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Technology news for Asia's CFOs and financial decision-makers

Investment news stories - Page 2

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Artificial Intelligence
Millennium Corp adds value to sales culture with data
Investment firm Millennium Corp has leveraged data to turbocharge a sales-centric culture.
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Digital Transformation
Australian Budget 2022 bolsters cyber security sector
The Australian Government has announced an investment of $9.9 billion to increase the country’s intelligence and cybersecurity capabilities.
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Cloud
Raiz Invest partners with Pokitpal for investment commerce opportunities
The announcement revealed news of the next iteration of the Raiz Reward feature, set to create further opportunities for customers to save and invest when they shop with a Raiz Rewards partner.
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Silent Eight
Silent Eight raises $40m in Series B round to aid development strategy
Financial crime platform Silent Eight has raised $40m in Series B round funding, which will be used to cater to the needs of its expanding customer base.
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Funding
Blackbird says NZ tech sector set for massive growth
Local investor Blackbird says New Zealand’s tech sector is poised for a period of significant growth, which could see it transformed into one of the economy’s largest export earners.
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MYOB
Employment, expansion, tech investment focus for business
A significant majority of mid-market businesses plan to make changes to their operations in 2022, a new report reveals.
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Cybersecurity
Five pointers for choosing a Threat Intelligence Platform
As the new financial year looms, companies are starting to identify the key strategic focus areas for the year ahead and the technology investments needed to deliver them.
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Remote Working
APAC businesses lead the world in customer experience investment
Due to a pandemic-induced surge in new digital consumers and behaviours, Asia Pacific businesses are set to outstrip other regions in CX investment in 2022.
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Hyperscale
Data centre operator PDG closes US$350 million equity deal
Singapore-based Princeton Digital Group (PDG) has closed an equity investment from Mubadala Investment Company (Mubadala) as a lead investor for US$350 million.
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Online verification
Main invests in verification specialist as demand grows
Main Capital Partners has acquired a majority stake in InnoValor, the creator of ReadID - a global, mobile identity verification software provider using NFC.
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Cisco
Privacy considered a 'business imperative' - report
Privacy is mission-critical, with 91% of businesses in Asia Pacific considering privacy a business imperative.
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Digital Transformation
AI company raises $105m to create people for 'digital' workforces
An Auckland based artificial intelligence company Soul Machines has raised $US70 million ($NZ105m) to meet growing demand for "digital people".
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Cybersecurity
Australian businesses are boosting their cyber security budgets
According to a new Accenture report, Australian businesses are boosting their cyber security budgets.
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Keppel Data Centres Holding
Beijing investment bank backs Keppel Data Centre investment fund
The Asian Infrastructure Investment Bank (AIIB) contributed US$100 million to the Keppel Data Centre Fund (KDC Fund II), a fund that closed with a US$1.1 billion raise.
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Cloud
Cryptocurrency trading in NZ below world average, but signs show increased awareness
A recent study has revealed that although cryptocurrency is still a growing market in New Zealand, the country's usage rate is still well below those of our overseas counterparts.
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Expansion
Personetics raises $85M, expands operations in Australia
Personetics has raised $85 million in growth funding from Thoma Bravo, a software investment firm, doubling the company's valuation and securing a total funding of more than $160 million in 2021.
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Cloud
GPS closes $400 million funding round, brings on new chair
“The upsizing of this latest round of investment is an important step forward for the company and a strong endorsement of our strategy."
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CIO
Airline CIOs look to technology to aid in COVID-19 recovery
"Smart technology, automation, and digitalisation are the only ways our industry can thread the needle between profitability, safety, and sustainability.”
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Gaming
Virtual reality investment explodes in 2021 - report
"The unprecedented level of private capital investment in the virtual reality sector indicates how much investors are really starting to see how this market is set to explode."
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Endpoint Protection
CrowdStrike launches $100 million investment vehicle Falcon Fund II for tech innovators
CrowdStrike has announced the launch of Falcon Fund II, a $100 million investment vehicle in partnership with Accel focused on cross-stage private investments within cybersecurity and relevant adjacent markets. 
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Australia
NCS makes majority investment in Eighty20, scales presence in Australia
“This strategic partnership between Eighty20 and NCS illustrates our continued drive to provide best of breed digital transformation solutions to our clients and the market."
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Hyperscale
Private equity investors are transforming the data centre landscape, report finds
Private equity and sovereign wealth investors are providing new impetus to hyperscale data centre investments, and have become key players in the introduction of new facilities and the acquisition of existing data centres.
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Cloud
Kasada raises $23m, continues to revolutionise bot security
The company states it plan to use the Series C funding to further accelerate its sales and grow its development, support and marketing departments.
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Juniper Networks
Juniper Networks announces improved partner program for 2022
“Juniper Networks is a partner-centric company, and the investments we’ve made in the program for 2022 will accelerate our strong partnerships and continue us all on the path of hyper-growth.”