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Wasabi Technologies is now a tech unicorn

Cloud storage company Wasabi Technologies has achieved unicorn status following US$250 million in new funding. The firm raised US$125 million in Series D equity led by L2 Point Management with participation from Cedar Pine; an affiliate of Cerberus Capital Management; and returning investors inc...

September 27

Venture capital investors commit into Cloudflare’s US$1.25bn startup fund

Internet company Cloudflare, Inc. (NYSE: NET) has announced a new funding program for startups in partnership with venture capital investors. The Workers Launchpad Funding Program will provide up to US$1.25 billion of financing to startups building applications on Cloudflare Workers, a serverless computing platform that allows developers to build or augment apps without con...

September 27

The Tech Capital featured in the Inside Data Centre Podcast

The Tech Capital has featured in the Inside Data Centre Podcast, a show designed around interviews of the people working in the data centre sector across the globe and their stories. Hosted by Andy Davis, The Tech Capital’s João Marques Lima was invited to take part and share the story behind this platform and provide a snapshot of the state of the market. The two dis...

September 11

Metaverse: A direction of travel rather than a destination?

The Metaverse can perhaps best be described as a direction of travel. A journey several major players in the software field have embarked upon and are in the process of investing very substantial sums of money in bringing into existence. There is some vague agreement about the destination, what the metaverse might be,  but very little detail about how to get there or when...

August 15

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