Exciting to see Ondek is in track for human trials for its revolutionary childhood allergy therapeutic product Immbalance
Even Nobel Prize winners need to tap capital markets occasionally.
Australian physician Barry Marshall, who received the award in 2005 for discovering the bacteria Helicobacter pylori, has raised $3.59 million for his biotechnology company Ondek.
Dymocks Group chairman John Forsyth and Perth-based founder of construction and property company ABN Group, Dale Alcock, were among high-profile investors who tipped into the raise.Read more
Social media ‘influencer’ platform Tribe raises $5.35m for global expansion
Social media marketing start-up Tribe has closed a $5.35 million Series A funding round as it seeks to invest more in its technology and kick-off international expansion plans.
The funding round, which was first flagged by The Australian Financial Review in April, was led by Sydney-based private equity firm Exto Partners.
Exto Partners has been active in the Australian tech start-up scene in recent times, having been part of a $22 million raise by online marketplace Airtasker in June and also investing in commerce app Hey You.Read more
Zetaris joins forces with MapR to focus on redefining digital customer experience
MapR Technologies, Inc., provider of the industry’s only Converged Data Platform, today announced that big data and analytics business software company Zetaris has joined the MapR Converge Partners Program as software partners. Driving innovation at the forefront of the analytics technology field, Zetaris offers business applications that provide deep analytical capabilities and rich customer experiences to a wide range of industries through its own pre-built application mesh and analytical data virtualisation platform.
Zetaris will offer its Alchemist data analytics automation tool and Zetaris Lightning (for Analytical Data virtualisation)with the MapR Converged Data Platform.The Alchemist tool lets business users build analytical workflows that mix and match data operations, algorithms and data sets to produce a diverse range of analytical products. Customers experience rapid development cycles through a set of business application templates (Zetaris BATs) that come pre-configured in the Zetaris Alchemist software. Zetaris Lightning provides a uniform view across different databases and enables SQL access to data regardless of location. Lightning chooses the fastest way to obtain data from each database and then joins data across them.The integration of these technologies with MapR takes rich analytics to the next level with an enhanced layer of security, additional enterprise features, real-time capabilities and reduced time-to-action.
“MapR was the standout choice for Zetaris as our customers will benefit from an industrial-strength Converged Data Platform,” said Vinay Samuel, founder and CEO, Zetaris.
“Combining MapR with our Alchemist and Lightning products fully addresses the complex security, structured, unstructured and latency requirements of enterprise customers. By enhancing our business apps through this unparalleled, enterprise-grade data layer from MapR, our customers can now deploy Zetaris solutions to a much wider set of real-time use cases without the latency and friction we see in Hadoop HDFS deployments. It is a massive differentiator in the marketplace.”
The MapR Converged Data Platform brings together the power of Hadoop and Spark with global event streaming; real-time, top-ranked NoSQL database capabilities; and enterprise storage. The MapR Platform provides the fastest, most reliable, secure and open data infrastructure that dramatically lowers TCO and enables global real-time data applications across cloud and on-premise environments.
“We look forward to working together with Zetaris as they offer a great number of analytics apps for organisations in a wide range of industries,” said Martin Darling, vice president, APJ, MapR Technologies. “Combining their technology with MapR provides our joint customers with truly rich, business applications with high-performance, real-time customer interactions that are production-ready for deployments.”
Initially available in Australia and to be rolled out globally, the MapR and Zetaris combined solution will offer 15 built-in applications, templates and algorithms for eleven industries, such as risk analysis, internal fraud detection and profitability scoring for financial firms.
About the MapR Converge Partners Program
The Converged Partners program is designed to help partners leverage production-ready converged data solutions for enabling their customers’ mission-critical, global real-time applications. Additionally, technology partners can receive product certification through detailed product evaluation and testing, which verifies interoperability with MapR. With a significantly expanded MapR ecosystem to leverage, customers can select certified products and solutions to lower project risks and realize cost savings over custom-built solutions.
About MapR Technologies
MapRenables organizations to create disruptive advantage and long-term value from their data with the industry’s only Converged Data Platform, which delivers distributed processing, real-time analytics, and enterprise-grade requirements across cloud and on-premise environments–while leveraging the significant ongoing development in open source technologies including Spark and Hadoop. Organizations with the most demanding production needs, including sub-second response for fraud prevention, secure and highly available data-driven insights for better healthcare, petabyte analysis for threat detection, and integrated operational and analytic processing for improved customer experiences, run on MapR. A majority of customers achieves payback in fewer than 12 months and realizes
greater than 5X ROI. MapR ensures customer success through world-class professional services and with free on-demand training that over 50,000 developers, data analysts and administrators have used to close the big data skills gap. Amazon, Cisco, Google, HPE, Microsoft, SAP, and Teradata are part of the worldwide MapR partner ecosystem. Investors include Google Capital, Lightspeed Venture Partners, Mayfield Fund, NEA, Qualcomm Ventures and Redpoint Ventures. Connect with MapR on LinkedIn, and Twitter.
