Displaying items by tag: Investment

Cloud-based solutions provider LogMeIn is to establish its zero-knowledge password management provider LastPass as a standalone company.

The Morrison Government has announced an additional $20 million for the second round of the Australian 5G Innovation Initiative, with $2 million of this funding dedicated specifically to projects in the eight Western Sydney council areas forming part of the Western Sydney City Deal.

Three new regional hydrogen technology clusters have been identified to further support the development of Australia’s future clean hydrogen industry.

Melbourne-founded mobile payments company Mr Yum has raised $89 million in a Series A funding round led by investment firm Tiger Global.

Australia’s tech industry peak body the Australian Information Industry Association (AIIA) has called on the Federal Government to ensure that visas for skilled ICT professionals are prioritised to address Australia’s significant shortages of skilled workers as the country’s borders reopen.

A new research centre that focuses on next-generation artificial intelligence (AI) technology has been established at the University of Adelaide with $20 million in funding from the Australian Government.

hipages Group Holdings – the company behind the hipages tradie marketplace – has acquired 25% of the shares of property maintenance platform provider Bricks + Agent in a $6.25 million deal.

Quantum cybersecurity specialist QuintessenceLabs has raised $25 million in its Series B round led by Main Sequence and Telus Ventures, with participation from InterValley Ventures and Capital Property Group.

Identity and fraud prevention platform provider FrankieOne has closed its $20 million Series A funding round, led by AirTree Ventures and Greycroft.

Workforce intelligence platform Reejig has closed its $6 million Series A capital raise.

A large majority of Australian and New Zealand organisations were not adequately prepared for COVID-19 and fear the increased risk they are being exposed to through working from home and flexible work policies, according to newly published survey findings.

Microsoft has signed a three-year strategic technology and services agreement with Domino’s Pizza Enterprises which will use Azure to help accelerate the company’s modernisation and expansion plans.

New Zealand founded workplace feedback startup Joyous has raised NZ$15 million in a new funding round to significantly expand its team and product for global companies.

Hotel commerce platform provider SiteMinder's pre-IPO funding round has raised more than $100 million.

The Australian Information Industry Association (AIIA) has welcomed the Western Australian Government’s establishment of a $500 million Digital Capability Fund to support investment in digital services.

Australian-German full-stack quantum accelerator startup Quantum Brilliance has closed a $13 million seed investment round.

Investment group Melbourne Angels has appointed Paul Baron as president and Jillian Zsidy as vice president.

Payments platform for the hospitaity industry Ordermentum has announced a $6 million funding round led by existing chairman David Gordon, SEEK co-founder Matt Rockman and PURE Asset Management. 

The number of new jobs on offer to Australian executives increased in July despite the severe and continuing lockdown in New South Wales and occasionally other states, according to a new report from human resources firm EL Consult.

The competition regulator and enforcement agency the ACCC is seeking views on a court enforceable undertaking which has been offered by Industry Committee Administration (ICA), the company representing three Australian payment services providers seeking to merge.