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Funding stories

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Digital Transformation
Video: 10 Minute IT Jams - An update from BidFin
Last month
Ross Simon, CEO, BidFin joins us today to discuss how alternate funding can foster stronger digital transformations for enterprises.
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Sustainable IT
Muswellbrook Pumped Hydro to provide better electricity in NSW
Last month
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.
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MDM
Devicie secures AU$14 million in latest funding round
August 2022
Devicie, the secure end-user device management Australian software company, announced that it has raised $14 million AUD in a Series A round.
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Startup
Zetaris is changing the way we think about data virtualisation
August 2022
Zetaris was launched on the Microsoft Marketplace and Ingram Micro Cloud Marketplace in Australia in 2020 and has since expanded into nine global markets.
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First Nations
Google.org and INCO's $750,000 First Nations digitisation fund
August 2022
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.
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Sustainable IT
Green hydrogen company Hysata raises AUD $42.5 million
August 2022
Global investors are supporting Hysata's hydrogen electrolyser technology as the organisation closes its oversubscribed Series A funding round of AUD $42.5 million. 
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AI
Million dollar funding injection set to drive Servicely's overseas expansion
July 2022
Australian AI platform provider Servicely has announced a $1.2 million funding injection that will look to target a significant overseas expansion. 
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Cloud
JAVLN partners with Bombora to help aid international expansion
July 2022
NZ InsurTech company JAVLN has partnered with Australian pre-IPO fund manager Bombora Investment Management to fund a further international expansion.
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Identity and Access Management
Ping Identity launches corporate venture capital fund
June 2022
Ping Identity has launched a corporate venture capital fund to foster innovative offerings for the identity security market.
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Open source
DataStax secures US$115 million to fund database expansion
June 2022
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.
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Cloud
Broadcom to acquire VMware for billions in cash and stock
May 2022
Broadcom is set to acquire VMware for approximately USD$61Billion in cash and stock. Additionally, Broadcom will assume $8 billion of VMware net debt.
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Cybersecurity
Video: 10 Minute IT Jams - An update from Secureworks
May 2022
Today we are joined by Secureworks CSO Ian Bancroft, and director and GM Demetrios Georgiou.
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Safety
Voxel hits total funding of $18M following ongoing wins
May 2022
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.
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AI
Clear Dynamics closes $35M funding round, invests in global growth
May 2022
The funding is a major milestone and speaks to Clear Dynamics’ vision for AI-enabled ‘composable’ enterprise software, the company states.
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Cloud
Training & certification: It's time for leaders to loosen the purse strings
May 2022
Here we explore reasons that companies can benefit from investing in staff training and certification as well as ways to persuade leadership teams to invest.
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Sustainable IT
Getac partnership to bolster sustainability initiatives
April 2022
Getac announced a partnership with One Tree Planted as part of its Earth Day 2022 sustainability initiative, which aims to plant 30,000 trees.
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Sustainable IT
UQ collaborates on multi-million-dollar sustainable energy project
April 2022
“UQ has a big role in creating the workforce for the future of the critical minerals industry as Australia charts its pathway towards new energy technologies."
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Remote Working
Organisations changing the way they fund technology
April 2022
Having the right technology has become mission-critical for organisations of all sizes in the digital economy.
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Prospa
Survey reveals NZ businesses dipping into personal savings to stay afloat
April 2022
According to new research from Prospa, 40% of Kiwi small businesses use personal savings to support operations.
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AI
Uniphore and Probe CX partner to deliver enhanced CX solutions
April 2022
The new global partnership will involve Probe CX leveraging Uniphore’s conversational automation platform to create enhanced solutions, which involve personalisation and automation.
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Digital Transformation
Australian Budget 2022 bolsters cyber security sector
March 2022
The Australian Government has announced an investment of $9.9 billion to increase the country’s intelligence and cybersecurity capabilities.
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Cybersecurity
Budget boost promises better cybersecurity for our health system
March 2022
$75.7 million, over three years was pledged, specifically to upgrade cybersecurity tools and improve training, awareness and incident management capability in the Ministry itself, within the 20 District Health Boards and at the primary health and community care levels
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Cloud
ACS encourages federal leaders to think bigger around tech jobs
March 2022
The Australian Computer Society (ACS) is calling for greater visionary thinking from federal leaders around the industries of the future, particularly relating to IT technology roles.
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Submarine Cable Projects
SUNeVision wins tender to develop second Hong Kong station
March 2022
SUNeVision has announced the company has won the tender for a site in Chung Hom Kok, which it will use to develop a second landing station for international submarine cables.