ACAC Innovation is proud to announce that Movus, one of our early investments, has received the backing of major venture capital funds, raising $4.8 million from Blackbird Ventures, Telstra Ventures and Atlassian co-founder Scott Farquhar’s private investment fund, Skip Capital.

In less than two years, the company has developed an industrial IoT sensor and software-as-a-service monitoring platform, known as FitMachine.

Congratulations to Brad and the team!

Read the full article here: http://www.afr.com/technology/scott-farquhar-blackbird-ventures-and-telstra-back-industrial-iot-player-movus-20180321-h0xsbc#ixzz5BeF6TjtM