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Sydney’s Phocas sells to Californian tech investor for $500m-plus

Summary by Australian Financial Review
It is a spectacular outcome for Phocas’ founders, who bootstrapped it for nearly 15 years and will share the spoils with only a handful of external investors.

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Australian Financial ReviewAustralian Financial Review
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Sydney’s Phocas sells to Californian tech investor for $500m-plus

It is a spectacular outcome for Phocas’ founders, who bootstrapped it for nearly 15 years and will share the spoils with only a handful of external investors.

·Sydney, Australia
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  • 100% of the sources lean Right
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Australian Financial Review broke the news in Sydney, Australia on Tuesday, June 3, 2025.
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