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DesignCrowd has raised $6 million in a Series B funding round led by a...

Design crowdsourcing platform DesignCrowd recently announced that it has closed a new $6 million Series B capital raising. The round has been led by new...

Aussie start-up success Nitro has secured $15 million from US VC firm Battery Ventures

Australian start-up success story and leading document productivity company, Nitro has secured US$15 million in funding (Series B round) from top tier US venture...

Australian crowdsourcing start-up DesignCrowd has hit $20 million in sales and is expanding to...

Sydney-based crowdsourcing marketplace DesignCrowd recently hit a remarkable milestone of $20 million worth of payments to its designers. Now the most astonishing bit is that...

A new Springboard for Australian female entrepreneurs

Since 2000, the American nonprofit has helped 503 women-led companies raise more than $5.5 billion in equity financing, including 10 IPOs. Eight of the companies are listed on the Nasdaq, two on the Tel Aviv Stock Exchange, and 26% merged, acquired or were acquired. Of the companies, 82% are still in business, generating $4 billion in revenues and creating thousands of jobs.

Just how big is crowdsourcing? And when?

Crowdsourcing – or involving multitudes of people in a project – is not as new as many might think. For decades, much before the Internet came into being, The Oxford English Dictionary was driven by thousands of people writing in with word suggestions, etymology, usage and more. In more recent times, the human genome project used crowdsourcing, and leveraged the computing power of thousands.

New accelerator gives the keys to success to five Aussie startups

Ignition Labs, an ATP Innovations-backed clean technology accelerator, is giving a much-needed jumpstart to some of Australia’s newest, cleanest startups. The five teams chosen will join the 50 companies and over 300 staffers already in the ATP Innovations incubator. Each team accepted to the accelerator will be given three months to build a business plan, validate technology, and produce a working prototype. Did I mention that each startup accepted into the program is given $25,000 in seed capital?

NICTA’s Scalify gets a $2 million jump in bid to juice up the gaming...

Outside gaming, NICTA’s technology can be used to improve the delivery of gaming and virtual environments that are increasingly being used for online learning and training. It also can be used for telemedicine programs that involve exchanging large datasets and for bandwidth-intensive data like3D scans and x-rays.

Why start-ups fail: a roundtable discussion on venture capital in Australia [PODCAST]

How great of a challenge do Australian entrepreneurs face in trying to set up their own businesses? You won't want to miss this special edition podcast, featuring eight (count 'em, eight!) influential investors and start-up specialists and their insights on promoting a healthy venture capital industry in Australia.

Australian crowdsourcing start-up DesignCrowd receives $3 million

The Australian venture capital firm Starfish Ventures has invested $3 million in DesignCrowd, according to a media release dispatched on Thursday. The Australian start-up, a design crowdsourcing community with more than 40,000 registered graphic designers, plans to use the new investment to launch two new services in 2012 and to expand its client base outside Australia.

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