LiveTiles
From Wikipedia, the free encyclopedia
 | |
Type of site | Public |
|---|---|
| Traded as | ASX: LVT |
| Founded | 2014 |
| Headquarters | Melbourne, Australia |
| Founders |
|
| CEO | David Vander |
| Industry | Software |
| URL | www |
LiveTiles is an intranet and digital workplace software company founded in 2014. The company develops cloud-based digital workplace software for the commercial, government and education markets.
Since December 2023, LiveTiles has been managed by receivers KordaMentha.[1][2]
The company is headquartered in Melbourne, and has offices in Sligo, Vejle, Porto, and Sydney.[3]
LiveTiles was founded in Australia[4] by Karl Redenbach[5] and Peter Nguyen-Brown,[6] following the sale of their IT consultancy nSynergy to Rhipe in 2014.[5] In 2015 it became listed on the Australian Securities Exchange after its reverse acquisition of coal company Modun Resources Limited,[7][8] with an initial IPO of A$57 million.[9]
In 2017, the company raised A$12 million in equity financing through a share purchase plan.[10][11]
In May 2018, LiveTiles acquired US based Microsoft AI firm Hyperfish for A$8.9 million.[12][13]
In February 2019, LiveTiles acquired Danish digital workplace software company Wizdom for a maximum total purchase price of EUR 30 million (approximately A$47.6 million).[14][15]
In November 2019, LiveTiles acquired Swiss intranet provider CYCL AG in a deal worth A$19 million, which was made up of A$6.3 million in cash and A$12.6 million in shares.[16]
In December 2021, LiveTiles acquired My Net Zero, climate solution application.
In October 2023, LiveTiles announced the departure of CEO David Vander as part of a restructure and cost reduction program with the aim of achieving cashflow breakeven.[17] David Vander remains the CEO despite his previous resignation.[18]
In December 2023, LiveTiles entered receivership and was suspended from trading on the ASX.[19][20]
Corporate affairs
Leadership
LiveTiles is managed by CEO David Vander.[21]
Products / business model
The company develops and sells cloud-based digital workplace and intranet's for Office 365, Azure, and SharePoint. This includes various solutions including LiveTiles Mosaic, which was developed for K-12 educational institutions and has 1.2 million users,[22] and LiveTiles Commercial.[5] They also provide LiveTiles Reach, a mobile app; digital workplace and intranet design tools called LiveTiles Intranet and LiveTiles Everywhere; artificial intelligence, employee wellness and communication platform LiveTiles Quantum.[23][24]
In 2017, LiveTiles partnered with Microsoft to launch the joint venture AI Australia, an Australian-based artificial intelligence development firm.[25]