Presentation software startup Prezi has today announced that it has raised an additional US$57 million in investment from Spectrum Equity and Accel Partners, taking total capital raised so far for the startup to $71.3 million. The latest round of funding is a major step forward for Prezi and will help accelerate the company’s global growth plans.
Australian ecommerce software startup Bigcommerce has announced today that is has closed a $50 million Series D funding round led by Softbank Capital – taking total capital raised to $125 million.
The growth of the iAuditor, SafetyCulture’s flagship smartphone app in the beginning was organic and viral, garnering hundreds of thousands of downloads and at the time, and was being used over 25,000 times a day by workers right across the globe.
Nitro joins Battery Ventures stable, a firm with over 100 acquisitions and listings, as it looks towards an IPO
Choosing to align himself with a firm such as Battery Ventures, widely considered a top ten US Venture Capital firm, is an extremely well thought out strategic decision on behalf of Nitro founder, Sam Chandler.
Home intelligence startup Ninja Blocks has today announced a USD$700,000 capital raise. The news follows a successful Kickstarter crowdfunding campaign completed in January through which the startup raised a little over $700,000, more than six times its pledged amount. Investors in the latest fund round are both local and international, and include SingTel Innov8, Blackbird Ventures and 500 Startups.
Beanhunter may have acquired Coffeejobs last week, but this is just the first step in a much larger strategy for owning Australia’s speciality coffee space.
Glamsquad is part of the growing trend of startups that operate in the ‘connection economy’. Other startups that fall into this category include Uber, goCatch, Airtasker, Sidekicker, Road Angels and SuitBids, to name just a few.
Yesterday, the news was confirmed and broke by Fairfax. goCatch had indeed closed a $4.5 million round of funding, although a press release distributed last night said the capital raise was sitting at $5 million.
Following hot on the tails of Australia’s latest startup trend, Question-and-Answer based social network Spring.me has today announced its plans to list on the Australian Securities Exchange (ASX), and raise a further $3 million to $5 million in the upcoming weeks through institutional investors.
Rewardle raised $4 million through an oversubscribed Initial Public Offering; and at closing price, trades with a market capitalisation of more than $30 million.
It would be quite easy as a fellow startup to roll your eyes at even “more” ground-breaking news about Canva. The fact is, when you have as much traction as they do in a particular industry, press coverage is warranted.
Myagi, a Melbourne based startup has raised $500,000 in seed funding from local and international investors which will be used to expand their specialist online training platform, that helps retailers and brands deliver better customer service on the shop floor.
Australian mobile payment provider and taxi services app ingogo today announced an additional $3.4 million in funding, valuing the business at over $25 million and taking the total capital raised by the company to $7.1million.