DroneShield (TechBUZZ ’14 Summer) Completes First Successful Tech IPO in Australia

US-based DroneShield began trading on the ASX on Wednesday morning after raising $7 million through the IPO, giving it a market capitalisation of $27 million.

“We’ve done the work, we’ve raised the money we wanted to raise, we’re oversubscribed and we’ve had to significantly scale-back.

“It feels good – we’ve raised the money we need to grow the business.”