Ellerston Capital has taken a minority stake in digital identity and verification player Data Zoo in a deal that values the Sydney-founded business north of $100 million.
Founded by accountant-turned-entrepreneur Tony Fitzgibbon in 2011, Data Zoo had never taken on external funding before it raised $US22.5 million ($34 million) from Ellerston Capital.
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Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com
