IT Brief Asia - Technology news for CIOs & IT decision-makers

Capital raising stories

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Australia's digital health sector yields record-breaking economic returns
Last week
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it in healthcare
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government
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productivity
Australia's digital health investment yields $19.70 in capital, 56 jobs and AUD 4.2m in gross economic value for every AUD $1m invested, according to a landmark report.
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Australian fintech sector shows success but start-ups face steep entry barriers
Mon, 4th Dec 2023
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fintech
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financial institutions
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ey
Australia's fintech sector thrives, yet emerging start-ups battle daunting entry barriers, according to EY FinTech Australia Census report.
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Australian fintech startup numbers dwindle amid challenging economic conditions
Mon, 6th Nov 2023
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investment
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software development
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kpmg
Number of Australian fintech startups drops for the first time, down 3% to 830, as challenging economic conditions persist.
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SuperOps.ai raises $12M following 300% spike in customers
Wed, 11th Oct 2023
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cybersecurity
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investment
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capital raising
SuperOps.ai, the AI-powered IT management software platform, has raised $12.4m in Series B funding, with customer numbers increasing by 300%.
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ESR Enhances Leadership Team with CIO & COO Promotions
Wed, 12th Jul 2023
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capital raising
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stakeholders
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cios
ESR Group announces key leadership appointments; Josh Daitch and Matthew Lawson step into C-suite roles.
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inDrive raises $150 million for expansion, new investments
Fri, 24th Feb 2023
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investment
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m&a
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retail
This latest round of funding will give inDrive additional financial flexibility and will support the company’s ongoing growth.
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ATech has appointed its first Chief Financial Officer
Tue, 31st Jan 2023
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payroll systems
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hcm
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web development
Brisbane-based cloud hosting & web development firm, ATech, appoints CFO Michael Burridge to manage fiscal operations, identify cost savings & efficiencies.
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Nitro to acquire Belgian eSign company Connective for AU$110m
Thu, 11th Nov 2021
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m&a
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esignature
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capital raising
Nitro will raise AU$140 million to support the purchase, comprising $80 institutional placement and $60 million accelerated non-renounceable entitlement offer.
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TradeWindow successfully raises $15M, continues to pursue APAC growth
Tue, 28th Sep 2021
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trade
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capital raising
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digital trade
TradeWindow raises NZ$15m in capital raise, with strategic shareholders ASB Bank and Quayside Holdings leading the investment round.
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Remi AI completes external capital raise, looks to accelerate growth
Thu, 3rd Jun 2021
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inventory management systems
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ai
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capital raising
Remi AI secures funding in first external capital raise, with new investor Boab AI and plans for accelerated product development.
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6clicks raises A$5 million, sets sights on global expansion
Tue, 2nd Feb 2021
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ai
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investment
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capital raising
Australian-based company 6clicks secures A$5 million in capital raise for rapid global expansion, bringing total investment to A$7.7 million.
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Check Point researchers uncover how to steal $1 million by email
Mon, 9th Dec 2019
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email security
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capital raising
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investment
Chinese hackers con $1M in VC-BEC heist; Israeli startup's seed fund intercepted.
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Rubicon invests in inventory management software Cin7
Fri, 18th Oct 2019
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pos
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inventory management systems
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retail
The funding will be used to accelerate Cin7’s global growth strategy through product innovation, sales expansion and continued investment in customer success.
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Fintech startup Hnry raises $2.15 million in investment round
Thu, 26th Sep 2019
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fintech
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it automation
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investment
NZ's Hnry secures £1.63m, overfunding as investors back its fintech for freelancers.
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Application shielding startup RedShield raises $14m
Tue, 17th Sep 2019
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business
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redshield
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capital raising
RedShield CEO and co-founder Andy Prow says that taking capital from a New Zealand private equity player was a strategic choice.
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ASB invests in blockchain-based trade provenance solution
Mon, 12th Aug 2019
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blockchain
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investment
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business
ASB's investment in TradeWindow to boost new DLT trade platform and advance Kiwi trade tech.
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Regtech company Kyckr raises $5.2 million in share placement
Thu, 1st Aug 2019
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retail
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regtech
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capital raising
Kyckr raises AU$5.2m, bolsters regtech with strategic growth and global partnerships.
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Safety solutions startup wins ‘radical generosity’ funding
Thu, 18th Apr 2019
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crowdfunding
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ecentre
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capital raising
Guardian Angel Security was one of five New Zealand businesses selected by 500 women (SheEO Activators) who contributed $1100 each.
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Identity protection company Obsidian raises $20mil
Fri, 1st Mar 2019
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ml
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iam
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ai
Obsidian Security's £14.7m Series B funds innovative identity protection as cyber threats soar.
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The Kiwi company driving commercial drone tech growth
Mon, 5th Nov 2018
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drones
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partner programmes
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capital raising
Dotterel Technologies, a New Zealand drone technology company, has raised NZ$1.06m in a capital raising round led by Jelix Ventures, and has partnered with MIT.
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Fintech startup Hnry extends oversubscribed pre-seed capital raise
Mon, 8th Oct 2018
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fintech
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capital raising
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hnry
Wellington-based fintech startup Hnry’s pre-seed capital raise was so popular that it was oversubscribed by $100,000 within days of launch.
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CrowdStrike expands global partner footprint
Wed, 8th Aug 2018
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endpoint protection
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partner programmes
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ai security
CrowdStrike also announced an expansion of its relationship with Dragos, launching a joint Incident Response (IR) retainer offering.
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JASK raises $25mil in Series B financing to advance security operations beyond SIEM
Tue, 3rd Jul 2018
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siem
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soc
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ai
The company will continue its focus on platform development, increase hiring in all departments and expand global sales channels.
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Kiwi AI breast cancer detection solution raises $AU20 million
Tue, 5th Jun 2018
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it in healthcare
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ai
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business
Volpara's $AU20m raise to fuel US growth, NZ R&D, and Asian sales push after robust FY18 results.