Australian Stories

Scalare Partners becomes first tech accelerator to list on ASX

Scalare Partners has launched its trading on the ASX, marking it as Australia's first early-stage tech accelerator to list, raising AUD $4.3 million.

By Sean Mitchell • 2 min read • Mon, 18th Nov 2024

Risk & Compliance

Australian CFOs concerned about AI value in investment

A survey reveals Australian CFOs are uneasy about AI's ROI, with 77% deeming their organisations ineffective in realising its potential.

By Shannon Williams • 3 min read • Sat, 16th Nov 2024

Global Stories

Data Analytics

Neo4j surpasses USD $200m ARR, eyes further AI growth

Neo4j has exceeded USD $200 million in annual recurring revenue, doubling its figure in three years, driven by demand for its graph technology.

By Melania Watson • 3 min read • Wed, 20th Nov 2024

Supply Chain

TRST01 seeks USD $10 million for expansion in ESG tech

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.

By Kaleah Salmon • 3 min read • Tue, 19th Nov 2024

Crypto

CoinFlip Wallet launches in Australia & New Zealand

CoinFlip has launched its Wallet service in Australia and New Zealand, enhancing the ease of cryptocurrency transactions for users in the region.

By Melania Watson • 3 min read • Tue, 19th Nov 2024

Storage

Tiger Technology targets USD $10M funding for cloud growth

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.

By Melania Watson • 2 min read • Tue, 19th Nov 2024

Customer Experience

DeepL launches real-time speech translation products

DeepL has launched its voice translation solution, DeepL Voice, enabling real-time spoken translations for meetings and conversations across multiple languages.

By Melania Watson • 3 min read • Tue, 19th Nov 2024

Data Analytics

Avanade report: mid-market firms embrace AI despite hurdles

Avanade's new Trendlines report reveals mid-market firms are eager to adopt AI despite facing significant challenges in achieving sustainable success.

By Imee Dequito • 3 min read • Mon, 18th Nov 2024

Hyperscale

HMC Capital acquires iseek platform for AUD $400 million

HMC Capital has acquired data centre platform iseek for AUD $400 million, enhancing its strategy to launch a Global Digital Infrastructure Platform.

By Sean Mitchell • 3 min read • Fri, 15th Nov 2024

Software-as-a-Service

CloudBolt & CloudEagle.ai join forces for SaaS savings

CloudBolt Software has teamed up with CloudEagle.ai to enhance cloud and SaaS management, aiming for increased returns on USD $4 billion investments.

By Kaleah Salmon • 3 min read • Mon, 11th Nov 2024

Investment

CVC & CD&R finalise investment in Epicor software firm

CVC and Clayton, Dubilier & Rice have completed their investment in Epicor, enhancing its enterprise software capabilities and governance structure.

By Kaleah Salmon • 3 min read • Fri, 8th Nov 2024

Stories from Other Regions

Investment

Iplicit ranks 40th in Deloitte UK Technology Fast 50 list

Iplicit has been ranked 40th in the Deloitte UK Technology Fast 50, boasting an impressive 742% revenue growth from 2021 to 2024.

By Sean Mitchell • 3 min read • Tue, 19th Nov 2024

Investment

UK cities approve 89% of data centre applications

Research by Onnec reveals that 89% of data centre planning applications in the UK's largest cities were approved in the past five years.

By Imee Dequito • 3 min read • Tue, 19th Nov 2024

Sage

Iplicit appoints industry leaders to advisory board

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.

By Imee Dequito • 3 min read • Tue, 19th Nov 2024

Investment

JLL secures significant plot for digital firm in Thailand

JLL Thailand has brokered a major real estate deal on Bangna-Trat Road, signalling the nation's evolving role as a digital infrastructure hub.

By Kaleah Salmon • 4 min read • Tue, 19th Nov 2024

Unified Communications

Coventry & Warwickshire offer GBP £4.35m for innovation

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.

By Melania Watson • 3 min read • Tue, 19th Nov 2024

Investment

Keppel sells data centres in SGD $1.38 billion deal

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.

By Imee Dequito • 2 min read • Tue, 19th Nov 2024

Software-as-a-Service

Iplicit strengthens executive team for substantial growth

Cloud accounting firm iplicit is expanding its executive team in preparation for significant growth, aiming for £100m in annual recurring revenue by 2031.

By Imee Dequito • 3 min read • Tue, 19th Nov 2024