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

Funding stories - Page 2

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AtomBeam hits $3 million target in StartEngine fundraiser
Fri, 29th Dec 2023
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bandwidth
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investment
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sales
AtomBeam hits $3 million startup funding, showing strong investor faith in its game-changing data-shrinking tech.
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Birchal crowdfunds $2.39 million, bolsters Australian startup ecosystem
Fri, 22nd Dec 2023
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funding
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growth
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entrepreneur
Birchal, an Australian equity crowdfunding platform, has obtained $2.39m from a successful funding campaign, benefiting local startups. .
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UK businesses call for increased government investment in AI sector
Thu, 21st Dec 2023
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data protection
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ai
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customer service
43% of UK businesses call for increased government investment in the artificial intelligence sector, reveals Zoho survey.
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Plerion becomes only Australian software firm with AWS Security Competency status
Wed, 13th Dec 2023
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cloud services
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public cloud
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cloud security
Australian cybersecurity firm Plerion secures exclusive AWS Security Competency status, affirming its cloud security prowess.
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Michael Harrison to steer UK Sales for Accelerated Payments
Wed, 13th Dec 2023
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partner programmes
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hsbc
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london
Michael Harrison, having vast experience in global banks and tech firms, joins Accelerated Payments as UK Sales Director.
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Australian startup Leonardo.Ai raises AU$47m to revolutionise art ecosystems
Tue, 12th Dec 2023
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cloud services
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public cloud
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aws
Australian tech startup Leonardo.Ai raises AUD $47m to transform the art industry, after attracting seven million global users.
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French startup ProvenRun secures £15m for cybersecurity expansion
Mon, 11th Dec 2023
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cybersecurity
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france
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funding
French startup ProvenRun secures £15m in Series A round to expand its cybersecurity capabilities, led by Tikehau Capital.
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Rad secures major funding to revolutionise video streaming with blockchain
Mon, 4th Dec 2023
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video
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blockchain
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martech
Rad, a key player in Web 3 video streaming, receives significant funding led by Ayre Ventures, and plans to integrate blockchain into its platform.
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RAD project marks impressive 2023 with donations & accolades
Mon, 4th Dec 2023
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it training
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project management
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nz
In 2023, the Recycle A Device (RAD) project achieved remarkable milestones, including donating 2,374 laptops and winning notable accolades.
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Amelia named as leading AI provider in Everest Group AI Top 50
Mon, 4th Dec 2023
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ai
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funding
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sales
Amelia, a leading AI software company, has been recognised as a top AI provider in the inaugural Everest Group AI Top 50.
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Amazon pledges to provide free AI training to two million people by 2025
Fri, 1st Dec 2023
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cloud services
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edutech
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it training
Amazon pledges to offer free AI training to two million people globally by 2025 as part of its 'AI Ready' commitment.
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Adyen introduces 'Capital' for timely funding of Australian SMBs
Fri, 17th Nov 2023
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partner programmes
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adyen
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transparency
Adyen launches 'Capital' in Australia, addressing financial hurdles faced by small and medium-sized businesses.
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Technical debt noted as major hurdle for CTOs by 2024, STX Next reports
Thu, 16th Nov 2023
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cloud services
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ransomware
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advanced persistent threat protection
91% of CTOs see technical debt as their biggest challenge for 2024, according to a survey by STX Next. Capacity and security were also top concerns.
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AI focus to drive global M&A activity upswing in 2024, says Gartner
Thu, 16th Nov 2023
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ai
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telstra ventures
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inflation
Gartner predicts that a renewed emphasis on technology, particularly AI, will boost the global M&A market in 2024 after a downturn in activity.
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AI-powered assistant creator Tabnine raises $25m in Series B funding round
Thu, 9th Nov 2023
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cloud services
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ai
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privacy
AI-assistant developer Tabnine raises $25m in a Series B round, taking total funding to $42.5m, led by Telstra Ventures.
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Qatar & Singapore reinforce ties with joint innovation challenge
Wed, 8th Nov 2023
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travel
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singapore
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grants
Qatar and Singapore boost bilateral relations with the launch of the Joint Innovation Challenge focusing on energy, sustainability and insurtech.
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Payapps secures GBP £10.5 million CIBC IB investment for UK & Ireland expansion
Fri, 3rd Nov 2023
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ireland
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payapps
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funding
Australia-based construction software firm, Payapps, has secured a £10.5m venture growth investment from CIBC Innovation Banking.
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Prospa launches New Zealand's first SME lending app boosting business growth
Thu, 2nd Nov 2023
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smartphones
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fintech
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technology gifts
Prospa, the Australian lender, launches New Zealand's first SME lending app to aid efficient cash flow management.
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Zero Trust security goes mainstream, reveals Okta's 2023 report
Thu, 26th Oct 2023
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it infrastructure
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identity
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okta
Zero Trust security has now become mainstream, with 61% of organizations adopting the contemporary framework, according to the latest report by Okta.
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Software firm xtype secures $10.8m funding amidst rising ServiceNow demand
Thu, 26th Oct 2023
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smartphones
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digital transformation
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technology gifts
xtype secures $10.8m in funding as demand for its agile software solutions in the ServiceNow market continues to surge.
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WatchGuard unveils new AI-powered cybersecurity service to aid MSPs
Wed, 25th Oct 2023
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firewall
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breach prevention
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it infrastructure
WatchGuard Technologies presents WatchGuard MDR, an AI-driven, 24/7 Managed Detection and Response cybersecurity service designed for MSPs.
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NetSuite selected by Cohere to gear up for rapid AI-fueled growth
Mon, 23rd Oct 2023
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erp
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ai
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productivity
Cohere, an AI platform, has chosen to use NetSuite's cloud business suite to enhance productivity and support growth.
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Accelerated Payments boasts fintech Success with £1.5B in advanced invoices
Fri, 13th Oct 2023
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fintech
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funding
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workforce management
Dublin-based fintech, Accelerated Payments, has advanced £1.5bn in invoices, expanding its market share rapidly.
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NZ tech firms RUSH and Downer to develop road safety AI
Wed, 11th Oct 2023
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it industry
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engineering
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nz
New Zealand technology company RUSH and Downer Transport & Infrastructure have secured funding to develop AI technology to increase road safety.