Australian-owned A Cloud Guru (ACG) has received a A$46.8 million boost from US-based growth equity firm Summit Partners alongside Australia’s AirTree Ventures and existing investor Elephant.
More than $10 million in new Australian contracts including investments in ICT and emerging technologies - along with a new Melbourne office for Enterprise Ireland - has been announced as part of a Trade Mission from Ireland.
Adelaide ‘self-service decision analytics’ start-up Daitum has secured a $1 million investment from Australian venture capital firm Right Click Capital.
NAB is doubling down on its $50 million venture capital fund NAB Ventures, by adding another $50 million to the pot over the next two years.
Q-Ctrl, Australia’s “first quantum tech start-up”, has secured the backing of three major global venture capital funds to complete its seed round initiated last year.
<a href="http://www.datatorrent.com">DataTorrent</a>, which claims its software can process billions of events per second in Hadoop clusters, has received $15 million in Series B funding.
Investors made a crowd around the cloud this week, investing $175 million in companies focused on everything from storage to the WAN to the supply chain.
In among all the cloud, security and mobile tech startups attracting venture funding so far this year, new companies focused on hiring, education and career development are pulling in big bucks.
Getting ready to pitch venture capitalists on your big data startup? Here's a hint: Don't call yourself a 'big data company' and don't pitch by analogy.
Venture capital firms continue to funnel big sums of money to big data startups. Hadoop player Cloudera announced $160 million in new financing, and analytics startup Platfora raised $38 million.
As venture-capital firms focus more on customer-facing technologies, CIOs are placing bets on emerging enterprise IT players.
The NSW government is keen to promote Sydney as an Asia-Pacific digital hub. The government used CeBIT to launch the initiative — a showreel will showcase NSW digital strengths during CeBIT Australia, the Vivid Festival and globally.
Discovering IT innovations that you can apply to your business can be a disorganized and frustrating process. The hottest technology may be inappropriate for your business needs. It's time-consuming to identify and validate new technology with limited IT resources. In addition, traditional ways to learn about useful technologies, such as IT conferences and research reports, may not provide enough proven ideas that are good matches for your business needs.
The Federal Government has injected $80 million into four Australian venture capital funds, with the aim of stimulating innovation and accelerating commercialisation in early stage Australian companies.
Optus parent SingTel (ASX:SGT) has set up a $158.2m venture capital fund to identify new technologies to invest in