Investment stories - Page 8

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.

Eden AI has secured EUR €3 million in seed funding led by Galion.exe, aiming to enhance its platform and expand its engineering team.

Emerald Technology Ventures has invested €8.4 million in Keto Software, enhancing its global reach for innovative Strategic Portfolio Management solutions.

LogicMonitor secures a USD $800 million investment, boosting its valuation to USD $2.4 billion and enhancing its AI-driven data centre solutions.

Dragos has appointed Mark Matheos as CFO, Mark Packham as CMO, and Darren Sankbeil as CSO to enhance its cybersecurity leadership and growth.

Australian companies have seen a remarkable 63% rise in digital design tool spending over five years, surpassing the APAC average of 46%.

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.

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

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

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

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.

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

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.

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

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.

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.

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.

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

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

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