Three local tech companies have tapped investors to raise a combined $20.1 million, with the funds to be put towards shoring up their balance sheets and further developing their products.
Local tech company iWebGate has signed a $US8.6 million ($A11.4 million) funding deal with an entity managed by US-based Lind Partners to help grow its business.
SPECIAL REPORT: Two years on, the surge in ASX backdoor listings shows little sign of slowing, helping innovative technology businesses in Perth, interstate and overseas to raise capital.
Shares in automated teller machine distribution company MyATM Holdings are higher after it announced it will acquire Perth-based cyber security firm iWebgate.
