Investment stories - Page 7

A Forrester report reveals that while quantum computing has made strides, practical applications remain a decade away due to persistent challenges.

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.

Keepit has secured $50 million in funding to bolster global expansion and innovate its data protection services, raising total funds to $90 million.

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.

OfficeMax has invested NZD $750,000 in wearable glove scanning technology to enhance productivity by 20% at its Auckland Distribution Centre.

A Maori-led fintech initiative in New Zealand aims to raise over $100 million in investment with the launch of the Quay Cove Ethereum Growth Fund.

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.

As 2025 approaches, the role of the CFO in Australia is transforming, with investors favouring financial expertise over CEO leadership amid rising economic challenges.

Voice AI platform Vapi secures USD $20 million in Series A funding, aiming to enhance its voice agent deployment across diverse industries.

Cohesity has completed its merger with Veritas' data protection division, becoming the largest global provider in the sector and valued at over USD $7 billion.

Alteryx has appointed Andy MacMillan as its new CEO, bringing over 20 years of tech industry experience to enhance its AI-driven analytics platform.

Atturra plans to acquire ComActivity for AUD $9 million, boosting its ERP solutions in the manufacturing sector across Australia and New Zealand.

Fresho has completed a Series B funding round, securing AUD $17 million to strengthen its AI capabilities and expand across multiple international markets.

Tricentis has secured a $1.33 billion investment from GTCR, valuing the firm at $4.5 billion as it aims for $425 million in 2024 revenue.

With crypto dominating headlines and social media, newcomers are urged to ask questions and understand the market before diving into investing.

LogicMonitor has secured an investment of USD $800 million, raising its valuation to approximately USD $2.4 billion to enhance its AI-driven observability platform.

Emerald Technology Ventures has invested €8.4 million in Keto Software, enhancing its global reach for innovative Strategic Portfolio Management solutions.

LogicMonitor secures a USD $800 million investment, boosting its valuation to USD $2.4 billion and enhancing its AI-driven data centre solutions.

Dragos has appointed Mark Matheos as CFO, Mark Packham as CMO, and Darren Sankbeil as CSO to enhance its cybersecurity leadership and growth.

The GitHub Secure Open Source Fund has launched with AUD $1.91 million to boost security in 125 open source projects, offering financial support and education.