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Jul 07 2021 Leaders from Google, SAS, Immutable and Australian Environmental Lending join to scale growing demand for company’s best-in-class data intelligence platform SYDNEY, July 7, 2021 /PRNewswire/ –  Near, the world’s largest source of intelligence on people and places, today announced the addition of two technology industry veterans to its Australia–New Zealand leadership team. Ed Lowther-Harris joins as Managing Director and David Raitt as General Manager, bringing more than four decades of sales and marketing experience to Near. Headquartered in Sydney, Lowther-Harris and Ra...

Figure marks a 94 per cent discount of $50 million invested by Data Republic.

ASX-listed software security company IXUP is buying Data Republic’s $50 million tech platform for $3m Simon Thomsen - June 7, 2021 2 MIN READ Paul McCarney, co-founder of the failed tech startup Data Republic. ASX-listed data security company IXUP Ltd (ASX:IXU) has scored a software bargain from the administrators of failed tech startup Data Republic, buying the data exchange’s intellectual property and IT for just $3 million. The purchase price represents a 94% discount to the almost $50 million Data Republic spent building the platform. The acquisition came from a rapid-fire, con...

IXUP has paid $3 million for Data Republic, which was part-owned by three major banks, after it spent $50 million over seven years building a data sharing platform.

Data Republic was backed by some of the biggest names in Australia and Singapore, but its co-founder says it ran out of the money needed to keep growing.