cyber security
News & Analysis

A cybersecurity startup tackling web bots has landed $6.5 million from the CSIRO’s and Westpac’s VC funds

- May 7, 2019 3 MIN READ

  Cybersecurity startup Kasada has raised $6.5 million from the CSIRO’s innovation fund, Main Sequence Ventures, and Westpac’s Reinventure Group to ramp up its technology to tackle automated bots attacking websites. The raise comes 12 months after Kasada’s wunderkind founder and CEO, Sam Crowther, first raised $2.5 million for his venture. Kasada’s uses cloud-based tech… Read more »

News & Analysis

This healthtech startup is helping the next generation of doctors treat remote Australian patients

- May 6, 2019 2 MIN READ

Access to high quality healthcare in regional Australia is an ongoing challenge, with one enterprising country town, Temora, 420km southwest of Sydney, going so far as to produce a 3-minute music video, “The Great Quack Quest”  in a bid to attract GPs. Technology offers one solution, allowing patients in remote locations to consult with medical… Read more »

News & Analysis

Uber is about to face the legal fight of its life, worth hundreds of millions, against thousands of Australian cabbies

- May 3, 2019 3 MIN READ

A class action against Uber from taxi drivers has the potential to be Australia’s biggest class action More than 6000 people among 57,000 potential claimants have already signed up for the case Class action lawyers Maurice Blackburn lodged the claim in the Victorian Supreme Court today Global ridesharing app Uber is facing a major legal… Read more »

News & Analysis

Australia’s biggest science investment fund has another $210 million for medical research startups

- May 2, 2019 2 MIN READ

Australian VC firm, Brandon Capital Partners, has just raised another $210 million to invest in commercialising medical research, and is already on the hunt for another $250 million as it edges towards $1 billion in science investments. The 5th Medical Research Commercialisation Fund, MRCF5, raised AU$210 million from existing investors, taking the total in the… Read more »

News & Analysis

The CSIRO is sending two startup founders to Stanford as part of its accelerator program

- May 2, 2019 2 MIN READ

Two Australian scientists and startup founders will head to America’s prestigious Stanford University to study after impressing the CSIRO’s with their ideas during the organisation’s recent ON Accelerate program. Stephen Trowell, founder and MD of Parts Per Billion, and Melanie White, co-founder and director of Inova Medical, will receive $30,000 each towards travel and their… Read more »

News & Analysis

Funding for Australian startups just had a bumper start to 2019, but things are starting to look tougher

- May 1, 2019 4 MIN READ

Investors and companies spent more than $2.6 billion on tech startups in the first three months of 2019, but the cash splash looks set to dry up if the longer-term trend continues according to Startup and tech directory Techboard, which released its March 2019 quarterly funding report today. It was a good quarter for mature startups… Read more »

News & Analysis

The team behind Barbeques Galore just raised $20 million in series A funding for a children’s online tutoring business

- April 30, 2019 2 MIN READ

Online tutoring startup Cluey, which wants to change the way kids learn using tech and AI, has raised $20 million in Series A funding. International technology investor Allectus Capital and Alex Waislitz’s Thorney Investment Group, including the listed Thorney Technologies Ltd, led the round, which takes the total raised to $31 million.  Cluey is the… Read more »

News & Analysis

A Melbourne cloud computing startup just landed one of 2019’s biggest raises to go global

- April 30, 2019 2 MIN READ

Melbourne educational training startup A Cloud Guru (ACG) has raised US$33 million (A$47m) from US and local investors, including Summit Partners and Airtree Ventures, just four years after brothers Sam and Ryan Kroonenburg launched the platform. As technological disruption cuts its way through a swathe of industry sectors, the Kroonenburgs has been working with a… Read more »