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Legal automation platform Josef secures $5.2 million to expand overseas presence

Josef, a Melbournebased provider of legal software, has secured a $5.2 million investment round from investors including OIF Ventures. The most recent

Josef, a Melbournebased provider of legal software, has secured a $5.2 million investment round from investors including OIF Ventures. The most recent financial infusion will be utilised to increase client acquisition for the business, especially for inhouse legal teams. Josef already works with companies like Who Gives A Crap, Nutanix, CoreLogic, and Bupa. According to a survey conducted by OIF Ventures and Carthona Capital, 59% of private businesses are increasing their use of technology as a result of COVID19. The study was conducted for Josef, a Londonbased company that specialises in digital legal services, and it includes the experiences of 156 inhouse attorneys and 670 lawyers in private practise. Read More..

B2B Tech News | 3 years ago          

Helping companies build and train computer vision AI faster through automation

V7, a firm based in London, has raised $33 million in a Series A fundraising round that will enable it to quadruple the size of its workforce and furt

V7, a firm based in London, has raised $33 million in a Series A fundraising round that will enable it to quadruple the size of its workforce and further develop in the US market. Unnamed employees from OpenAI, Twitter, and Amazon participated in the round, which was coled by Radical Ventures and Temasek. The use cases for V7s solution include robotic waste sorting, driverless driving, and applications that could save lives. Read More..

B2B Tech News | 3 years ago          

Indonesian company Ajaib lays off 8% of its workforce

Ajaib, an Indonesian investing platform, has laid off 67 workers, or 8% of its total workforce. Affected employees will get severance pay in addition

Ajaib, an Indonesian investing platform, has laid off 67 workers, or 8% of its total workforce. Affected employees will get severance pay in addition to an annual service bonus of one extra months pay. Ajaib has also chosen to voluntarily lower managerial pay and forgo cofounders salary as a further measure. The announcement follows other layoffs that have affected Indonesias startup ecosystem this month. GoTo Group, a tech giant, laid off 1,300 workers in addition to the macroeconomic recession. Read More..

B2B Tech News | 3 years ago          

Amie landed $7 million for her authoritative calendar and todo app

The business is constructing a productivity tool centred on your calendar. It enables you to manage your forthcoming chores, connect with your team, a

The business is constructing a productivity tool centred on your calendar. It enables you to manage your forthcoming chores, connect with your team, and remain on top of your schedule. The newest crop of calendar startups, such as Vimcal, Magical, Fantastical, Cron, and Rise, compete with Amie. Amie includes social and multiplayer elements as well. Every week, the company adds new users, and it intends to go public in 2023. Users must join a waitlist if they wish to test out Amie. Read More..

B2B Tech News | 3 years ago          

Child Online Safety Act May Harm Minors, Civil Society Groups Warn Lawmakers

In a statement on Monday, dozens of civil society organisations asked lawmakers not to enact a plan that would shield kids from danger online. The leg

In a statement on Monday, dozens of civil society organisations asked lawmakers not to enact a plan that would shield kids from danger online. The legislation would impose obligations on websites that are likely to be visited by children, requiring them to behave in the best interests of visitors who are 16 years old or less. Additionally, parents would need methods to monitor the time their children spend on particular websites. Online providers would have to prevent injuries to children under KOSA. Websites would need to inform their young users when parental controls are active. Read More..

B2B Tech News | 3 years ago          

Finastra reaffirms its commitment to growth in AsiaPacific with its center of excellence

Finastra has announced the establishment of a new Center of Excellence COE at MRANTI Technology Park in Bukit Jalil, Kuala Lumpur, Malaysia. MRanti is

Finastra has announced the establishment of a new Center of Excellence COE at MRANTI Technology Park in Bukit Jalil, Kuala Lumpur, Malaysia. MRanti is a centre for technological advancement, commercialization, and scientific excellence. Finastras Lending, Universal Banking, Payments, and Treasury & Capital Markets software solutions will be promoted by the new COE throughout the region. Finastra has established an Excellence Center in Kuala Lumpur, Malaysia. MRANTIs vision is to serve as a connector, incubator, and catalyst for ideas from concept to impact. Vista Equity Partners, Finastras investor, supports the move. Read More..

B2B Tech News | 3 years ago          

APRA steps up investigation into Medibank after major cyberattack

The Australian Prudential Regulation Authority APRA has increased the level of oversight it provides to Medibank, a private health insurance. This com

The Australian Prudential Regulation Authority APRA has increased the level of oversight it provides to Medibank, a private health insurance. This comes after a cyberattack in which the private information of 9.7 million users in Australia was stolen. A data breach that has affected 10 million present and former Optus customers is also being investigated by APRA. Banks, insurers, and superannuation funds are the targets of a cybercrime campaign launched by the Australian Prudential Regulatory Authority APRA. One report of a cyberattack occurs every eight minutes as a result of the increase in cybercrime reporting. Just weeks after the Medibank data hack, APRA launched a crackdown. Read More..

B2B Tech News | 3 years ago          

Now a different leadership is needed BOQ part ways with CEO George Frazis

Today, Bank of Queensland stated that it had parted ways with managing director and CEO George Frazis. A replacement top executive has already been id

Today, Bank of Queensland stated that it had parted ways with managing director and CEO George Frazis. A replacement top executive has already been identified, according to the company. Prior to his three years at BOQ, Frazis spent a decade in top positions at the Westpac Group ASX WBC, serving as CEO of the subsidiary St George Banking Group and Westpac New Zealand, as well as chief executive of Westpacs Consumer Bank, which generates the majority of the groups revenue. Jon Sutton, who stepped down as CEO of BOQ in December 2018 to focus on his longterm health following a triple heart bypass, was replaced by Frazis. Read More..

B2B Tech News | 3 years ago          



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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