Two Bailador Investments Ranked in Deloitte Technology Fast 50 Top Ten
Bailador Technology Investments (ASX: BTI) is celebrating this week with two of its investments being ranked in the top 10 of the prestigious Deloitte Technology Fast 50. With open source data platform, Instaclustr, ranked fifth and disruptive furniture brand, Brosa, ranked ninth, it’s been a big year for Bailador’s portfolio.
The Deloitte Technology Fast 50 awards is a program that recognises and profiles Australian technology companies that have achieved the fastest rates of annual revenue growth over the last three years.
Bailador Co-founder and Managing Partner, David Kirk, talks about the success of both companies, “It’s been a tremendously rewarding 12 months for both Instaclustr and Brosa. Having two companies in our portfolio that ranked amongst the top ten companies in the Deloitte Technology Fast 50 is a testament to the quality of the management teams we’ve backed and to the team here at Bailador.”
“We pride ourselves on identifying and investing in growth stage tech companies with the most potential to perform, and it’s fantastic that our investments are receiving recognition for their achievements from the likes of Deloitte.”
Brosa, Bailador’s most recent investment, uses a suite of proprietary e-commerce technologies to create a unique customer buying experience, disrupting the notoriously slow-moving AUD$13 billion traditional furniture retail industry.
Instaclustr is an open source data platform that addresses the data management needs of companies with significant amounts of data, delivering reliability at scale. It enables companies to outsource the mission critical data management function so they can focus on building their cutting edge applications. Instaclustr’s clients include Atlassian, Sonos, Adstage and Campaign Monitor. It also partners with systems integrators, such as Accenture and IBM to address the data management needs of the global enterprise market.
Bailador first invested in Instaclustr in November 2016, with a small follow-on in March 2017. Brosa secured $5 million in investment in a round led by Bailador in October of this year.
-ENDS-
For more information or the opportunity to interview David Kirk, please contact James Galvin at james@brightus.com.au or on +61(0)437 071 121 or Dan Stewart at dan@brightus.com.au or on +61(0)450 008 034.
About Bailador Technology Investments (ASX:BTI)
BTI is an expansion capital fund focused on the information technology sector in Australasia. BTI invests through minority positions in private companies that have a proven business model, established revenue base and excellent growth prospects. BTI works closely with management and founders to support execution and expansion. BTI listed on the ASX in November 2014 (ASX:BTI).
About Instaclustr
Instaclustr is an open source data platform for cloud-based solutions that require immense scale, providing enterprise support and managed solutions for technologies such as Apache Cassandra, ScyllaDB, Elasticsearch, Apache Spark, Apache Zeppelin, Kibana and Apache Lucene.
About Brosa
Launched in early 2014, Brosa is a Melbourne-based disruptive furniture brand transforming the way people purchase unique designer pieces for the home. Brosa was created after its founders discovered there was no easy and affordable way to purchase premium furniture. Unlike most other retailers, Brosa’s vertically-integrated model and digital first approach means it manages and controls the entire supply chain from design to delivery using powerful technology to create an effortless experience for customers.