Menu
MyWave uses $4 million capital to grow software team

MyWave uses $4 million capital to grow software team

Tech startup will double its software development team.

Tech startup, MyWave, will be using the $4 million it achieved through capital raising to expand its Melbourne-based software development hub.

The company, which was formed in 2013 by former SAP Australia and North America CEO, Geraldine McBride, plans to double the size of its software development team from 20 to 40 by the end of the year.

McBride said the new capital will be largely devoted to increasing software development resources, but will also fund appointments and partnerships to build sales and implementation resources in the USA and UK required to support new sales currently underway.

MyWave developed an intelligent personal assistant called Frank. Users own and control their personal data, which is kept securely within MyWave’s personal cloud platform.

New Zealand’s Saveawatt, will go live next year with a world-first service using Frank to help households find the best power price and switch providers without filling in forms and having to constantly check the best electricity deals.

Analyst firm, Gartner predicts that by 2016, more than $US2 billion of online shopping will be done through mobile personal assistants.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags tech startupspersonal assistantMyWaveGeraldine McBride

Events

Featured

Slideshows

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners

This year’s Reseller News 30 Under 30 Tech Awards were held as an integral part of the first entirely virtual Emerging Leaders​ forum, an annual event dedicated to identifying, educating and showcasing the New Zealand technology market’s rising stars. The 30 Under 30 Tech Awards 2020 recognised the outstanding achievements and business excellence of 30 talented individuals​, across both young leaders and those just starting out. In this slideshow, Reseller News honours this year's winners and captures their thoughts about how their ideas of leadership have changed over time.​

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners
Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security

Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security

This exclusive Reseller News Exchange event in Auckland explored the challenges facing the partner community on the cloud security frontier, as well as market trends, customer priorities and how the channel can capitalise on the opportunities available. In association with Arrow, Bitdefender, Exclusive Networks, Fortinet and Palo Alto Networks. Photos by Gino Demeer.

Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security
Reseller News welcomes industry figures at 2020 Hall of Fame lunch

Reseller News welcomes industry figures at 2020 Hall of Fame lunch

Reseller News welcomed 2019 inductees - Leanne Buer, Ross Jenkins and Terry Dunn - to the fourth running of the Reseller News Hall of Fame lunch, held at the French Cafe in Auckland. The inductees discussed the changing face of the IT channel ecosystem in New Zealand and what it means to be a Reseller News Hall of Fame inductee. Photos by Gino Demeer.

Reseller News welcomes industry figures at 2020 Hall of Fame lunch
Show Comments