The Telstra-backed cloud computing optimisation platform has brought in $30m in a round led by ST Telemedia that took its total funding to $140m.
Instart Logic, a US-based cloud computing optimisation platform backed by telecommunications firm Telstra, has closed a $30m funding round led by ST Telemedia, a subsidiary of Singapore state-owned investment firm Temasek.
Instart Logic has developed an artificial intelligence-powered, cloud-based digital experience platform that performs numerous functions for businesses including performance and image optimisation, bot management, digital advertising and analytics.
The company said the round boosted its total equity financing to $140m, and the proceeds will be used to continue development…