Zetaris is changing the way organisations manage, wrangle, join and analyse data. With its Alchemist software, customers can connect to, organise, transform, analyse and visualise data across different data sources without moving it and with minimal need for deep technical skills. Through artificial intelligence, automation, workflow management and analytical data virtualisation, Zetaris enables analytics over data that is disparate and dispersed in many different data stores. It’s a virtualised analytics and automation software solution that dramatically saves time and cost whilst, “Accelerating your analytics”
Over the top of it’s automation tool (Alchemist) and analytical data virtualisation software (Lightning), Zetaris Business App Templates (BATs) are pre-configured software components and data models that provide instant business value as soon as the data is available.
Zetaris is a private Australian software and services company, specialising in big data analysis and information management. Launched for customer validation in 2014, Zetaris’s clients include banks, telcos, retailer and internet companies that need an automated analytics infrastructure platform. Zetaris is funded by Reinventure (Westpac) and Exto Partners.
Zetaris Big Data Reaps Bigger Rewards for Small Business
When a mid-sized Melbourne-based retailer wanted to better understand the drivers and factors that influenced its sales, it turned to a technology more often associated with the big end of town – Big Data.
By analysing its transaction and customer data with publically available data such as economic growth, temperature and population growth, the retailer was able to better understand the impact these variables had on sales. The result – improved forecasting of revenue and margin.
Read the full story at The Australian Business ReviewRead more
Airtasker Partners WIth The Good Guys
The Goods Guys will launch a new platform to make home installations of products sold in its stores across Australia easier, thanks to a partnership with tech company Airtasker.
“We started building it just after mid-way last year,” Airtasker co-founder and chief operating officer Jonathan Lui tells SmartCompany.Read more
Airtasker Shaking Up the Local Labour Market
Entrepreneurs Tim Fung and Jonathan Lui have spent the last four years disrupting the labour market. Their business, Airtasker, is helping people to think outside the boundaries of traditional job categories, revealing new and exciting ways to earn an income.
Co-founded in in 2012 by Tim and Jonathan, the CEO and COO respectively, Airtasker is a digital marketplace where people can outsource everyday tasks, access local services or complete flexible jobs to earn money….
Read the full article at Dynamic Business
Tuned Global Launches Nada Kita in Indonesia
INDONESIA – Mobile engagement firm Tuned Global has launched a free music-streaming app called Nada Kita, partnering with the six largest local independent music labels to bring Indonesian music to consumers. The service offers free unlimited access to local music, allowing labels to monetise their music content through a shared revenue model. Its key selling points are that it is free and uses very little mobile data as compared to the likes of YouTube.
Read more at: http://www.campaignasia.com/article/tuned-global-launches-free-music-app-for-indonesia/427979
Hot Summer Days with BuildingIQ’s Cool Hand of Big Data
Building IQ continues to attract interest – this time from Australian Popular Science
We all know the feeling of walking into an air-conditioned office building on a hot summer’s day. It’s 94º outside. It’s 64º inside. Suddenly, you need a knit sweater just to sit at your desk. (I know someone who used to bring a space heater to work — in August.)
Aside from being uncomfortable, this is horrifically inefficient. The low hum of the air conditioner is the sound of coal being burned and money being spent to make you miserable at work. BuildingIQ is trying to change that. Their weapon of choice? Machine Learning.
Read the full article at Australian Popular Science hereRead more
BuildingIQ acquires core technology from CSIRO
BuildingIQ (ASX: BIQ) today announces the acquisition of core technology, comprised of the OptiCool and ComfortSENSE subsystems and the interface in-between, from the Commonwealth Scientific and Industrial Research Organisation (CSIRO) for approximately AUD$500,000.
Read the entire story at reneweconomy.com.auRead more
NYSERDA to Deploy BuildingIQ’s Predictive Energy Optimization Platform Across 25 Buildings
NEW YORK–(BUSINESS WIRE)–The New York State Energy Research and Development Authority (NYSERDA) today announces its partnership with BuildingIQ (ASX:BIQ) and Energy Solutions to implement a scaled deployment of BuildingIQ’s Predictive Energy OptimizationTM (PEO) platform as part of the Emerging Technology Accelerated Commercialization Commercial-Institutional (ETAC-CI) program. This initiative supports market adoption of energy-saving and load-reduction technologies through high-impact, statewide demonstrations and aligns with Governor Cuomo’s Reforming the Energy Vision (REV) strategy. It offers training and certification on BuildingIQ’s cloud-based PEO platform, as well as up to $20,000 per building for installation. The pilot will run until fall 2017 or until incentive funds expire.
Full article viewable at Business WIreRead more