ChannelLife New Zealand - Industry insider news for technology resellers

Investment stories - Page 5

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Senetas sells Votiro to Menlo Security for USD $37.5m
Thu, 20th Feb 2025
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data protection
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advanced persistent threat protection
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cybersecurity
Senetas has sold its subsidiary Votiro to Menlo Security for USD $37.5 million, a strategic move expected to enhance its position in the cybersecurity market.
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Hexaware raises INR ₹8,750 crores in historic IT IPO
Thu, 20th Feb 2025
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it services
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history
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ipo
Hexaware Technologies has achieved a remarkable feat by completing India's largest IT services IPO, raising INR ₹8,750 crores and marking its return to public markets.
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CDC launches USD $2.7 billion Laverton data campus
Wed, 19th Feb 2025
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ai
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cleantech
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government
Construction of a new USD $2.7 billion data campus in Laverton has commenced, poised to boost the local economy and create thousands of jobs.
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Segi Fresh to invest in Mandalay's agritech for Malaysia
Wed, 19th Feb 2025
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cleantech
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nfc
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agritech
Mandalay Venture Partners has secured its first strategic investor as Malaysia's Segi Fresh joins its agritech portfolio to enhance fresh food supply chains.
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Ikonz Studios secures funding for global AI expansion
Wed, 19th Feb 2025
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edutech
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physical security
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genai
Ikonz Studios has secured strategic Pre-Series A funding from prominent investors, bolstering its innovative AI-driven digital experiences and global expansion.
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New metric introduced to measure value of cybersecurity
Wed, 19th Feb 2025
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financial systems
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cybersecurity
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leadership
A report by HackerOne reveals security leaders' doubts over traditional ROI metrics, introducing Return on Mitigation to better assess cybersecurity investments.
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Markko reports record growth with GBP £500,000 revenue
Wed, 19th Feb 2025
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saas
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investment
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growth
Markko has reported record growth, achieving annual recurring revenue of GBP £500,000 and supporting 15 live marketplaces amid rising demand for its platform.
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Symphony Commerce names Matt Smith as new CEO
Tue, 18th Feb 2025
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cfo
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b2b
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leadership
Symphony Commerce has strengthened its leadership by appointing Matt Smith as CEO, supported by new CFO Ella Lim and promoted Client Service Director Hannah Spencer.
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CDC secures AUD $17 billion valuation in ownership deal
Tue, 18th Feb 2025
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edutech
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hyperscale
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ai
A landmark ownership deal has secured CDC's AUD $17 billion valuation, ensuring its sovereign status while enabling significant growth in data centre operations.
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MyPass Global secures AUD $7.5m to boost US expansion plans
Mon, 17th Feb 2025
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data privacy
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deloitte
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oil and gas
MyPass Global has announced securing AUD $7.5 million in Series A funding, aimed at expanding operations into the Americas.
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TP-Link unveils new UK distribution hub in Newbury
Mon, 17th Feb 2025
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it training
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cx
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martech
TP-Link has inaugurated its largest National Distribution Centre in Newbury, boosting storage capacity by 50% to enhance service for UK and Ireland clients.
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Harrison.ai secures AUD $179m for global expansion
Fri, 14th Feb 2025
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healthtech
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market
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investment
Harrison.ai has raised AUD $179 million in Series C funding, bolstering its AI-driven diagnostics expansion across global healthcare markets.
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SAP partners with Databricks to launch Business Data Cloud
Fri, 14th Feb 2025
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ai
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sap
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cfo
SAP has launched its Business Data Cloud alongside Databricks, aiming to unify enterprise data to enhance decision-making and accelerate AI initiatives.
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Prenetics unveils DNA-based identity with blockchain tie-up
Fri, 14th Feb 2025
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cryptocurrency
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blockchain
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data privacy
Prenetics has teamed up with Humanity Protocol to launch a blockchain-based identity verification service via its CircleDNA platform, enhancing secure digital interactions.
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Western Digital plans Flash unit spin-off by early 2025
Fri, 14th Feb 2025
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physical security
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ai
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cleantech
Western Digital is set to separate its Flash business by February 2025, as it focuses on enhancing its HDD technology amid rising data storage demands.
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60% of firms revamping supply chains amid trade turmoil
Thu, 13th Feb 2025
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supply chain & logistics
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investment
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automation
A new report reveals 60% of firms are revamping supply chains to tackle tariff uncertainty and market volatility, driving investments in automation and diversification.
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Tusk unveils operations platform with $2m seed boost
Thu, 13th Feb 2025
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supply chain & logistics
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ecommerce
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management
Tusk Logistics has unveiled its innovative Tusk Operations Platform, backed by $2 million in funding, aiming to revolutionise shipping management for users.
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Lack of whistleblowing systems undermines ESG in Australia
Wed, 12th Feb 2025
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dei
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transparency
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investment
Report It Now raises alarm over the inadequate whistleblowing infrastructure in Australian firms, jeopardising Environmental, Social, and Governance commitments.
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Future AGI secures USD $1.6m to boost AI accuracy tools
Wed, 12th Feb 2025
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robots
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data science
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ai
Future AGI has secured USD $1.6 million in pre-seed funding to enhance its AI lifecycle management platform, co-led by Powerhouse and Snow Leopard Ventures.
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Reconomy appoints Dodsworth, invests GBP £10m in tech
Tue, 11th Feb 2025
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erp
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cleantech
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sustainability
Reconomy has announced the appointment of Jenny Dodsworth as its new Group Programme & Delivery Director and plans to invest over GBP £10 million in technology development.