Investment stories - Page 27

The Australian Government has announced an investment of $9.9 billion to increase the country's intelligence and cybersecurity capabilities.

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.

Main Capital Partners has acquired a majority stake in InnoValor, the creator of ReadID - a global, mobile identity verification software provider using NFC.

Private UK fundraising in the virtual reality sector hit a record high, with over £150m raised this year, a 72% increase from 2020.

CrowdStrike launches Falcon Fund II, a $100 million investment vehicle in partnership with Accel, focused on cybersecurity and adjacent markets.

A new diagnostic intelligence solution - SOTI XSight - has been launched which rapidly resolves app and mobile device issues.

vFunction launches Application Transformation Engine to enable automatic modernisation and migration process. Raises $26m in funding.

Virsec raises $100m in Series C funding from industry players and company builders, bringing total funding to $137m.

ExtraHop, a leading player in network detection and response, is set to be acquired by Bain Capital and Crosspoint Capital in a $900m deal.

Octopus Deploy secures $172.5m investment from Insight Partners, its first outside funding after eight years of organic growth and profitability.

Over half of IT security decision-makers plan to increase security budgets, but 37% of proposals for cybersecurity investment are turned down.

Australian-based company 6clicks secures A$5 million in capital raise for rapid global expansion, bringing total investment to A$7.7 million.

EQT Infrastructure will continue to operate EdgeConneX with plans to pursue 'aggressive' growth in existing and new markets worldwide.

WhiteHawk Limited has been awarded a fiscal 2021 option extension of US$1.5 million (A$2.1M) under an existing seven-year contract.

Businesses worldwide have increased their IT spend this year due to the COVID-19 pandemic, leading to new concerns around IT budgets and cost control.

Exxon Mobil – the largest United States oil and gas company – suffered the hardest hit, losing a market cap of US$82.02 billion in the last six months.

The US and China see total investment values drop year-on-year, but the UK records a rise in investment into British tech companies.

The global data centre construction industry is shifting towards liquid cooling to support AI and big data, aiming for efficiency and reduced emissions.

Check Point researchers reveal intricate email scam by Chinese hackers, stealing USD $1 million meant for an Israeli startup from a Chinese VC firm.

The Philippines is emerging as a hotspot for ICT investment, with approved foreign investments hitting USD $4.7 billion, marking a 613% surge.