Latest Technology News In South Africa
NETSCOUT was founded in 1984, originally as Frontier Software, and built its business around monitoring network traffic and application performance. By 2026, NETSCOUT provided network observability, service-assurance and cybersecurity products for enterprises, telecom operators and public-sector networks.
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AppTech Payments is building multi-bank infrastructure around FinZeo and Infinitus Pay. Revenue surged in 2026, but low cash, negative equity, litigation and a going-concern warning keep the focus on execution and funding.
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Vantiva is the name adopted in 2022 by the part of the former Technicolor group that remained after Technicolor Creative Studios was separated. The retained company focused on connected-home devices and supply-chain services, carrying forward a much older corporate lineage while establishing a new post-spin identity.
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Ouster was founded in 2015 to develop digital lidar sensors using semiconductor-based architectures rather than relying solely on mechanically complex traditional designs. By 2026, Ouster sold digital lidar hardware and software for machines and infrastructure that need accurate three-dimensional perception.
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Cyngn began as Android start-up Cyanogen, pivoted into self-driving technology and now focuses on autonomous industrial tuggers. Real deployments and a strong cash balance meet a much harder test: revenue remains tiny beside spending.
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MicroVision was founded in 1993 and became a pioneer in MEMS-based laser beam scanning. The company applied its technology to displays and sensing, later concentrated on automotive and industrial lidar and acquired strategic assets from Germany’s Ibeo Automotive Systems in 2023.
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Rasan Information Technology was founded in Riyadh in 2016 to digitise parts of Saudi Arabia’s insurance and financial-services market. By 2026, Rasan operated a group of Saudi fintech and insurtech platforms connecting consumers, insurers, vehicle-finance providers and other participants.
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Exyn Technologies was founded in 2014 by Nader Elm and Vijay Kumar as a spin-out from the University of Pennsylvania’s GRASP robotics laboratory. The company developed autonomous drones and mapping systems for mines and other GPS-denied environments, introduced products including ExynAero and ExynPak, expanded with Nexys and Range and entered Nasdaq in April 2026.
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AvePoint was founded in 2001 and initially developed backup technology for Microsoft Exchange and then Microsoft SharePoint as collaboration platforms became central to enterprise work. By 2026, AvePoint offered cloud management, data protection and governance software for Microsoft 365 and other SaaS environments.
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Smith Micro moved from modem utilities to carrier family-safety software. Its SafePath expansion and founder’s return now meet a tougher commercial test.
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