Investment stories - Page 31

Fintech startup Hnry secures USD $2.15 million in an over-subscribed investment round led by EVP, fuelling technology advancements and international expansion.

In partnership with Accel, CrowdStrike will co-invest in security startups that are building applications on the CrowdStrike Falcon platform.

AlphaCert and Refinitiv are now offering new data management solutions to New Zealand and Australian investment management sectors.

ASB invests in TradeWindow to boost its DLT trade platform, enhancing efficiency and security for New Zealand exporters in global trade processes.

Heavy fines of GBP £183.39 million for British Airways and GBP £99.2 million for Marriott underscore the critical need for immediate cybersecurity investment.

Jacobi provides a cloud-based platform for multi-asset portfolio design, risk modelling, and client engagement.

Cloud data protection firm Druva secures USD $130 million led by Viking Global, bringing total funding to USD $328 million for expansion and innovation.

It uses deep learning techniques to analyse data, provide AI consulting services and develops and provides algorithms and neural networks.

Kaseya, the IT infrastructure management platform for MSPs and SMBs, has raised over $500m in investment to fuel its growth and innovation.

Cisco announced a plan to invest AU$61 million over the next three years to help drive Australia's secure digital transformation.

IBM to invest over USD $2 billion in AI, creating a global research hub at SUNY Poly, driving advancements in AI hardware and fostering economic growth.

New Zealand's top tech companies have seen a 38% rise in profitability, the largest increase since records began in 2005.

A $35m contract has been signed for a submarine cable connecting Australia's Sunshine Coast to Asia and the United States.

US interest in Australian tech firms surged, driving a 33% jump in M-A deals this quarter. Key players like Atlassian are catching investors' eyes.

So far in 2018 Australians have lost more than $26 million to investment scams. Already monthly losses have increased 117% since last year.

HPE will invest in research and development to advance and innovate new products, services and consumption models across a number of technologies.

Scammers stole $340 million from Australians in 2017 – ACCC says this is the biggest loss ever recorded on its books.

The UK Government is investing $41m into the nation's first space agency, aiming to secure a greater portion of the global space market.

Perth telecoms firm Vonex is set to list on the Australian Securities Exchange after receiving confirmation from the ASX.

Ankur Modi left a prestigious job at Microsoft to found StatusToday, a cybersecurity company that has pushed Modi into Forbes' 30 under 30 in tech.