Displaying items by tag: expansion

Insight Partners owned Veeam expands investor base in a $2 billion secondary equity offering led by TPG with participation from Temasek, Neuberger Berman Capital Solutions, and others

COMPANY NEWS: – Veeam^® Software, the #1 global leader in Data Resilience by market share, announced an expansion of its shareholder base in a $2 billion secondary offering, valuing the company at $15 billion. This transaction was led by TPG (NASDAQ: TPG) with participation from Temasek, Neuberger Berman Capital Solutions, and other key investors, reinforcing Veeam’s position as a global leader in the rapidly growing data resilience market.

Capgemini, Confluent, IBM, QuantumBlack, AI by McKinsey, and Unstructured join the MongoDB AI Applications Program (MAAP) ecosystem to help organisations make an impact with AI

MongoDB, Meta collaborating to support developers with Meta models and the end-to-end MAAP technology stack

Leading autism and intellectual and developmental disability software provider CentralReach using MAAP to improve AI-powered care platform

MAAP expansion follows the introduction of vector quantisation to MongoDB Atlas Vector Search and recent AI partner integrations

COMPANY NEWS: Console Connect, the on-demand platform and global network for intelligent data movement, has expanded to New Zealand, “enhancing cloud connectivity” for local businesses.

IT services company Crayon has successfully integrated rhipe into its brand, which it says successfully enhances the value it offers to partners across the Asia Pacific region.

Residential infrastructure, Internet Service Provider and mobile virtual network operator Swoop has announced a 14 percent increase in revenue year-on-year to $88.9 million and an underlying EBITDA of $16.4 million - up 6.4 percent year-on-year within its core-business.

Transcosmos has announced that it has acquired Kubota Systems' IT system subsidiary in China which is says expands and enhances its system development business targeting Japan and China markets.

Australian tech startup V2 Digital is poised for expansion with a commitment of AU$30million from Columbia Capital, a growth equity investor with more than 30 years of experience who has backed more than 175 successful communications and technology companies.

Kris+ by Singapore Airlines has selected fintech platform Airwallex to power the expansion of its lifestyle reward app for over 1.3 million of KrisFlyer members in Australia.

The continued expansion of Amazon, Apple, Google, Meta and Microsoft into emerging technologies and other markets demonstrates the critical need for regulatory reform, according to Australia’s competition watchdog, the ACCC.

Software platform for managing shift workers, Deputy has announced the appointment of former Zendesk and VMware revenue leader Jaimie Buss as Chief Revenue Officer (CRO).

UK-based regional fibre network provider toob has secured more than £160 million ($302 million) of funding to support its expansion across South England and to create a secure platform to capture opportunities in the market.

COMPANY NEWS: Keeper Security, the leading provider of zero-trust and zero-knowledge cybersecurity software, today marks its expansion into the Asia Pacific market with the opening of its regional headquarters in Tokyo.

Global services provider and consulting firm Searce has entered the Australian and New Zealand markets and appointed Adrian Chu as country manager for the ANZ region.

Security firm Fortinet has announced the expansion of its Security Fabric with new and enhanced products and capabilities designed to enable advanced threat prevention and coordinated response for a self-defending ecosystem across networks, endpoints, and clouds.

All-in-one observability platform provider for engineers New Relic has appointed Kris Day as Senior Vice President for Asia Pacific and Japan (APJ).

Australian digital advertising company Cartelux is expanding its business into the United States, Canada and Latin America markets.

The Tasmanian Government has announced that it will support ReadyTech’s Centre of Excellence in Tasmania, enabling the growth of a modern technology hub in downtown Launceston.

nCino (NASDAQ: NCNO), a provider of cloud banking and digital transformation solutions for the global financial services industries, has announced a value added reseller agreement with Rich Data Co (RDC), an industry leading artificidinggal intelligence artificial intelligence (AI) decisioning platform, to enhance the lending process for its customers.

Optus has announced an expansion to its Digital Thumbprint Program,, marking the 20th anniversary of Safer Internet Day today, and to provide more opportunities for regional Australian students to learn about digital safety and wellbeing.

DCI Data Centers (DCI) has announced the appointment of Nicholas Toh as Group Chief Executive Officer.