Melbourne HR tech business Culture Amp raised US$82 million (AU$121m) in Series E to value the business at US$700 million – more than AU$1 billion. It’s the third Australian startup this year to reach the magic $1 billion valuation – “unicorn” status – after Judo Bank and Airwallex, in the second biggest tech… Read more »
Today global leaders in cloud video production, 90 Seconds has announced a raise of US$7.5 million in a Series A funding. The round led by US venture firm Sequoia and Australian firm AirTree Ventures.
With the number of companies becoming unicorns doubling between 2013 and 2014, a new report from KPMG has found that Sequoia Capital is the firm with the most unicorns in its portfolio.