Following an $8 million partnership with La Trobe University, Optus has today announced an $8 million investment into a new Advanced Security Operations Centre [ASOC]. This new centre is part of Optus’ plan to dominate the cybersecurity sector, which is now the largest area of investment for the telecommunications giant.
Melbourne cybersecurity startup ResponSight has raised $1.15 million in seed funding, led by Carthona Capital and follow on investment from Black Sheep Capital. The startup is responsible for providing risk solutions to large enterprises through reporting and analysing security breaches. It is one of only a few home grown cybersecurity startups working in this space.
Australian-founded, California-based cybersecurity startup UpGuard has today announced the closing of a US$17 million (approximately $22 million) Series B round co-led by new investor Pelion Venture Partners and existing investor Square Peg Capital.
Cricketer Steve Smith has turned a $100,000 startup investment into $12 million 
WeWork reveals an astonishing $2.4 billion annual loss as it pushes to an IPO 
Antler Australia just put $1.2 million into 12 startups in its first Sydney accelerator 
Atlassian became a A$50 billion company last week, just as the tech giant revealed bigger operating losses 
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