Ledger. Australian venture funding, tracked

Person

Adam Zegelin

Coverage

Stories naming Adam Zegelin. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

2 deals

Canberra software startup Instaclustr is being acquired by Nasdaq-listed US tech giant NetApp

US software company NetApp is buying Canberra data platform Instaclustr in a deal reportedly exceeding $500 million, nine years after its founding, rewarding early backers including ANU Connect Ventures and Bailador.

Startup Daily 8 Apr 2022 InstaclustrANUANU Connect VenturesNetAppSpirit SuperBailador TechnologiesLevel EquityOur Innovation FundAdam ZegelinProf Brian SchmidtDavid KirkDoug StuartJerry SteselPeter Lilley
Funding announcement

NASDAQ giant swoops on Canberra start-up in $500m+ deal

OIF Ventures republishes an AFR report on NetApp buying Canberra data-technology firm Instaclustr for a reported $500 million-plus, covering founder paydays and the fund's returns, including a 20-times outcome on its early backing.

OIF Ventures portfolio 8 Apr 2022 Advanced NavigationANU Connect VenturesArtesian VCAssignarAtlassianBailador Technology InvestmentsBlackpeak CapitalCapital AngelsDoorDashEftsureGo1InstaclustrKasadaLendiMorgan StanleyNetAppOIF VenturesSiteminderSpirit SuperSpotSydney AngelsXM CyberAdam ZegelinDoug StuartJerry SteselPeter Lilley

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