TechDay Australia - Australia's technology news network

Investment stories - Page 1

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LogicMonitor secures USD $800m to advance AI initiatives
Yesterday
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saas
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data analytics
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digital transformation
LogicMonitor has secured an investment of USD $800 million, raising its valuation to approximately USD $2.4 billion to enhance its AI-driven observability platform.
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Eden AI secures EUR €3 million seed funding for growth
Yesterday
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digital transformation
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hyperscale
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api
Eden AI has secured EUR €3 million in seed funding led by Galion.exe, aiming to enhance its platform and expand its engineering team.
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Emerald Technology invests €8.4m in Keto Software
Yesterday
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ai
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cleantech
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sustainability
Emerald Technology Ventures has invested €8.4 million in Keto Software, enhancing its global reach for innovative Strategic Portfolio Management solutions.
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LogicMonitor secures USD $800m for AI data centre boost
Yesterday
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saas
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data analytics
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digital transformation
LogicMonitor secures a USD $800 million investment, boosting its valuation to USD $2.4 billion and enhancing its AI-driven data centre solutions.
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Dragos expands executive team amid cybersecurity market growth
Yesterday
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cx
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martech
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advanced persistent threat protection
Dragos has appointed Mark Matheos as CFO, Mark Packham as CMO, and Darren Sankbeil as CSO to enhance its cybersecurity leadership and growth.
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Australian investment in digital design tools surges 63%
2 days ago
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digital transformation
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telstra
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atlassian
Australian companies have seen a remarkable 63% rise in digital design tool spending over five years, surpassing the APAC average of 46%.
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GitHub launches AUD $1.91m fund for open source security
2 days ago
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risk & compliance
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open source
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cybersecurity
The GitHub Secure Open Source Fund has launched with AUD $1.91 million to boost security in 125 open source projects, offering financial support and education.
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Neo4j surpasses USD $200m ARR, eyes further AI growth
3 days ago
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data analytics
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digital transformation
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data science
Neo4j has exceeded USD $200 million in annual recurring revenue, doubling its figure in three years, driven by demand for its graph technology.
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Iplicit ranks 40th in Deloitte UK Technology Fast 50 list
3 days ago
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investment
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startups
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iplicit
Iplicit has been ranked 40th in the Deloitte UK Technology Fast 50, boasting an impressive 742% revenue growth from 2021 to 2024.
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UK cities approve 89% of data centre applications
3 days ago
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investment
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digital infrastructure
Research by Onnec reveals that 89% of data centre planning applications in the UK's largest cities were approved in the past five years.
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Iplicit appoints industry leaders to advisory board
3 days ago
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sage
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investment
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c-suite
iplicit has appointed Øystein Moan and Nic Humphries to its advisory board as it targets GBP £100m ARR within six years amid significant growth plans.
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JLL secures significant plot for digital firm in Thailand
3 days ago
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investment
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jll
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digital economy
JLL Thailand has brokered a major real estate deal on Bangna-Trat Road, signalling the nation's evolving role as a digital infrastructure hub.
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TRST01 seeks USD $10 million for expansion in ESG tech
3 days ago
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cleantech
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sustainability
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climate change
TRST01 is seeking to raise USD $10 million in Series A funding to expand its sustainable tech operations amid rising global demand for ESG compliance solutions.
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CoinFlip Wallet launches in Australia & New Zealand
3 days ago
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cryptocurrency
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blockchain
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cloud services
CoinFlip has launched its Wallet service in Australia and New Zealand, enhancing the ease of cryptocurrency transactions for users in the region.
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Tiger Technology targets USD $10M funding for cloud growth
3 days ago
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storage
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hybrid cloud
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cloud storage
Tiger Technology is set to secure USD $10M in Series A funding, driven by strong demand for its hybrid cloud data management platform amid soaring data costs.
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Coventry & Warwickshire offer GBP £4.35m for innovation
3 days ago
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cleantech
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ar, vr & metaverse
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collaboration
Coventry and Warwickshire are offering GBP £4.35 million in funding to boost innovation and business growth in the local Immersive and Creative technology sector.
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Keppel sells data centres in SGD $1.38 billion deal
3 days ago
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investment
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divestment
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keppel
Keppel has sold two AI-ready hyperscale data centres in Singapore to Keppel DC REIT for SGD $1.38 billion, marking a major Southeast Asian deal.
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Iplicit strengthens executive team for substantial growth
3 days ago
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saas
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financial systems
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xero
Cloud accounting firm iplicit is expanding its executive team in preparation for significant growth, aiming for £100m in annual recurring revenue by 2031.
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DeepL launches real-time speech translation products
4 days ago
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cx
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martech
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captions
DeepL has launched its voice translation solution, DeepL Voice, enabling real-time spoken translations for meetings and conversations across multiple languages.
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Avanade report: mid-market firms embrace AI despite hurdles
4 days ago
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data analytics
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digital transformation
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genai
Avanade's new Trendlines report reveals mid-market firms are eager to adopt AI despite facing significant challenges in achieving sustainable success.