Capital raising stories
Wikipedia's fundraising drive starts strong with a US$500k donation from Sergey Brin and Anne Wojcicki, targeting US$28.3m in spending.
RSA's VP of Product and Management and Strategy, Sam Curry, spoke on emerging security trends and the obstacles facing smaller companies in the coming year.
As New Zealand steps into 2010, a surge in high-speed broadband promises to revolutionise education. Louis van Wyk explores this transformative potential.
New Zealand-based Telphony software development company, IPFX, is in line to announce some exciting new changes.
Auckland's Nextspace secures significant investment from ICE Angels, boosting development and export of its advanced 3D city visualisation tool, Visual City.
Reduced funding and election-year uncertainty cause a 2% drop in average ICT salaries, says absoluteIT. Median wage now USD $75,000, with perks also cut.
Once dismissed by investors, Airbnb now rivals New York's largest hotels with its innovative platform, securing USD $100 million in new funding.
Jade Software in Wellington secures funding from TechNZ to enhance Investigator, their crime-fighting software, used by law enforcement in 29 countries.
Cabinet approves NZD $300 million rural broadband plan; Telecom warns of up to NZD $56 million annual EBITDA impact, shares dip to $2.17.
Minister David Cunliffe declares New Zealand's urgent need to enhance broadband, investing NZD $500 million to retain young professionals and compete globally.
How did it all begin?<br />The Direction vision was conceived in June 2006, namely to create a vibrant US-focused company with a ready market, a st.