds from new investor Bain Capital Ventures will go toward future innovation and expansion.
Exclusive: Why Australia’s IT industry needs to invest in SMBs
"With SMBs generating employment for over five million Australians, it comes as no surprise that they play a vital role in the nation’s economy."