This Month
Australia’s app economy adds 20,000 jobs
Job postings also show that Bankwest, Commonwealth Bank, Zip, CBRE, Nine and Accenture are all on the hunt for more software engineers.
- Natasha Gillezeau
Outgoing Steinert further boosts Stockland data
The country’s largest diversified developer says data is the new oil and wants to secure its supply of it.
- Michael Bleby
February
The Young Rich Lister who’s also won Magician of the Year
In developer circles he’s known as Magic Keith. To the rest of Australia, he’s the extremely successful creator of software company Buildkite.
- Updated
- Philippa Coates
Canva buys European design startups to fuel growth
Canva, the most valuable technology startup in Australia, acquired two European companies as the online design platform doubles down on visual communications tools.
- Yoolim Lee
Cash Seek-er: Employment Hero seals funding round
ASX-listed employment marketplaces giant Seek Limited has tripled down on its investment in human resources software provider Employment Hero Australia.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
- Exclusive
- Fintech
Fintech funding start-up banks $12.5m before IPO
Butn, a three-year-old fintech founded by a 38-year-old serial entrepreneur and a 74-year-old banker, plans to go public after closing a fresh funding round.
- Paul Smith
- Exclusive
- Mergers & acquisitions
AirTree, Blackbird score from $US15m Elevio acquisition
Customer support software start-up Elevio has netted Airtree and Blackbird a 3.5 time return after it was acquired by a Danish company for $US15 million.
- Yolanda Redrup
- Exclusive
- Ethical investing
Nevhouse Invest was likely insolvent owing millions to former CEO
A consult’s draft report raised solvency issues around the Singaporean business, which failed to build prefabricated homes and was unable to pay its accrued debts.
- Carrie LaFrenz
Newcastle-based software start-up Coassemble raises $1.5m
Coassemble, a Newcastle-based software startup that aspires to make the look and feel of online learning sexier, has raised $1.5 million to grow its customer base.
- Natasha Gillezeau
The dating app CEO who wants users to swipe less and love more
Forget mindless swiping through faces of the hopeful, the founder of the fastest-growing dating app, Hinge, wants you to uninstall the app as soon as possible.
- Natasha Gillezeau
Crypto investors vindicated for faith, as super funds wait
After years of keeping the faith, Apollo Capital had one of its best quarters ever, with 62.3 per cent growth for the December quarter.
- Yolanda Redrup
- Exclusive
- Funding
Online marketing platform Tribe reveals IPO plans after funding round
The online influencer marketing platform has been growing rapidly as brands look for fresh content for online ads.
- Paul Smith
Bumble’s 31-year-old CEO joins the exclusive female billionaires’ club
Whitney Wolfe Herd capitalised on an underserved market and built a multibillion-dollar company that was in a sense born from one of the most vexing obstacles to women entrepreneurs: sexual harassment.
- Updated
- Devon Pendleton and Ben Stupples
Proptech start-up projects big plans from building stimulus
The raft of federal and state government stimulus payments is creating opportunities for companies changing a very traditional business.
- Michael Bleby
- Exclusive
- Retail
How a cleaning product company became a $40m viral hit
In three years Koh’s revenue has jumped to $40 million from $2 million thanks largely to its successful social media strategy.
- Yolanda Redrup
- Exclusive
- Venture capital
Trade Ledger scores $24 million from US and UK VCs
Steve Cohen’s Point72Ventures and DocuSign founder Court Lorenzini are two of the major backers in Trade Ledger’s latest capital raise.
- Yolanda Redrup
- Exclusive
- Venture capital
HostPlus doubles down on VC as Blackbird fund hits $652m
Although the $50 billion industry fund lost $3 billion to the early-release super scheme, it sees more illiquid early-stage technology investments in its future.
- Michael Bailey
- Exclusive
- Funding
DesignCrowd pivots as its Canva rival takes off
The Australian online design marketplace has recently raised $10 million, which will be particularly concentrated on feeding its BrandCrowd product.
- Paul Smith
- Exclusive
- Funding
‘Xero for compliance’ platform 6clicks bags $5m
A regtech start-up founded by former KPMG consultants has signed up clients like BDO and King & Wood Mallesons, despite launching just before COVID-19.
- Yolanda Redrup
- Exclusive
- Cyber security
Furniture start-up Koala in major online data spill
About 400 million records relating to Koala’s logistics system and the audit platform for its website were freely available on the internet.
- Max Mason
