An AI-based “cloud waste” startup has raised $3 million in pre-Seed funding to help companies save billions on their cloud costs. The round for Optimaze was led by Arconic and The Innovation Club. The Sydney startup is currently in private beta, with a waitlist for preview access to the software. The funding is to expand… Read more »
Quarterly revenue of US$1,384m, up 22% Quarterly subscription revenue of $1,313m, up 23% Quarterly operating loss of $28.5m Atlassian president departs Atlassian generated US$5.2 billion in revenue in the 2025 financial year, up 20% on 12 months ago, but two decades of annual losses continue as the business heads into its 24th year. Releasing stronger-than-expected… Read more »
Early stage investment company Antler Australia recently backed a new cohort of startups as part of its ongoing program to build great local tech companies. Startup Daily is sharing the details of each venture in the “Antler Investor Memos” series, which is designed to give you a quick, sharp understanding of the startups and people… Read more »
Amid an ongoing cost-cutting effort, Twitter has now refused to pay the bills to renew its multi-year contract with Google Cloud, Platformer has reported. We’ve all heard of “the cloud” – but what does it have to do with Twitter? And more to the point, what will the consequences be for Twitter users if Google… Read more »
Finding trustworthy partners is key to any startup success, as Nicco Global founder and CEO Richelle Nicols has discovered. Working out who you should do business with in the early days is fraught with emotion and the knowledge that if you stuff it up, you’re putting your startup at risk. It’s a feeling Richelle Nicols… Read more »
A Sydney edtech startup helping people unlock the power of cloud software has raised $1.3 million in a seed round. The raise for Saasguru was led by Sydney VC Square Peg, with support from Black Nova and comes just six months after the venture was formed . Co-founders Amit Choudhary and Atif Saad developed their… Read more »
You may not realise it, but your cloud platform plays a crucial part in scaling your business and attracting funding. Here’s a typical scenario: Your development team is missing deadlines for new product features or paid feature requests because they’re constantly getting pulled away from development to put out operational fires on your cloud platform.… Read more »
US technology workforce development company Pluralsight has closed its acquisition deal for online learning startup A Cloud Guru. The $2 billion deal for the London-based startup, which began life in 2015 in a Melbourne bedroom as the vision of brothers Sam and Ryan Kroonenburg, is one of Australia’s biggest M&A tech deals. Sam, the company’s CEO,… Read more »
The forced closure of customer contact centres during the coronavirus pandemic delivered a silver lining for Cloudwave, which has raised $2m in a series A to expand into Asia and the US. The oversubscribed $2m round was led by Moelis Investment Bank, supported by Singapore-based VC fund Vulpes Investment Management. The cloud-based Software-as-a-Service (SaaS) startup… Read more »
Australian design giant Canva has cracked the top 10 for the first time in the annual Forbes Cloud 100 list, which rank the world’s top private cloud companies. Canva came in at no. 7, with Melbourne fintech Airwallex at 61 and employee experience platform Culture Amp at 80, as the three Australian cloud-based tech startups to make… Read more »
The National Australia Bank has signed a five-year deal with Microsoft enlisting the software giant’s cloud technology, Microsoft Azure, to co-design and develop the bank’s tech as the Big Four behemoth looks to catch the digital neobanks eating into its customer base. The partnership will see NAB Group, which includes BNZ, and Microsoft share development… Read more »
MYOB CEO Tim Reed took the opportunity to praise the brand’s community of accountants and bookkeepers for their unwavering support of small business at the keynote opening address at MYOB Partner Connect in Melbourne.
With today’s telecommuting technologies packing more smarts and speed than ever, it’s a good time to be a mobile SMB professional.
Cloud computing has done away with old, often-convoluted ways of storing data and managing workflows for small and large businesses alike.
Fintech app Finch has raised $2.25 million in seed funding to grow out its team, further its product development, and accelerate customer acquisition.
Daily startup news and insights, delivered to your inbox.
