‘Chief Twit’ Elon Musk’s electric vehicle company, Tesla, has copped its third vehicle recall in Australia in less than a month from safety regulators, with the latest software glitch involving around 15,900 Model 3 and Model Y cars imported this year. “Due to a software error, the tail lamps on one or both sides may… Read more »
Software development startup Buildkite has raised US$21 million (A$31m) in a Series B round. Local VCs OneVentures and AirTree led the round with Up bank founder Dom Pym also chipping in alongside US firm General Catalyst. The Melbourne devops tech company previously raised $28 million in 2020 at a $200 million valuation. It’s just the… Read more »
Early stage investment company Antler Australia recently backed 13 startups as part of its ongoing program to build great local tech companies. Over six weeks, Startup Daily will share the details of each venture in the “Antler Investor Memos” series. You can also meet the founders on the Startup Daily show on ausbiz.com.au every Monday… Read more »
Japanese auto giant Suzuki has taken a strategic stake in Australian tech startup Applied EV as part of $21 million round that values the business at $170 million. The raise is the first tranche of a two-part funding round, with St Baker Energy and Innovation Fund making significant investments. Applied EV develops vehicle control systems… Read more »
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 »
Software that allows strata managers to run meetings with property owners remotely is being rapidly expanded to allow live voting at meetings and AGMs following a spike in demand. South Australian software development company Axios launched its StrataVote platform in 2017 and has so far captured almost 15 per cent of the Australian market with… Read more »
A Sydney-based contract and supplier software platform Portt, which spent a decade bootstrapping its way into a global business, has finally take on its first outside funding as it looks to tackle slavery risks in company supply chains. Co-founders and co-CEOs Chris Holmes and Andre Pinkowski raised $4 million in a round led by the… Read more »
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 »
The classic saying “two heads are better than one” reflects the idea that collaboration is the key to success. In the software technology world, best-of-breed represents this approach, encouraging businesses to have several solutions working closely together to create a better experience for end-users and IT teams, rather than relying on a single-vendor solution.
The government has released new guidelines to help businesses claiming funding for software development through the research and development (R&D) tax incentive.
Square has integrated its services with MYOB’s accounting solutions, completing its plan to integrate with all major accounting solutions in Australia.
Accounting software company Xero has acquired Canadian startup Hubdoc for an initial fee of US$60 million ($80.87 million) that consists of 35 percent cash and 65 percent in Xero stock.
Rod Drury has stepped down as CEO of Xero, with the company’s board announcing Steve Vamos will be taking on the role on April 1.
With shares priced at $0.45 per share, LiveTiles is also set to launch a Share Purchase Plan to raise an additional $3 million from existing eligible shareholders.
New Zealand startup Flossie is a software platform helping customers easily find, book, and pay for beauty appointments at partner salons.