CFOtech Australia - Technology news for CFOs & financial decision-makers

Insight Partners stories

Flux result 78e663b5 ac9a 4b75 ad0b f90ca22b3359

OpenAI raises USD $122 billion in record AI funding

Last week
#
saas
#
semiconductors
#
digital transformation
OpenAI secures USD $122 billion in funding as Amazon, Nvidia and SoftBank back a rapid expansion in compute, enterprise tools and product plans.
Editorial professional services cloud workflow dashboards startup growth

Rocketlane raises USD $60m to expand AI services platform

Last month
#
saas
#
devops
#
digital transformation
Rocketlane secures USD $60m Series C to accelerate global rollout of Nitro, its AI-driven professional services execution platform.
Modern office multi device unified browser desktop network security

Island unveils Enterprise Platform for unified work

Last month
#
firewalls
#
data protection
#
network security
Island launches Enterprise Platform to extend its governed workspace from a secure browser to consumer browsers, desktops and networks.
Open plan office ai agent network world map apac europe latam

Wonderful raises USD $150m to scale global AI agents

Last month
#
digital transformation
#
erp
#
ai
Wonderful secures USD $150m Series B at a USD $2bn valuation to scale its agentic AI platform and triple headcount for global expansion.
Enterprise server room ai debugging engineer monitoring data

Lightrun unveils AI SRE tool for live runtime debugging

Thu, 26th Feb 2026
#
devops
#
martech
#
application security
Lightrun has launched an AI-driven SRE tool that taps live runtime context to debug production systems and automate incident remediation.
Towering ai office with brain logo cranes and gold coin stacks

Anthropic raises USD $30 billion, hits USD $380b value

Mon, 16th Feb 2026
#
data analytics
#
digital transformation
#
hyperscale
Anthropic raises USD $30bn in new backing, lifting the AI group's valuation to USD $380bn as demand for its Claude models surges.
Sf sunset glass office tower glowing floor clouds data streams valuation

Databricks raises USD $4bn, valued at USD $134bn

Wed, 17th Dec 2025
#
data analytics
#
digital transformation
#
erp
Databricks secures over USD $4bn in fresh funding, lifting its valuation to USD $134bn as demand for AI data infrastructure surges.
Coda pr announcement new et press page 1356x864

Coda unveils unified leadership team after Recharge deal

Tue, 9th Dec 2025
#
crypto
#
fintech
#
martech
Coda unveils a unified leadership team and reshaped board as it fully integrates Recharge into a single global digital commerce platform.
1646780216461

Showpad & Bigtincan unite under new CEO to drive AI sales growth

Fri, 31st Oct 2025
#
cx
#
martech
#
erp
Showpad and Bigtincan have merged under new CEO Apratim Purakayastha to lead growth in AI-powered sales enablement across 50 countries.
Modern data center rows servers glowing network cables ai analytics

Databricks secures USD $1 billion to boost AI & hits USD $100 billion value

Fri, 12th Sep 2025
#
data analytics
#
open source
#
ai
Databricks has raised USD $1 billion, valuing the AI firm at over USD $100 billion amid rapid growth and a USD $4 billion revenue run-rate.
Interlocking digital puzzle pieces merging over globe technology firms ai platform

Vector Capital to merge Showpad & Bigtincan in global AI push

Thu, 28th Aug 2025
#
digital transformation
#
cx
#
martech
Vector Capital will merge AI firms Showpad and Bigtincan under the Showpad brand to create a global AI-driven revenue enablement platform by 2025.
Handshake silhouettes merging into arrow global business collaboration growth

Bigtincan & Showpad to merge, targeting USD $12 billion market

Wed, 27th Aug 2025
#
cx
#
martech
#
erp
Bigtincan and Showpad will merge under Vector Capital to target the USD $12bn AI-driven sales enablement market, operating globally under the Showpad brand.
Ps dr melnik

Amperity appoints Dr Grigori Melnik as Chief Product Officer

Wed, 23rd Jul 2025
#
siem
#
martech
#
cdp
Amperity has named Dr Grigori Melnik as Chief Product Officer to drive product innovation and growth in the customer data platform industry worldwide.
Techday f 55092a2cd3e44bb70db6

Optimizely, commercetools partner to speed up retail campaigns

Thu, 22nd May 2025
#
devops
#
digital transformation
#
cx
Optimizely and commercetools partner to help retailers deliver faster, personalised digital experiences by integrating content and commerce platforms for marketers.
Techday f b2b72f1d2271e5a27dfa

Relevance AI raises $24 million to boost AI workforce tools

Wed, 7th May 2025
#
virtualisation
#
digital transformation
#
ai
Relevance AI has raised $24 million to expand its AI agent platform, enabling no-code creation of specialised AI workforces for enterprises worldwide.
Techday 67a7aa90dd7cfeba1e93

Databricks raises USD $10 billion, valued at USD $62 billion now

Wed, 18th Dec 2024
#
data analytics
#
ai
#
investment
Databricks secures USD $10 billion in Series J funding, valuing the data and AI firm at USD $62 billion, as it plans major global expansions.
Andy macmillan 019590 1

Alteryx appoints Andy MacMillan as new CEO amid AI push

Mon, 9th Dec 2024
#
martech
#
cdp
#
ai
Alteryx has appointed Andy MacMillan as its new CEO, bringing over 20 years of tech industry experience to enhance its AI-driven analytics platform.
Techday 5a7f86bd48a46c6a8053

GTCR invests $1.33bn in Tricentis, valuing at $4.5bn

Mon, 2nd Dec 2024
#
digital transformation
#
leadership
#
investment
Tricentis has secured a $1.33 billion investment from GTCR, valuing the firm at $4.5 billion as it aims for $425 million in 2024 revenue.
Ray wizbowski headshot 600x700px  2

ECI Software appoints Ray Wizbowski as new chief marketing officer

Thu, 12th Sep 2024
#
saas
#
cx
#
martech
ECI Software Solutions appoints Ray Wizbowski as chief marketing officer, to drive brand growth and enhance customer engagement.
Img yw7j496g69hblsvhayy5ureo

Optimizely hits USD $400m ARR milestone with revenue quadrupled

Thu, 16th May 2024
#
ai
#
optimizely
#
episerver
Optimizely reports a major milestone, quadrupling its revenue to USD $400 million ARR in Q1 2024, showcasing its crucial role in evolving digital marketing landscapes.