Melbourne startup Gooroo, which is looking to help connect tech talent with the right company through an advanced matching algorithm, has entered into an agreement to list on the ASX through a reverse takeover of Petratherm Limited.
Redbubble, the online marketplace for creatives, has released its half year financial performance and confirmed its intention to raise $50 million through an ASX listing in June.
It’s finally happened: after months of speculation, Atlassian has gone public. The startup listed on the NASDAQ for US$21 a share, raising $440 million and closing its first day of trading with shares up by more than 32 percent at $27.78 after hitting a high of $28.05. The closing price left the startup valued at $5.8 billion, up from the company’s valuation of $3.3 billion earlier this year.
Sydney-based fintech startup zipMoney, described as ‘online lending meets the checkout’, listed on the Australian Securities Exchange (ASX) yesterday after raising $5 million in an oversubscribed reverse takeover of mineral exploration company Rubianna Resources.
Deloitte’s new mid-year review found that the technology, media, and telecommunications (TMT) industry led listings for 1H15 (first half of 2015), accounting for 47 percent of listing values and 27 precent of all IPOs.
Pureprofile, an online profile marketing and insights technology company, was born just as the dot-com bubble burst and companies folded. Fifteen years later, the company is set to open up its Initial Public Offering (IPO) and completely change the way consumers experience advertising.
Although changes can have an impact on businesses dependent on APIs, a newly incorporated consumer hardware company, the IoT Group, believes the way forward is to create products that are ‘ecosystem agnostic’.
Local services marketplace Oneflare has today announced that it has raised $3 million in funding and plans to IPO over the coming financial year.
Fitbit has earned the title of ‘super dragon’ following its successful IPO, which raised about US$732 million by selling 36.6 million shares. This is the third-largest US IPO of 2015, according to deal tracker Dealogic; and the San Francisco-based consumer hardware company is now valued at about $6.2 billion.
Box raised its IPO price to $US14 a share, making it worth about $US1.67 billion, Reuters reported Thursday. [Source: Business Insider]
The big news in the online business pages the past few days is that it’s been reported that there are rumours that sources are saying that Etsy is likely to unveil a public offering this year, with the company hoping to raise around $300 million.
Last week, LatAm Autos (ASX:LAA), an Australian founded online auto classifieds startup based in Latin America, announced the opening of its Initial Public Offering (IPO). Today, the company has announced that it has raised AUD$18 million through an oversubscribed IPO, with a market capitalisation of $71.9 million.
Rewardle raised $4 million through an oversubscribed Initial Public Offering; and at closing price, trades with a market capitalisation of more than $30 million.
Rewardle Holdings Ltd, the holding company that owns Melbourne-based startup Rewardle Pty Ltd, has recently opened up its Initial Public Offering (IPO), according to a prospectus that was lodged with ASIC on the 20th of August.
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.