News & Analysis

Education software startup Compass raises $60 million

- November 12, 2019 2 MIN READ

Compass Education co-founders John de la Motte and Lucas Filer Melbourne-based schools management platform Compass Education has landed $60 million in its first major raise, with private equity firm Advent Partners taking a minority share in the startup ahead of its international expansion. The school management software platform says it’s now used by more than… Read more »

News & Analysis

Activision Blizzard acquires Major League Gaming; Silvercar raises $28 million in Series C round led by Audi; Toast raises $30 million

- January 8, 2016 4 MIN READ

Despite it being only the first week of January, it has been a busy week around the startup world. Intel has acquired Ascending Technologies, while Activision Blizzard has acquired Major League Gaming to bolster its live streaming offering. Meanwhile, airport car rental startup Silvercar has raised $28 million in a Series C round led by Audi, and restaurant POS startup Toast has raised $30 million.

Profiles

Australian VC funds open source their legal documents to help startups save on legal fees when raising capital

- May 19, 2015 2 MIN READ

Australian venture capital firms, angel groups, incubators, accelerators and other industry stakeholders have pledged to open source the legal documents used in their seed fundraising processes. Industry-wide standardised fundraising documents can now be downloaded via AVCAL’s website and used during early-stage equity investment rounds.

Profiles

Invoice2go just closed USD$35 million in late stage funding lead by Accel Partners

- September 24, 2014 2 MIN READ

Ten years ago, Chris Strode, Founder of Invoice2go, was living with his in-laws working full time and writing code from a desk set up in the bedroom. A lot has changed since then, his company employs 45 staff and services, and now has over 120,000 active users that send out of $10 billion worth of invoices, according to Strode when we sat down for a chat at Startup Daily yesterday.