Microsoft Azure to power Lakeba marketplace

Microsoft has entered into a strategic partnership with global venture catalyst firm Lakeba to boost the scalability and security of its technology-led businesses.

Launched in 2013 and based in Sydney, Lakeba has built businesses that have developed digital solutions in financial services, real estate, retail, consumer goods and other sectors. These solutions have featured SaaS, backend-as-a-service, cybersecurity, data, and AI capabilities.

Through its new partnership with Microsoft, Lakeba will also use Azure to facilitate its expansion of DoxAI, its digital services marketplace for the financial services industry. This provides a more comprehensive and customizable solutions through DoxAI for customers wanting to create tailored, end-to-end workflows.

Vanessa Sorenson, chief partner officer of the partner solutions group at Microsoft Australia and New Zealand, said: “We are very excited to be strengthening our relationship with Lakeba so it can continue to develop products that deliver great experiences and real value to users.

“This new partnership highlights the powers of collaboration in helping grow digitally-led businesses of the future.”

Giuseppe Porcelli, CEO and founder of Lakeba, said: “The vision of this unique partnership is to support the growth of high-tech business. It will strengthen our ability to build sophisticated digital services and products for financial services through DoxAI. It will also provide a safe and secure environment for DoxAI to drive more lucrative venture building in the future.”