Movus has developed FitMachine, a combined sensor and software solution that helps organisations monitor and maintain their industrial machinery and other assets.
Telstra has participated in the Series A funding round of Californian drone software startup Cape through its investment arm, Telstra Ventures, joining Google’s Gradient Ventures, Mitsui & Co and NEA in the round.
Telstra says its video business Ooyala is now worth zero – this could have been avoided by focusing on creators
Companies like Vimeo and Youtube have built their culture around celebrating the creator community on their platforms and the work they create. Telstra and Ooyala didn’t.
Telstra has participated in a US$41 million Series D funding round for Silicon Valley startup vArmour, a data centre and cloud security company that has rolled out its system to banks, telcos, government agencies, and retailers around the world.