Australian mobile and digital content developer TigerSpike has joined the lengthening list of Australia digital businesses winning investment from offshore.
TigerSpike is one of the trailblazers in the development of mobile content solutions for the top end of town, launching in 2003 with early clients including Fairfax, News Corp and Telstra.
The company, has until now been largely self funded with initial backing from its founders and directors.
This minority equity financing will go towards accelerating TigerSpike’s international growth plans with a special focus on growth into new markets in the Asia-Pacific.
As part of the agreement, TigerSpike will leverage Aegis’ existing global network as it expands from its existing offices in Sydney, London and New York.
Aegis Group CEO Jerry Buhlmann said he was impressed by TigerSpike’s innovation and technology platform. “The hyper-growth in mobile media adoption globally is creating tremendous opportunities for all organisations to more effectively engage with a growing number of connected users any time, any place, on any device,” he said.
TigerSpike entered the market with an in-house developed, cloud based service delivery platform called Phoenix. The technology allows companies to rapidly deploy content and services across a broad range of personal media devices.
TigerSpike Asia-Pacific managing director Alex Burke said the milestone investment would in addition to aiding international growth plans also expand its product development arm.
“We’re committed to delivering best in class services for our clients, connecting organisations and audiences in a meaningful and relevant way through personal media devices. We are excited to build on our reputation as industry experts as we push the boundaries into new markets. The additional funds will provide the platform for that development," he said.
- Too many SMEs are making this mistake
By Adam Joy
- Taking digitisation out of the ‘too hard’ basket for SMEs
By Jason Brouwers
- The insanity of consumer expectations
By Jason Dooris