Telstra-backed location intelligence platform Near has raised $143 million in a series D funding round, with the funds to be used for further expansion and to support the rollout of new platform offerings.
Telstra has invested $11.8 million in US-based software support and technical services company Boomtown as the company accelerates its continued growth and on-going investment in its relay software as a services platform.
A joint US$500 million (A$675 million) fund for investment in early to late-stage venture technology opportunities in the US, Asia and Australia has been set up by Telstra Ventures and Boston-based private equity firm HarbourVest Partners.
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