by Michael Bailey, Deputy Editor BRW via www.brw.com.au
Rezdy co-founder Simon Lenoir held out for 12 months for an Australian venture capitalist against a barrage of US interest, and he’s finally found one in the form of former Fairfax CEO David Kirk, whose Bailador Technology Investments has led a $3 million Series A round for the tour & activity bookings software startup.
David Kirk, partner at Bailador Technology Investments, insists Rezdy has been on his radar for a while. “Rezdy is a business that we have watched develop over the past three years.We have confidence that Simon and his team have ‘cracked the code’ to execute in this extremely attractive $30 billion global market,” says Kirk, who will become chair of Rezdy.
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Two of Bailador’s portfolio companies have been named as top Aussie start-ups credited with leading online innovation in an article by CIO.
Open source data platform firm Instaclustr has closed a $7m investment round led by Bailador Technology Investments, the firm founded by ex-Fairfax chief David Kirk.
Paul Smith in the Australian Financial Review interviews Grant Straker of Straker Translations about their recent acquisitions and plans for a 2017 ASX IPO.