TelcoNews Australia - Telecommunications news for ICT decision-makers

Investment stories - Page 8

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AI needs process intelligence for meaningful impact

Wed, 5th Feb 2025
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digital transformation
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supply chain
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genai
A new study by Celonis reveals that 89% of business leaders believe AI needs Process Intelligence for effectiveness, as 58% express concerns over process inefficiencies.
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Yavrio raises USD $2.4m to streamline ERP systems

Sat, 1st Feb 2025
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digital transformation
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fintech
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erp
Yavrio, a fintech firm in London, has raised USD $2.4 million in seed funding to transform ERP systems by eliminating error-prone CSV file imports.
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O.C. Tanner unveils AI tools to enhance employee recognition

Thu, 30th Jan 2025
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genai
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ai
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investment
O.C. Tanner has launched Culture Intelligence, an AI-driven toolset designed to enhance employee recognition and improve retention rates across organisations.
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Ondo Finance launches tokenised US Treasuries on XRP Ledger

Wed, 29th Jan 2025
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blockchain
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cloud services
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capital management
Ondo Finance has unveiled tokenised U.S. Treasuries on the XRP Ledger, boosting institutional access to short-term securities via Ripple USD.
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Emerald leads GBP £8.4m round to boost StormHarvester

Wed, 29th Jan 2025
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saas
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data analytics
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ai
Emerald Technology Ventures has led a GBP £8.4 million funding round for Belfast's StormHarvester, aiming to enhance its smart water management solutions.
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Top mobile messaging disruptors unveiled for 2025

Tue, 28th Jan 2025
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uc
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supply chain
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investment
Juniper Research has highlighted Sendbird, Front, and Sleekglow as top disruptors in the mobile messaging sector for 2025, aiming to challenge established players.
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Vertice secures $50 million to optimise enterprise spend

Thu, 23rd Jan 2025
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saas
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procurement
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spending
Vertice has secured $50 million in Series C funding, boosting its total to over $100 million, aimed at enhancing global procurement processes.
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Abnormal Security appoints new CFO ahead of public listing

Thu, 23rd Jan 2025
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saas
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ai
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cybersecurity
Abnormal Security has appointed Lisa Banks as Chief Financial Officer as it gears up for an initial public offering, aiming for over USD $1 billion in annual revenue.
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BPR Hub raises USD $2.6m to simplify compliance for SMEs

Tue, 21st Jan 2025
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devops
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supply chain
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apm
BPR Hub has secured USD $2.6 million in seed funding to tackle manufacturing compliance challenges, aiming to simplify regulatory processes for businesses worldwide.
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JLL appoints regional co-heads for Asia Pacific data sector

Thu, 16th Jan 2025
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hyperscale
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dc
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investment
JLL has expanded its Asia Pacific data centre capital markets platform, appointing Luke Jackson and Bob Tan as regional co-heads to enhance investor services.
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Commpete backs AUD $3bn fibre upgrade, urges caution

Wed, 15th Jan 2025
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uc
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digital transformation
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nbn
Commpete has backed the Australian Government's AUD $3 billion fibre upgrade while urging caution about its ambitious implementation and alternative technologies.
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SOUTHSTART event expected to drive innovation & connection

Tue, 14th Jan 2025
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uc
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agricultural technology
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collaboration
Australia's leading start-up festival, SOUTHSTART, has revealed its 2025 programme, taking place in Adelaide from March 4 to 6, to connect industry leaders.
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Quantum computing remains distant despite advancements

Tue, 7th Jan 2025
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edutech
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paas
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encryption
A Forrester report reveals that while quantum computing has made strides, practical applications remain a decade away due to persistent challenges.
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Railway operators to invest $1.2 billion in 5G LTE by 2027

Sun, 5th Jan 2025
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uc
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digitalisation
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lte
Railway operators are set to invest $1.2 billion in 5G LTE technology by 2027, marking a significant shift towards modern communication infrastructures.
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SandboxAQ secures $300m to advance AI quantum tech

Thu, 26th Dec 2024
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llms
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ai
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cybersecurity
SandboxAQ has secured over $300 million in funding, bringing its pre-money valuation to $5.3 billion as it advances in AI and quantum technology.
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Keepit secures $50 million to boost global expansion

Fri, 20th Dec 2024
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saas
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data protection
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investment
Keepit has secured $50 million in funding to bolster global expansion and innovate its data protection services, raising total funds to $90 million.
Harsha solanki  vp  gm   asia  infobip

GenAI in action: Transforming APAC business functions to deliver superior customer experiences

Thu, 19th Dec 2024
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digital transformation
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cx
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martech
In APAC, the rise of generative AI is reshaping customer experience, with 30% of Indian firms planning major investments in the technology over the next 18 months.
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Databricks raises USD $10 billion, valued at USD $62 billion now

Wed, 18th Dec 2024
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data analytics
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ai
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investment
Databricks secures USD $10 billion in Series J funding, valuing the data and AI firm at USD $62 billion, as it plans major global expansions.
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DigitalX raises USD $15.4m with placement & rights issue

Wed, 18th Dec 2024
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crypto
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blockchain
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defi
DigitalX has raised USD $10.3 million and plans a rights issue to secure another USD $5.09 million, amid strong investor backing ahead of a key meeting.
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The future of CFOs: Five predictions for 2025 and beyond

Mon, 16th Dec 2024
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digital transformation
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risk & compliance
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ai
As 2025 approaches, the role of the CFO in Australia is transforming, with investors favouring financial expertise over CEO leadership amid rising economic challenges.