Funding stories

Cybersecurity funding to surge this financial year: Adapt
Today
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cybersecurity
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security vulnerabilities
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cisos
According to Adapt's survey, 65% of cyber leaders expect funding increases, while 57% claim they still don't have the necessary budget.

Mash secures AUD $2 Million in pre-series A funding
Yesterday
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creative technologies
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capital
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emerging technology
The emerging creative company from Australia, Mash, announces the closing of an AUD $2 million pre-series A funding round.

Funding needed to uplift Australia’s cyber security posture
Last month
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cybersecurity
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federal government
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funding
"If the Australian Government wants to realise the its ambitious vision of being the world’s most cyber secure nation, legislation alone is not enough."

GSBN and HSBC complete 'ground breaking' trade finance POC
Fri, 14th Apr 2023
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blockchain
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financing
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hsbc
“The success of this proof-of-concept shows that blockchain and confidential computing technologies are complementary in a commercial setting.”

New Storyblok fund encourages content management innovation
Thu, 6th Apr 2023
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martech
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developers
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marketing
Storyblok has launched Creator Fund, an initiative allowing creators worldwide to submit their ideas and be in with a chance to win funding for a project.

CapitaLand Investment launches China data centre development fund
Wed, 22nd Feb 2023
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hyperscale
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investment
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development
CDCP has committed to invest in two hyperscale data centre development projects in Greater Beijing, and upon completion, will add approx S$1 billion to CLI's funds.

Cyber funding set to surge in light of high-profile breaches
Wed, 1st Feb 2023
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cybersecurity
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cfo
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funding
Cyber funding is set to surge in light of high-profile breaches, with Australian cybersecurity funding to increase 22%.

Strata Identity closes $26 million Series B funding round
Thu, 26th Jan 2023
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iam
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telstra ventures
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funding
Strata Identity has closed a US $26 million Series B round of financing led by Telstra Ventures with participation from existing investors Menlo Ventures, Forgepoint Capital and Innovating Capital.

Nerdio completes Series B $117M funding round with Updata Partners
Mon, 19th Dec 2022
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microsoft
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channel partners
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funding
Nerdio has announced completion of a Series B funding round investment of $117 million by Updata Partners, a growth equity company.

Solar energy expansion is heading sky high
Fri, 16th Dec 2022
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power / energy
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energy efficient
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telstra ventures
As solar energy and storage becomes the cheapest and most resilient source of energy around the world, millions of businesses are gearing up to participate in the transition away from fossil fuels.

Video: 10 Minute IT Jams - An update from BidFin
Tue, 20th Sep 2022
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digital transformation
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commerce systems
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payment gateways
Ross Simon, CEO, BidFin joins us today to discuss how alternate funding can foster stronger digital transformations for enterprises.

Muswellbrook Pumped Hydro to provide better electricity in NSW
Wed, 7th Sep 2022
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sustainable it
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data centre maintenance / management
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power / energy
Idemitsu Australia has signed a $9.45 million funding agreement with the New South Wales Government’s Energy Corporation through its JV with AGL, Muswellbrook Pumped Hydro.

Devicie secures AU$14 million in latest funding round
Tue, 30th Aug 2022
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mobility
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mdm
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byod
Devicie, the secure end-user device management Australian software company, announced that it has raised $14 million AUD in a Series A round.

Zetaris is changing the way we think about data virtualisation
Wed, 24th Aug 2022
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virtualisation
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microsoft
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partner programmes
Zetaris was launched on the Microsoft Marketplace and Ingram Micro Cloud Marketplace in Australia in 2020 and has since expanded into nine global markets.

Google.org and INCO's $750,000 First Nations digitisation fund
Tue, 9th Aug 2022
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google
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australian
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digitisation
INCO has launched its First Australians Digitisation Fund, with support from Google.org, to help organisations using tech to achieve better outcomes for First Nations communities.

Green hydrogen company Hysata raises AUD $42.5 million
Wed, 3rd Aug 2022
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sustainable it
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funding
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hydrogen
Global investors are supporting Hysata's hydrogen electrolyser technology as the organisation closes its oversubscribed Series A funding round of AUD $42.5 million.

Million dollar funding injection set to drive Servicely's overseas expansion
Mon, 25th Jul 2022
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ai
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it automation
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customers
Australian AI platform provider Servicely has announced a $1.2 million funding injection that will look to target a significant overseas expansion.

JAVLN partners with Bombora to help aid international expansion
Tue, 19th Jul 2022
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cloud services
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javln
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partnerships
NZ InsurTech company JAVLN has partnered with Australian pre-IPO fund manager Bombora Investment Management to fund a further international expansion.

Ping Identity launches corporate venture capital fund
Wed, 22nd Jun 2022
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iam
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innovation
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startup
Ping Identity has launched a corporate venture capital fund to foster innovative offerings for the identity security market.

DataStax secures US$115 million to fund database expansion
Mon, 20th Jun 2022
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cloud services
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bi
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big data
DataStax has secured US$115 million in funding, which it will use to develop and expand its Astra DB multi-cloud database and Astra Streaming service globally.

Broadcom to acquire VMware for billions in cash and stock
Tue, 31st May 2022
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cloud services
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virtualisation
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it automation
Broadcom is set to acquire VMware for approximately USD$61Billion in cash and stock. Additionally, Broadcom will assume $8 billion of VMware net debt.

Video: 10 Minute IT Jams - An update from Secureworks
Mon, 30th May 2022
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cybersecurity
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skills shortage
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secureworks
Today we are joined by Secureworks CSO Ian Bancroft, and director and GM Demetrios Georgiou.

Voxel hits total funding of $18M following ongoing wins
Tue, 17th May 2022
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productivity
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safety
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funding
Since raising its seed round in September, Voxel has grown at pace, by decreasing on-site injuries by upwards of 80% and increasing operational productivity.

Clear Dynamics closes $35M funding round, invests in global growth
Tue, 17th May 2022
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ai
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devops
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enterprise
The funding is a major milestone and speaks to Clear Dynamics’ vision for AI-enabled ‘composable’ enterprise software, the company states.