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Technology news for Australian CFOs and financial decision-makers

Technology funding news stories

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Technology funding
Auth0 closes US$120m Series F funding round
This latest round of funding will help us continue to grow aggressively across Australia and New Zealand (A/NZ) and Asia Pacific (APAC). It puts us in a very strong position."
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Investment
'Money men' failing Kiwi businesswomen, says Beany founder & CEO
"If Beany's experience is anything to go by then Kiwi businesswomen are being let down by the money men who've for too long decided which ventures fly and which fail,” de Bievre says.
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Technology funding
Spark backs homegrown parking app Parkable
Parkable is a sharing economy platform for car parking that allows companies and individuals to rent out their empty parking bays.
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Investment
Homegrown risk management firm woos US investors
Jacobi provides a cloud-based platform for multi-asset portfolio design, risk modelling, and client engagement.
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Cloud
KiwiNet secures funding from MBIE for research commercialisation of deep tech
KiwiNet runs a range of activities to empower the people who commercialise research.
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Technology funding
Databricks accelerates APJ expansion following $250 million funding round
Databricks announced the opening of new offices in Sydney, Tokyo and Bangalore.
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Data management
Rubrik welcomes $261m funding for new market expansion
The company intends to use the funds from new investor Bain Capital Ventures will go toward future innovation and expansion.
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Cloud
Hootsuite announces $5mil integration fund for social business apps
Funded applications will receive go-to-market support and opportunities to participate in co-marketing initiatives.
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Workforce management
OpenView invests US$25m in A/NZ workforce management company
The funding will be used to rapidly grow Deputy’s team across offices around the globe, including Sydney.
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Investment
Movac Fund 4 raises $105 million investment capital for Kiwi tech companies
New Zealand technology companies are about to be offered a new source of capital, after Movac's Fund 4 pool has now raised $105 million.
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Startup
$15,000 on offer for Kiwi entrepreneurs in #MyBizQuest competition
Up to $15,000 is up for grabs in #MyBizQuest, a programme aimed at helping NZ businesses get their ideas off the ground or up to the next level.
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Technology funding
New Kiwi VR/AR Association launched to attract billion-dollar investment
"Our association will accelerate investment and job growth in the country’s VR/AR industry by connecting all the players together."
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Technology funding
Centec Networks' $47 million funding to drive global expansion
"This funding round further establishes Centec as one of the top global sources of Ethernet switching silicon, and will enable us to meet demand."
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Startup
Exclusive: The secrets behind how crowdfunding can transform your startup
I’d argue that it’s also a more competitive market – with so many projects to choose from, the more persuasive ones are the ones that will survive."
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Government
Budget 2016: What it means for NZ's tech industry
The government's 2016 budget: "Innovative New Zealand" package inject an extra $761.4 million over four years into science & technology.