IT Brief UK - Technology news for CIOs & IT decision-makers

Investment stories - Page 1

Story image
Keepit secures $50 million to boost global expansion
Last week
#
saas
#
data protection
#
investment
Keepit has secured $50 million in funding to bolster global expansion and innovate its data protection services, raising total funds to $90 million.
Story image
TechWorks unveils strategy to boost UK semiconductor sector
Last week
#
semiconductors
#
digital transformation
#
quantum computing
TechWorks has unveiled a strategic report aimed at revitalising the UK semiconductor industry, targeting USD $100 billion in value over ten years.
Story image
GenAI in action: Transforming APAC business functions to deliver superior customer experiences
Last week
#
digital transformation
#
cx
#
martech
In APAC, the rise of generative AI is reshaping customer experience, with 30% of Indian firms planning major investments in the technology over the next 18 months.
Story image
OfficeMax invests NZD $750,000 in wearable tech upgrade
Last week
#
wearables
#
network infrastructure
#
supply chain & logistics
OfficeMax has invested NZD $750,000 in wearable glove scanning technology to enhance productivity by 20% at its Auckland Distribution Centre.
Story image
Maori-led fund seeks $100 million with Ethereum focus
Last week
#
cryptocurrency
#
fintech
#
blockchain
A Maori-led fintech initiative in New Zealand aims to raise over $100 million in investment with the launch of the Quay Cove Ethereum Growth Fund.
Story image
Databricks raises USD $10 billion, valued at USD $62 billion now
Last week
#
data analytics
#
ai
#
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.
Story image
DigitalX raises USD $15.4m with placement & rights issue
Last week
#
cryptocurrency
#
blockchain
#
bitcoin
DigitalX has raised USD $10.3 million and plans a rights issue to secure another USD $5.09 million, amid strong investor backing ahead of a key meeting.
Story image
The future of CFOs: Five predictions for 2025 and beyond
Last week
#
digital transformation
#
risk & compliance
#
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.
Story image
Vapi secures USD $20 million for AI voice agent expansion
This month
#
customer service
#
investment
#
conversational ai
Voice AI platform Vapi secures USD $20 million in Series A funding, aiming to enhance its voice agent deployment across diverse industries.
Story image
DTE appoints Auður Árnadóttir as new Chief Financial Officer
This month
#
cfo
#
investment
#
job moves
DTE welcomes Auður Árnadóttir as its new Chief Financial Officer, aiming to strengthen its financial strategies amid rapid expansion in the aluminium sector.
Story image
Netacea secures GBP £4 million to combat bot attacks
This month
#
ai
#
cybersecurity
#
investment
Netacea has secured an additional GBP £4 million investment from Mercia Asset Management to enhance its fight against sophisticated bot attacks.
Story image
Bitcoin reaches USD $100,000, joins top global assets list
This month
#
cryptocurrency
#
blockchain
#
bitcoin
Binance Australia's latest report reveals a 39.9% surge in crypto market capitalisation to USD $3.47 trillion, driven by investor optimism and Bitcoin hitting USD $100,000.
Story image
Global data centres optimistic on AI growth despite power concerns
This month
#
ai
#
cleantech
#
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.
Story image
Cohesity becomes largest data protection provider globally
This month
#
data protection
#
genai
#
ai
Cohesity has completed its merger with Veritas' data protection division, becoming the largest global provider in the sector and valued at over USD $7 billion.
Story image
Happydemics raises €13m to expand UK market presence
This month
#
warner bros
#
investment
#
digital advertising
Happydemics has raised €13 million (£10.8 million) in Series B funding to enhance its AI-driven advertising measurement solutions and UK expansion.
Story image
Alteryx appoints Andy MacMillan as new CEO amid AI push
This month
#
martech
#
cdp
#
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.
Story image
Atturra to acquire ComActivity for AUD $9m plus earn-outs
This month
#
digital transformation
#
investment
#
capital raising
Atturra plans to acquire ComActivity for AUD $9 million, boosting its ERP solutions in the manufacturing sector across Australia and New Zealand.
Story image
Indosat empowers Indonesian startups on trip to Sydney
This month
#
investment
#
funding
#
entrepreneurship
Indosat Ooredoo Hutchison has hosted a SheHacks trip to Sydney, aiding five Indonesian women-led startups in connecting with global investors.
Story image
Fresho raises AUD $17 million to enhance AI & expand
This month
#
ai
#
market
#
food
Fresho has completed a Series B funding round, securing AUD $17 million to strengthen its AI capabilities and expand across multiple international markets.
Story image
Boxphish acquires Trillion to boost cyber risk solutions
This month
#
data analytics
#
advanced persistent threat protection
#
risk & compliance
Boxphish has acquired Trillion, a dark web threat intelligence service, enhancing its cybersecurity offerings for organisations facing human-related cyber risks.