Xero raises $140 million to fund growth; Pub session leads to Class idea; Sydney co-working space rebrands to attract founders under 28

HOME | ADVERTISE | CONTACT US Dear StartupSmart reader, New Zealand cloud accounting software company Xero has announced a $140 million capital raise from American venture capital firms Accel Partners and Matrix Capital Management. About halfway through the 2014 AngelCube program, Sam Lee and Mark Robinson realised their startup idea wasn’t viable. So they headed to the pub and started again, creating mobile hotel booking app Class. Explainer: Australia’s ‘three strikes’ plan to curb illegal downloads. With more health information going online every day, it has never been easier to proactively manage our health. The problem is, the people who would benefit the most seem to be using it the least. Australian startups should more readily form partnerships with other companies in order to keep focusing on what they do best, according to the chair of streaming service Moshcam. Sydney will soon see a co-working space dedicated to people under the age of 28. Kiwi personal jetpack company’s share price lifts off after ASX debut. Getting your startup listed on Product Hunt is incredibly difficult but there are a few ways to increase your chances of success, according to the founder of Speedlancer. Are you making these five common website mistakes? Kye White, Editor Xero raises $140 million to fund US and UK growth by Kye White New Zealand cloud accounting software company Xero has announced a capital raise from American venture capital firms Accel Partners and Matrix Capital Management. VIEW ALL NEWS Sydney co-working space rebrands to attract entrepreneurs under 28 by Broede Carmody Sydney will soon see a co-working space dedicated to people under the age of 28. Work out your core skills and let partnerships help you grow, says Moshcam chair by Broede Carmody Australian startups should more readily form partnerships with other companies in order to keep focusing on what they do best, according to the chair of streaming service Moshcam. Dr Google can improve older people’s health – if we bridge the technology gap by David Tuffley and Amy Antonio With more health information going online every day, it has never been easier to proactively manage our health. The problem is, the people who would benefit the most seem to be using it the least. Pub session leads to Class idea by Kye White About halfway through the 2014 AngelCube program, Sam Lee and Mark Robinson realised their startup idea wasn’t viable. THE NEWS WRAP: Apple ordered to pay more than $500 million in damages by Broede Carmody Apple has been ordered to pay $US532.9 million ($A670m) after a federal jury found its iTunes software infringed the rights of patent licensing company Smartflash. READ MORE Explainer: Australia’s ‘three strikes’ plan to curb illegal downloads by Andrew Storrier Following last week’s release of a draft “three strikes” scheme by Australian ISP and telecommunications industry body Communications Alliance, the issue of online copyright infringement is again up for debate. READ MORE Kiwi personal jetpack company’s share price lifts off after ASX debut by Eloise Keating New Zealand company Martin Aircraft had Australian investors thinking about the many ways they could use a personal jetpack when it debuted on the Australian Securities Exchange yesterday. READ MORE Are you making these five common website mistakes? by Vanessa Emilio Have you set up your website business but don’t seem to have the sales or conversions you thought you should? Do you wonder what makes people buy from other sites? READ MORE Getting your startup listed on Product Hunt: Tips from Speedlancer founder Adam Stone by Broede Carmody Getting your startup listed on Product Hunt is incredibly difficult but there are a few ways to increase your chances of success, according to the founder of Speedlancer. READ MORE