IT Brief India - Technology news for CIOs & IT decision-makers

Funding stories

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Pimberly secures additional £4m funding for US & European expansion
Yesterday
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market
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technology funding
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us
Pimberly, the UK-based PIM and DAM software provider, has secured an additional £4m ($5m) for expansion into US and European markets, raising its total funding to over £14m ($17.8m).
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Device Authority secures extra $2m for IoT access management growth
Last week
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network management
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iot
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iam
Device Authority, a leader in IoT identity and access management, has secured an additional $2m in Series A funding from US venture capital firm Mercato Partners' Prelude Fund.
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Australian healthcare plagued with rising rate of cyber fraud
Last month
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it in healthcare
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encryption
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nac
RSM Australia warns that identity and cyber fraud pose significant threats to the healthcare sector, with criminals exploiting complex funding sources and billing systems.
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GigaComm secures more funding to extend ultra-fast network
Last month
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internet
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telecommunications
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digital divide
Australian firm GigaComm to extend its ultra-fast internet service to more east coast businesses and residential blocks.
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Dotz Nano secures $12 million for carbon capture tech
Last month
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technology funding
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retail
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funding
Dotz Nano secures up to A$12m aimed at further developing and commercialising their innovative carbon capture technology, DOTZearth.
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UK government invests £100m to refine AI regulation
Last month
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edutech
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ml
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ai
The UK government earmarks £100m for more agile AI regulation to bolster the country's tech sphere, enhancing understanding and leveraging of AI's potential.
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CarbonHQ bags AUD $600,000 pre-seed funding to streamline carbon projects
Last month
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climate change
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funding
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canva
Climate startup CarbonHQ raises AUD $600,000 in pre-seed funding to boost transparency in volatile carbon market and expedite Carbon credits projects.
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Tech startup p0 secures $6.5m seed fund for software reliability solution
Wed, 31st Jan 2024
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testing
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funding
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software
New tech start-up, p0, emerges from stealth with a unique approach to software testing, having successfully secured $6.5m seed funding led by Lightspeed Venture Partners.
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Who the backers back: Why diversity in Australian VC funding portfolios should be made public
Tue, 30th Jan 2024
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dei
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jobs
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law
Diverse companies outperform less diverse peers, McKinsey report shows, prompting calls for Australian venture capital funds to publicly disclose diversity levels within their investment portfolios.
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AiDash secures $50m for AI & satellite climate solution growth
Wed, 24th Jan 2024
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ai
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satellite
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climate change
AiDash, a satellite-first software solution provider for multiple industries, raises $50m in a bid to expand operations and boost combating climate-related threats.
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India-Japan Fund invests Rs. 400 Crore into Mahindra's mobility unit
Tue, 16th Jan 2024
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sustainable it
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government of india
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investment
India-Japan Fund invests Rs. 400 Crore in Mahindra and Mahindra's Last Mile Mobility, bolstering the company's sustainable transport goals in its first-ever investment act.
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DPO signs power purchase agreement for green Texas data centres
Sat, 6th Jan 2024
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sustainable it
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power / energy
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ai
Green data centre operator, Digital Power Optimization, Inc., secures renewable energy supply through a PPA with a multinational provider, planning to directly harness wind power from Texas farms for its facilities.
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Aqua Security's value tops $1 billion after funding boost
Thu, 4th Jan 2024
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application security
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fortune 100
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funding
Aqua Security secures $60m extra funding, boosting its market value to over $1 billion, led by Evolution Equity Partners and backed by existing investors.
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Netsafe reveals growing online harm for New Zealanders
Fri, 29th Dec 2023
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cyberbullying
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netsafe
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nz
Netsafe's 2023 research reveals a sharp rise in harmful digital communications experienced by New Zealanders, with almost half of the Māori population and many under 30 falling victim.
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AtomBeam hits $3 million target in StartEngine fundraiser
Fri, 29th Dec 2023
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bandwidth
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investment
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sales
AtomBeam hits $3 million startup funding, showing strong investor faith in its game-changing data-shrinking tech.
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Birchal crowdfunds $2.39 million, bolsters Australian startup ecosystem
Fri, 22nd Dec 2023
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entrepreneur
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funding
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growth
Birchal, an Australian equity crowdfunding platform, has obtained $2.39m from a successful funding campaign, benefiting local startups. .
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UK businesses call for increased government investment in AI sector
Thu, 21st Dec 2023
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data protection
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ai
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customer service
43% of UK businesses call for increased government investment in the artificial intelligence sector, reveals Zoho survey.
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Plerion becomes only Australian software firm with AWS Security Competency status
Wed, 13th Dec 2023
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cloud services
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public cloud
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cloud security
Australian cybersecurity firm Plerion secures exclusive AWS Security Competency status, affirming its cloud security prowess.
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Michael Harrison to steer UK Sales for Accelerated Payments
Wed, 13th Dec 2023
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partner programmes
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hsbc
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london
Michael Harrison, having vast experience in global banks and tech firms, joins Accelerated Payments as UK Sales Director.
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Australian startup Leonardo.Ai raises AU$47m to revolutionise art ecosystems
Tue, 12th Dec 2023
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cloud services
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public cloud
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aws
Australian tech startup Leonardo.Ai raises AUD $47m to transform the art industry, after attracting seven million global users.
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French startup ProvenRun secures £15m for cybersecurity expansion
Mon, 11th Dec 2023
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cybersecurity
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france
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funding
French startup ProvenRun secures £15m in Series A round to expand its cybersecurity capabilities, led by Tikehau Capital.
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Rad secures major funding to revolutionise video streaming with blockchain
Mon, 4th Dec 2023
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video
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blockchain
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martech
Rad, a key player in Web 3 video streaming, receives significant funding led by Ayre Ventures, and plans to integrate blockchain into its platform.
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RAD project marks impressive 2023 with donations & accolades
Mon, 4th Dec 2023
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it training
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project management
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nz
In 2023, the Recycle A Device (RAD) project achieved remarkable milestones, including donating 2,374 laptops and winning notable accolades.
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Amelia named as leading AI provider in Everest Group AI Top 50
Mon, 4th Dec 2023
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ai
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retail
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sales
Amelia, a leading AI software company, has been recognised as a top AI provider in the inaugural Everest Group AI Top 50.