Funding stories

Prismatic has raised $3.25 million in seed funding, and states the investment will help to propel growth and empower B2B software companies.More

"The AIIA has provided feedback and advice on the proposed National AI Strategy, now is the time for the Federal Government to step up and commit their support.”More

Commission considers it requires funding of: -    $15 million a year for the telecommunications and fibre sector, a $3.7 million increase on the $11.3 million spent in 2019/2020.More

The funding, which is part of a wider $10 million allocation, is designed to create and nurture the game development industry in the region.More

The Alkira team of Amir and Atif Khan have a strong track record and approach to network cloud that could be ‘more disruptive than SD-WAN’.More

Accurics, a cloud cyber resilience company specialising in cloud native infrastructure, states the new investment will support the company's market momentum and help in continued development of technology.More

“We’re on a mission to give people back their time so they can spend it on things that matter, such as growing their businesses. Thanks to this investment round, we're going to be able to accomplish our mission much faster.”More

The company, which focuses on demanding sectors such as energy, utilities and healthcare, says the investment will help to drive the global expansion of AI technology. More

“The investment is double what we’d initially allocated,” says company.More

“Despite any challenges created by the pandemic, we’ve made great progress this year on our mission to turbocharge growth for our partners and their merchants. We’ve been able to make their expansion into new markets more lucrative.” More

This funding allows us to accelerate our platform ambitions to meet mounting customer demands and scale the tremendous opportunity to bring automation to one billion citizen developers resulting in every business finally becoming a software business.” More

The company states funding will be used to increase market expansion in North America as well as expand its content provider partner network in direct response to the increased demand for the platform.More

Leading Edge Data Centres has received a $20 million cash injection from Washington H. Soul Pattinson which will be used to fund growth of its regional data centre network in Australia.More

According to the company, the new funds will be used to drive global expansion and accelerate the company’s next phase of growth.More

"The funding recognises the traction Cohesity is seeing in the market as a disruptive, software-defined data management company."More

Myriota has raised A$28 million in series B funding, with a view to grow its satellite network and extend support for billions of devices.More

"The development of a full self-service platform will give our clients an unprecedented level of insight and control over their SEM and SEO efforts, and will ultimately be an incredible game-changer for the industry."More

“We are on a mission to help enterprises deliver high-quality SaaS implementations at scale by shining a light on the costly and problematic issue of technical debt."More

"We see this as a prime opportunity to fill the gap for established companies who need a broader range of funding options, especially when looking to expand their burgeoning businesses."More

Right-Hand states that the seed round funds will be used to boost the company’s product roadmap development.More

“For many government CIOs, disruption will affect their IT budget growth, and the funding and launch of new business initiatives will suffer."More

“We look forward to continuing to work with Soul Machines as it scales and realises its global aspirations.”More

According to a statement, the grants will benefit more than two million students, first responders, teachers, veterans and community members in 32 countries.More

The funds will lend itself to significant global expansion for the Australian-based business and accelerate research and development programs for transformative new robotics, navigation and sensor technologies.More