VCs commit $5.2m to Australian big data start-up Instaclustr
Sydney-listed growth-stage investor Bailador Technology Investments has led a A$7 million ($5.2 million) funding round for domestic IT company Instaclustr alongside two domestic VCs.
Bailador contributed A$4 million to the investment, with a further A$2 million coming from Our Innovation Fund and existing backer ANU Connect Ventures. The balance of A$1 million was supplied by unnamed...
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