Australia Leads $45 Million Investment in Data Security Startup

[1] The Australian government initiated a $45 million investment in the cybersecurity firm Bitglass.

[2] The investment is a collaboration with Aussie asset manager,  the Future Fund, and venture capital backers New Enterprise Associates, Norwest Venture Partners, Singtel’s investing subsidiary Innov8, and others.

[3] Bitglass is popularly known as a  cloud security access broker.

[Source] Australian Information Technology News – Australia Leads $45 Million Investment in Data Security Startup