TelcoNews New Zealand - Telecommunications news for ICT decision-makers

Investment stories - Page 8

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CoinFlip Wallet launches in Australia & New Zealand

Tue, 19th Nov 2024
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crypto
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blockchain
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cloud services
CoinFlip has launched its Wallet service in Australia and New Zealand, enhancing the ease of cryptocurrency transactions for users in the region.
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Tiger Technology targets USD $10M funding for cloud growth

Tue, 19th Nov 2024
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storage
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hybrid cloud
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cloud storage
Tiger Technology is set to secure USD $10M in Series A funding, driven by strong demand for its hybrid cloud data management platform amid soaring data costs.
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DeepL launches real-time speech translation products

Tue, 19th Nov 2024
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cx
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martech
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captions
DeepL has launched its voice translation solution, DeepL Voice, enabling real-time spoken translations for meetings and conversations across multiple languages.
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Avanade report: mid-market firms embrace AI despite hurdles

Mon, 18th Nov 2024
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data analytics
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digital transformation
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genai
Avanade's new Trendlines report reveals mid-market firms are eager to adopt AI despite facing significant challenges in achieving sustainable success.
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HMC Capital acquires iseek platform for AUD $400 million

Fri, 15th Nov 2024
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hyperscale
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dc
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asx
HMC Capital has acquired data centre platform iseek for AUD $400 million, enhancing its strategy to launch a Global Digital Infrastructure Platform.
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CloudBolt & CloudEagle.ai join forces for SaaS savings

Mon, 11th Nov 2024
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saas
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investment
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cloudbolt
CloudBolt Software has teamed up with CloudEagle.ai to enhance cloud and SaaS management, aiming for increased returns on USD $4 billion investments.
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CVC & CD&R finalise investment in Epicor software firm

Fri, 8th Nov 2024
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investment
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epicor
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cvc
CVC and Clayton, Dubilier & Rice have completed their investment in Epicor, enhancing its enterprise software capabilities and governance structure.
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Bitcoin is about to hit an all-time high! Now what?

Wed, 6th Nov 2024
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crypto
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blockchain
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defi
As Bitcoin nears an all-time high, investors like Sarah are eager to understand the market cycle and develop sound strategies for their investments.
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Spot AI unveils Video AI Agents after USD $31m funding

Fri, 1st Nov 2024
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edutech
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education, learning & training
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investment
Spot AI has unveiled its new Video AI Agents, revolutionising surveillance technology following a recent funding round that secured USD $31 million.
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Silicon Valley Bank provides USD $50M to Bugcrowd

Fri, 1st Nov 2024
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crypto
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cloud security
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blockchain
Silicon Valley Bank has granted Bugcrowd USD $50 million to enhance its AI-driven cybersecurity solutions and accelerate growth in the global market.
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Cohesity appoints Vasu Murthy as Chief Product Officer

Wed, 30th Oct 2024
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data protection
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ai security
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ai
Cohesity has appointed Vasu Murthy as Senior Vice President and Chief Product Officer to enhance its data security portfolio amid substantial growth.
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Is Crypto gambling? Let's 'roll the dice' on this debate

Tue, 29th Oct 2024
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crypto
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blockchain
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risk & compliance
As cryptocurrencies polarise opinion, the debate rages: is crypto merely gambling, or a daring avenue for diversifying investments?.
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Zoho invests USD $10m in NVIDIA AI for language models

Fri, 25th Oct 2024
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saas
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data privacy
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llms
Zoho has announced a partnership with NVIDIA to enhance its AI capabilities, investing USD $10 million to improve large language models for its SaaS applications.
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ANZ leads in observability investment & business value

Fri, 25th Oct 2024
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devops
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siem
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digital transformation
Splunk's latest report reveals that organisations in Australia and New Zealand lead global observability spending, investing AUD $3.4 million annually.
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Socket secures USD $40m series B to combat supply threats

Wed, 23rd Oct 2024
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application security
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advanced persistent threat protection
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supply chain
Socket has completed a USD $40 million funding round, aiming to enhance security for open-source software amid rising supply chain attacks.
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Telecom firms lead the way in GenAI adoption & investment

Fri, 11th Oct 2024
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uc
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data analytics
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cx
A new study reveals that 70% of telecommunications firms are adopting generative AI, outpacing other sectors in investment and implementation.
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Mobii partners with North Rakaia for NZ green data centre

Tue, 8th Oct 2024
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hyperscale
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dc
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ai
Mobii Green Energy Group has partnered with North Rakaia Ltd to launch a green hydrogen data centre in Canterbury, featuring an initial investment of USD $2 billion.
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Layer secures USD $6m to boost decentralised web tech

Tue, 8th Oct 2024
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crypto
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blockchain
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software development
Layer has raised USD $6 million in seed funding to enhance trust in internet software, spearheading advancements in decentralised application technology.
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ANZ SOC teams distrust legacy tools, turn to AI solutions

Fri, 4th Oct 2024
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semiconductors
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advanced persistent threat protection
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socs
A Vectra AI report reveals 69% of ANZ SOC practitioners fear missing cyber threats due to legacy tools, while AI gains trust as a modern solution.
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ANZ leaders invest USD$15 million in generative AI for 2024

Wed, 2nd Oct 2024
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genai
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ai
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software development
Australia and New Zealand are outpacing the world in generative AI investment, committing USD$15 million in 2024, surpassing the global average.