Listed property relocation startup Updater has raised $50 million to finance the acquisition of moving software companies IGC Software and Asset Controls.
The major capital raise follows the company hitting a significant milestone in August, achieving 15 per cent market penetration in the United States.
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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com
