[ DataRepublic, Sydney Startup, Raises $7.58 million in Series A ]
Data Republic has announced it has raised a $7.58 million in a Series A round from Qantas Loyalty, National Australia Bank’s NAB Ventures, and Westpac’s Reinventure Fund. All three of the new investors will become strategic partners for Data Republic, which enables companies and government organisations to exchange data in a secure environment.
Founded in 2014 and launched last year, Data Republic has created a platform that allows for companies to securely share data with each other and other users, who are able to submit requests for access to specific data along with what it will be used for.
The new funds will enable them to expand into the USA later this year.
|City||New South Wales|
|Founder / CEO||Paul McCarney|
|Westpac’s ReInventure Fund|