Dubber was founded in Melbourne, Australia in 2011 by James Slaney, Steve McGovern and Adrian Di Pietrantonio, and predominantly sells to Telecommunications Service Providers and Enterprise customers.
In February 2024, Dubber's shares were again suspended from trading after their auditors found that $30m of funds shown on their unaudited accounts as a "term deposit" had been diverted away and "used for other purposes".
In March 2024, ASIC secured interim travel restraint orders against CEO Steve McGovern and solicitor Mark Madafferi due to concerns that they may have breached the Corporations Act in respect of the suspected misuse of term deposit funds.
[22] When Dubber released its interim financial for the half year ended December 2023 on 14 April 2024,[23] it revealed that $60m of funds had been deposited in the trust account between 2019 and 2021.
[25] Reporting by The Age in June 2024 revealed that $75m of cash had been moved from Dubber to a trust account held by the law firm of Mark Madafferi, who was known for providing legal services to "some of Melbourne’s most well-known gangland identities, including convicted killers and drug dealers".
[36] In September 2021, Dubber announced that it had acquired Brisbane, Australia based Notiv, a developer of cloud-native AI-based products that turn meetings into transcribed notes, summaries, signals, and other actions.