Telstra has participated in the Series A funding round of Californian drone software startup Cape through its investment arm, Telstra Ventures, joining Google’s Gradient Ventures, Mitsui & Co and NEA in the round.
London-based Relx Group, a multinational analytics company, has acquired Australia-founded digital identity company ThreatMetrix for £580 million (just over $1 billion) in cash.
Australian cybersecurity startup UpGuard raises US$17 million Series B co-led by Square Peg Capital with strategic investment from IAG
Australian-founded, California-based cybersecurity startup UpGuard has today announced the closing of a US$17 million (approximately $22 million) Series B round co-led by new investor Pelion Venture Partners and existing investor Square Peg Capital.
US startup Trov to launch on-demand insurance app in Australia with Suncorp Group after US$25.5 million raise
Californian insurance startup Trov has today announced the closing of a US$25.5 million Series C round led by Oak HC/FT, with participation from Australia’s Suncorp Group, Guidewire, and Anthemis Group, as well as the launch of its new on-demand insurance app into Australia next month.
It’s easy to watch the news stories about people drowning in rivers or at the beach each summer and think it will never happen to you because you’re a strong swimmer, but the truth is that accidents can happen to strong swimmers too. The World Health Organisation estimates that over 372,000 drowning deaths occur each year, with people often getting caught in rips, developing cramps, or falling overboard from a boat or swimming out too far and getting stuck.
A new startup DataFox has emerged, offering what appears to be a holistic and automated solution that allows investors to make better investment decisions. Google Ventures Partner Dave Munichiello even said that DataFox “is well positioned to help foster a new era of transparency in the world of private-company data.”