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

Fundraising stories

Global legal ai scale us asia pacific map digital expansion funding

Legora raises USD $550m to fuel US & APAC AI growth

Yesterday
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Legal AI platform Legora raises USD $550m at a USD $5.55bn valuation to speed expansion across the US and wider Asia-Pacific markets.
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Carta buys ListAlpha to launch integrated private CRM

Last week
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cloud security
Carta acquires ListAlpha and launches Carta CRM, unifying front-office relationship tools with back-office fund data for private capital firms.
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Scalare revenue surges 360% as founder platform scales

Last week
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Scalare revenue jumps 360% to AUD $7.13 million as its integrated founder platform delivers first half of positive operating cash flow.
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Gallagher Security tees off for Bravehearts fundraiser

Last week
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partner programmes
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Gallagher Security's Charity Golf Day returns to the Gold Coast on 30 April, aiming to top AUD $113,000 raised for Bravehearts.
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Swoop grows revenue 41% & boosts Melbourne fibre plan

Last month
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network infrastructure
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Swoop lifts first-half revenue 41% to AUD $64.1 million and accelerates a Melbourne fibre build backed by AUD $60 million in contracts.
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UpGuard raises USD $75m to expand AI cyber risk tools

Last month
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digital transformation
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cloud security
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advanced persistent threat protection
UpGuard secures USD $75m Series C to scale its AI cyber risk platform, fuelling product development, global expansion and acquisitions.
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Telgea raises USD $5m to expand global mobile platform

Last month
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Telgea raises USD $5m led by Telenor to scale its unified global mobile platform for operators and multinational enterprise customers.
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Emergent debuts mobile app after USD $100m run rate

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Emergent launches mobile app for its AI software builder after hitting USD $100m annual run rate and doubling revenue in just one month.
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Fluent Commerce raises AUD $46m to fuel AI expansion

Last month
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data analytics
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digital transformation
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cx
Fluent Commerce secures AUD $46m from Bain Capital to accelerate AI product development and global expansion of its order management platform.
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Anthropic raises USD $30 billion, hits USD $380b value

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data analytics
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hyperscale
Anthropic raises USD $30bn in new backing, lifting the AI group's valuation to USD $380bn as demand for its Claude models surges.
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Sue Ryder to roll out AI scribe across UK hospices

Last month
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data protection
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digital transformation
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biometrics
Sue Ryder will deploy Heidi's NHS-approved AI scribe across UK hospices, aiming to cut paperwork and free clinicians for patient care.
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Deel's The Pitch offers USD $15m boost for seed firms

Last month
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fintech
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payment technologies
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hybrid & remote work
Deel launches The Pitch, a global contest offering up to USD $15m in SAFE funding to seed start-ups, with APAC entries closing 21 April.
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Sortd surges with AUD $8m holiday sales & 96% user lift

Last month
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martech
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personalisation
Wishlist app Sortd rides holiday boom with AUD $8m in sales, 96% user growth and revenue up more than 600% across peak Q4 trading.
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Qodo 2.0 debuts multi-agent AI code review upgrade

Last month
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application security
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Qodo 2.0 launches multi-agent AI code review to boost trust in autogenerated code, claiming 11% better detection of critical issues.
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LemFi secures AUSTRAC approval to launch in Australia

Last month
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migration
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risk & compliance
LemFi wins AUSTRAC approval to launch remittances in Australia, targeting a USD $38.2 billion outbound market serving migrant communities.
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Older Asia-Pacific founders chase unicorn valuations

Fri, 30th Jan 2026
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smb
Asia-Pacific startup founders are growing older but no less ambitious, with most over 45 and four in ten still chasing unicorn valuations.
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XYZ Reality hires Operations & Finance Chiefs to scale

Tue, 27th Jan 2026
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XYZ Reality names new Operations and Finance Chiefs to steer global expansion as demand surges for its mission-critical construction platform.
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2150 closes second fund at EUR €210m for urban tech

Tue, 27th Jan 2026
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Urban tech investor 2150 closes second fund at EUR €210m, lifting total assets to EUR €500m to back climate-focused city technologies.
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Juspay secures USD $50m, hits USD $1.2bn valuation

Mon, 26th Jan 2026
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fintech
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martech
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commerce systems
Juspay raises USD $50m in follow-on funding led by WestBridge Capital, lifting the payments firm to a USD $1.2bn valuation.
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Komodor bolsters leadership for AI driven SRE growth

Sat, 24th Jan 2026
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devops
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data analytics
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digital transformation
Komodor hires a new CFO and elevates its people chief to steer global expansion of its AI-driven site reliability engineering platform.