TelcoNews Asia - Telecommunications news for ICT decision-makers

Investment stories - Page 8

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Databricks raises USD $10 billion, valued at USD $62 billion now

Wed, 18th Dec 2024
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data analytics
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ai
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investment
Databricks secures USD $10 billion in Series J funding, valuing the data and AI firm at USD $62 billion, as it plans major global expansions.
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The future of CFOs: Five predictions for 2025 and beyond

Mon, 16th Dec 2024
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digital transformation
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risk & compliance
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ai
As 2025 approaches, the role of the CFO in Australia is transforming, with investors favouring financial expertise over CEO leadership amid rising economic challenges.
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Vapi secures USD $20 million for AI voice agent expansion

Fri, 13th Dec 2024
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customer service
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investment
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nato
Voice AI platform Vapi secures USD $20 million in Series A funding, aiming to enhance its voice agent deployment across diverse industries.
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Global data centres optimistic on AI growth despite power concerns

Wed, 11th Dec 2024
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ai
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clean technologies
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sustainability
A DLA Piper survey reveals 70% of global data centre investors forecast increased funding over two years, driven by AI demand despite energy concerns.
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Alteryx appoints Andy MacMillan as new CEO amid AI push

Mon, 9th Dec 2024
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martech
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cdp
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ai
Alteryx has appointed Andy MacMillan as its new CEO, bringing over 20 years of tech industry experience to enhance its AI-driven analytics platform.
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Indosat empowers Indonesian startups on trip to Sydney

Fri, 6th Dec 2024
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investment
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funding
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entrepreneurship
Indosat Ooredoo Hutchison has hosted a SheHacks trip to Sydney, aiding five Indonesian women-led startups in connecting with global investors.
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GTCR invests $1.33bn in Tricentis, valuing at $4.5bn

Mon, 2nd Dec 2024
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digital transformation
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leadership
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investment
Tricentis has secured a $1.33 billion investment from GTCR, valuing the firm at $4.5 billion as it aims for $425 million in 2024 revenue.
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LogicMonitor secures USD $800m to advance AI initiatives

Thu, 21st Nov 2024
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saas
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data analytics
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digital transformation
LogicMonitor has secured an investment of USD $800 million, raising its valuation to approximately USD $2.4 billion to enhance its AI-driven observability platform.
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Emerald Technology invests €8.4m in Keto Software

Thu, 21st Nov 2024
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ai
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clean technologies
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sustainability
Emerald Technology Ventures has invested €8.4 million in Keto Software, enhancing its global reach for innovative Strategic Portfolio Management solutions.
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Dragos expands executive team amid cybersecurity market growth

Thu, 21st Nov 2024
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cx
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martech
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advanced persistent threat protection
Dragos has appointed Mark Matheos as CFO, Mark Packham as CMO, and Darren Sankbeil as CSO to enhance its cybersecurity leadership and growth.
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GitHub launches AUD $1.91m fund for open source security

Wed, 20th Nov 2024
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uc
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risk & compliance
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open source
The GitHub Secure Open Source Fund has launched with AUD $1.91 million to boost security in 125 open source projects, offering financial support and education.
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Neo4j surpasses USD $200m ARR, eyes further AI growth

Wed, 20th Nov 2024
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data analytics
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digital transformation
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data science
Neo4j has exceeded USD $200 million in annual recurring revenue, doubling its figure in three years, driven by demand for its graph technology.
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JLL secures significant plot for digital firm in Thailand

Tue, 19th Nov 2024
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investment
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jll
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digital economy
JLL Thailand has brokered a major real estate deal on Bangna-Trat Road, signalling the nation's evolving role as a digital infrastructure hub.
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TRST01 seeks USD $10 million for expansion in ESG tech

Tue, 19th Nov 2024
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supply chain
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clean technologies
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sustainability
TRST01 is seeking to raise USD $10 million in Series A funding to expand its sustainable tech operations amid rising global demand for ESG compliance solutions.
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Tiger Technology targets USD $10M funding for cloud growth

Tue, 19th Nov 2024
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storage
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hybrid cloud
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cloud storage
Tiger Technology is set to secure USD $10M in Series A funding, driven by strong demand for its hybrid cloud data management platform amid soaring data costs.
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Keppel sells data centres in SGD $1.38 billion deal

Tue, 19th Nov 2024
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investment
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divestment
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keppel
Keppel has sold two AI-ready hyperscale data centres in Singapore to Keppel DC REIT for SGD $1.38 billion, marking a major Southeast Asian deal.
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DeepL launches real-time speech translation products

Tue, 19th Nov 2024
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cx
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martech
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captions
DeepL has launched its voice translation solution, DeepL Voice, enabling real-time spoken translations for meetings and conversations across multiple languages.
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Avanade report: mid-market firms embrace AI despite hurdles

Mon, 18th Nov 2024
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data analytics
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digital transformation
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genai
Avanade's new Trendlines report reveals mid-market firms are eager to adopt AI despite facing significant challenges in achieving sustainable success.
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HMC Capital acquires iseek platform for AUD $400 million

Fri, 15th Nov 2024
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hyperscale
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dc
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asx
HMC Capital has acquired data centre platform iseek for AUD $400 million, enhancing its strategy to launch a Global Digital Infrastructure Platform.
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CloudBolt & CloudEagle.ai join forces for SaaS savings

Mon, 11th Nov 2024
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saas
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investment
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cloudbolt
CloudBolt Software has teamed up with CloudEagle.ai to enhance cloud and SaaS management, aiming for increased returns on USD $4 billion investments.