Company · Cybersecurity
Every published round FirstWave Cloud Technology took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies FirstWave Cloud Technology has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for FirstWave Cloud Technology, as distinct from the investments it has made.
Companies FirstWave Cloud Technology has backed that another company then bought. An exit for the holding, not a deal FirstWave Cloud Technology did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of FirstWave Cloud Technology is recorded as having been acquired. | ||||
Companies FirstWave Cloud Technology acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Company | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Opmantek | Acquisition | 29 Nov 2021 | $62m | ARN (ARNnet) (Fri 16 Sep 2022), ARN (ARNnet) (Mon 29 Nov 2021) |
| Name | Role | Sources |
|---|---|---|
| Neil Pollock | CEO (former) | ARN (ARNnet) |
| John Grant | Executive Chairman | ARN (ARNnet) |
| John Grant | Chairman | ARN (ARNnet) |
| David Kirton | CEO | ARN (ARNnet) |
| Danny Maher | CEO | ARN (ARNnet) (Fri 23 Feb 2024), ARN (ARNnet) (Fri 16 Sep 2022), ARN (ARNnet) (Mon 29 Nov 2021) |
| Craig Nelson | Chief Revenue Officer | ARN (ARNnet) |
Stories naming FirstWave Cloud Technology. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Activeport, an Australian network automation firm, has locked in a A$3.634m equity placement. Fund manager Antipodes Partners and Scobie Ward joined as backers; MWP Partners followed on. Antipodes now holds about 5.1% voting power.
Newsletter roundup covering Australian raises by Gilmour Space, BlockTexx, FirstWave and Bandicoot, acquisitions of Alumina, Cyanco, Quality Air Equipment and Amentco, plus takeover interest in CSR and Prospa.
FirstWave has agreed to issue $2.5 million in convertible notes to Danish financier Formue Nord, its first Australian investment, taking working capital to $5 million; it also acquired Saisei Networks last year.
Listed cloud security firm FirstWave is buying software provider Opmantek in an all-scrip deal, with Opmantek's chairman becoming FirstWave's CEO.
Also ARN (ARNnet)
Cloud security firm FirstWave Cloud Technology completed a $6.6 million capital raise and opened a share purchase plan for existing shareholders, with its executive chairman outlining milestone-based funding expectations.