In the process of completing a $100 million Series D round, US cybersecurity start-up CrowdStrike, which expanded into Asia Pacific last year, has onboarded Telstra Ventures as a new investor. Led by existing CrowdStrike investor Accel, the Series D Round brings CrowdStrike’s total funding to $256 million, with a valuation of over $1 billion dollars, […]
The Australian game development industry is frustrated. Incredibly so. One of the bodies that represents local companies in the industry, iGEA, recently published an open letter to Senator Mitch Fifield, who, as Minister for Arts, is the chief member of parliament responsible for supporting the games industry. Here’s an except from that letter: “… time […]
Pre-Series-A technology start-up Sinorbis, which assists Australian companies and marketing agencies to engage Chinese digital customers, has closed an oversubscribed $2.3 million bridging round, bringing its total capital raise to $3.9 m to date. In a press release announcing the raise, co-founder and CEO Nicholas Chu explained that Australian companies have ‘traditionally struggled’ to market […]
Sydney-based logistics start-up Shippit has declined the opportunity to close a $5m Series A funding round, instead settling for a more modest $2.2 million from a line-up of new investors. Co-founders Rob Hango-Zada and William On originally sought to raise $3 million for the shipping management platform they launched to market in February 2015. […]
This week, Melbourne’s Airwallex – a fintech start-up specialising in cross-border payments – closed one of the largest Series A funding rounds ever held by an Australian technology venture. CEO and co-founder, Jack Zhang, spoke to Dynamic Business about what was involved in securing US$13 million for the company’s foreign exchange platform from three global heavy hitters: […]
Online healthcare marketplace HealthEngine has now raised close to $50m after closing a $26.7m Series C funding round. Sequoia India, which has worked closely with Apple’s Steve Jobs, Google’s Larry Page and LinkedIn’s Jeff Weiner and other high-profile founders, led the round. The VC firm, which counts HealthEngine as its first direct investment in an […]
Melbourne start-up MyDeal.com.au has closed a $5 million funding round with strategic investment firm Gandel Invest. Launched in 2012, the fast-growing online marketplace has, until now, been entirely bootstrapped by founder, CEO and serial entrepreneur Sean Senvirtne. He spoke to Dynamic Business about why the time was right to inject capital into MyDeal, which has grown […]
The modern business environment is tough, and fraught with challenges that can make or break your business. These days, it’s not enough to simply offer a quality service or product. The characteristics that set aside successful modern businesses are simple – agility and innovation. The ability to react quickly to opportunities is paramount to the ongoing […]
Start-ups that apply for Salesforce’s inaugural PitchComp, which takes place in Sydney next month, are in with a chance to win up to USD$60,000 in funding plus additional business support from the cloud CRM provider. The competition will be held at the Salesforce World Tour Sydney event on Tuesday, 21 March and will be judged by Steve Baxter […]
Regardless of the successes your business achieved in 2016, a ‘financial detox’ is an invaluable opportunity to take things to the next level this year. Like a personal detox, a business cleanse is focused on boosting energy levels and performance. Specifically, it’s all about understanding your financial vulnerabilities and cash flow pressures and creating a foundation to fund […]
