MYOB and Malcolm Turnbull back $22 million series C in a workplace software startup

- November 2, 2020 < 1 MIN READ

MYOB has led a $22 million Series C round into workplace software startup Flare, with the accounting platform also announcing a new partnership with the five-year-old venture. Existing investors Point72 Ventures, Acorn Capital and David Fite joined the round with Malcolm Turnbull signing on as a new investor. Turnbull and Fite will become special advisors… Read more »

News & Analysis

MYOB’s acquisition spree continues with GreatSoft in its sights

- October 27, 2020 < 1 MIN READ

Private equity-owned accountancy software firm MYOB is ramping up the practice management solutions side of its business with plans to acquire cloud-based software provider, GreatSoft. The move comes after MYOB recent took a majority stake in workforce management software Roubler. The acquisition, now under review by competition regulator the ACCC, will integrate GreatSoft’s cloud-based practice… Read more »

News & Analysis

BRIGHT SPOTS: How SalesPreso turned the coronavirus crisis into an opportunity to make presentations slicker

- April 23, 2020 4 MIN READ

While many businesses have been forced to close as part of social distancing measures to reduce the risk of coronavirus, one entrepreneur’s poison is another’s meat and alongside covering how to get through the next six months, and detailing what’s happening in small business land in our series “From The Frontline“, Startup Daily also wants… Read more »

News & Analysis

MYOB says small business needs to step up on cybersecurity as people work from home

- March 31, 2020 3 MIN READ

Another threat SMEs need to deal with while focusing on the impact coronavirus is cybersecurity, especially as people work from home. Tech and accountancy business MYOB says cybersecurity is a key risk smaller businesses often don’t pay attention to. MYOB Head of Product, SME, Dale Dixon says companies and their staff need clear guidelines on… Read more »

News & Analysis

‘I really hate the expression fail fast’: new MYOB boss Greg Ellis ditches old company mantra

- February 3, 2020 2 MIN READ

MYOB’s new CEO Greg Ellis doesn’t believe in the well-worn startup maxim ‘fail fast’. “I really hate the expression,” Ellis said revealing he’s instilling new drive and vigour in the teams at the now privately-owned accountancy software business. His predecessor, Tim Reed, who spent a decade in the top job before calling time last September,… Read more »

News & Analysis

MYOB boss Tim Reed steps down after 12 years

- August 8, 2019 3 MIN READ

  MYOB CEO Tim Reed is stepping down after 12 years in charge of the Australian accounting software company. Reed, recently returned from holidays after the ASX delisting of the business following its acquisition in May by an affiliate of US private equity firm Kohlberg Kravis Roberts (KKR), will stay on as an advisor and… Read more »