Monday, May 23, 2022

Ex-Adobe executive Tania Garrett joins Unit4 as Chief People Officer

Unit4, a player in enterprise cloud applications for people-centric firms, announced the hire of Tania Garrett as Chief People Officer. Tania will oversee the firm’s people success function where she will be responsible for talent acquisition, learning & development, compensation & benefits, and regional HR field teams. Tania will report to Mike Ettling, CEO, Unit4.

As ad revenue moves to connected television, fraud schemes spike 70%

DoubleVerify (DV), a software platform for digital media measurement, data and analytics, released its 2022 Global Insights Report, analysing media quality and performance trends from more than one trillion impressions delivered across over 2,100 brands in 80 markets. This fifth year anniversary report explores how far the industry has come since 2017.

CyberArk Ventures readies $30m to Fuel innovative cybersecurity tech

CyberArk, a player in Identity Security, announced the launch of CyberArk Ventures – a $30 million global investment fund designed to empower the next generation of disruptors solving complex security challenges with innovative technology. CyberArk has initially aligned with four Venture Capital investors: Venrock, YL Ventures, Team8 Capital and Merlin Ventures.

NSW Gov’t and Thoughtworks to deliver digital birth certificates

Thoughtworks, a global tech consultancy that integrates strategy, design and engineering to drive digital innovation, has been selected by the NSW Gov't to develop and deploy the first digital birth certificate which will provide citizens with secure, anytime, anywhere access.

Navii offers $3m in digital support tools through gov’t-backed program

Navii is giving away over $3m in digital support tools for SMBs through a new gov't-backed Digital Launch Pad Program, with 12 months of expert support and coaching available to 500 SMBs. Navii is also putting over 10,000 digital tools and course packages up for grabs. SMEs are invited to share their digital journey so far, including why they need support, to be in with a chance of securing Navii’s Digital Launch Pad Program valued at over $1,200 per applicant.

Australian used car platform Carma secures A$75m Series A funding

Australian online used car platform, Carma, announced it had completed a US$52m (A$75m) Series A funding round, led by General Catalyst Partners and Tiger Global. Carma previously secured the largest seed round in Australian history, with US$20m (approx. A$28m) from Tiger Global in March 2021. The company has now raised over A$100m in funding. Carma’s used car sales have been growing quickly since providing early access to Sydney clients in late 2021. The capital raise will accelerate its growth, and building the team, growing used car inventory and establishing reconditioning operations in Melbourne and Brisbane.

SMEs turn to investment to drive growth and navigate headwinds

Australia’s SMEs are increasingly seeking alternative funding that doesn’t tie up their personal assets, as they drive growth while navigating ongoing supply chain and recruitment mishaps. The latest annual SME Compass Report by fintech SME lender Banjo Loans, found SMBs have a big appetite for borrowing to fund growth, but they struggle to get their hands on it. When they do, it powers exponential expansion. The study found that 30% of respondents exceeded their revenue target in the past 12 months, up from 25% the previous year. 

TrueLayer teams up with as CDR expands to open finance

0, the player in Australian Consumer Data Right (CDR) compliance, has successfully supported global open banking player TrueLayer to de-risk and accelerate its journey to becoming an active Accredited Data Recipient (ADR) in Australia.

76% of Aussie senior leaders plan to leave their business in next two years

According to a report by KellyOCG, the outsourcing and consulting business of Kelly. Over three quarters of Australian senior executives say they are planning to leave their firms in the next two years, which is higher than the global average. The second annual KellyOCG Global Workforce Report – Re:work, surveyed 1,000 senior business leaders in 12 countries to understand the talent challenges and risks facing firms as they emerge from the pandemic. 

Australia’s Skin Elements plots to disrupt the global disinfectant market

Executive Chairman of Perth-based company Skin Elements Peter Malone said it is vital that people continue to disinfect surfaces and keep homes and workplaces clean, and it’s essential they use a product that is not only able to kill off COVID-19, but is also safe in all settings.