American Express, Ericsson, JPMorgan Chase and HSBC all contributed to the round, boosting malware protection technology developer Menlo Security’s total funding to $85m.
Month: December 2017
Kingsoft Cloud keeps going with $300m
Parent company Kingsoft invested $150m to retain a majority stake in its cloud services spinout, which has now raised about $500m in total.
JD.com and Plug and Play launch US accelerator
JD.com has partnered Plug and Play to launch an accelerator for US startups developing technologies for the retail and logistics sectors.
Investors hand series B2 funding to SwipeSense
Hand sanitation monitoring system provider SwipeSense has secured $10.6m to expand its team and accelerate product development.
Samsung guides Perceptin to $11m
Samsung Ventures has invested $1m in robotics vision technology developer Perceptin, which has revealed $11m in total funding.
Supermonkey swings to series C round
Fosun RZ Capital has participated in a nine-figure renminbi round for gym operator Supermonkey, having been an investor since its series A round.
Corporates see Mirriad possibilities in $35m IPO
Video advertising software developer Mirriad aims to raise $35m in a London initial public offering that will score exits for Unilever, STV and Zee Entertainment.
Nextdoor moves in $75m
The locally-focused social media platform, which counts GV and Comcast Ventures as backers, has secured funding from unnamed investors.
Quark dots the i’s on Docurated purchase
Rogers Ventures has exited data refining technology developer Docurated in an acquisition by Quark of undisclosed size.
BigBasket to pack up $280m
Alibaba is reportedly set to invest $200m in the online grocery retailer at an $800m valuation as part of a $280m funding round.
Hookipa Biotech hauls in series C cash
Gilead, Boehring Ingelheim and Takeda have contributed to a $59.6m round for Hookipa, a developer of immunotherapies for infectious diseases and cancer.
OneWeb to attract another $500m from SoftBank
SoftBank initially invested $1bn in satetllite internet service provider OneWeb as part of a $1.2bn round late last year.
Ferreira flees WME for FirstMark
Beth Ferreira has rejoined VC firm FirstMark Capital as managing director, bringing an end to her time at corporate venturing unit WME Ventures.
Vion invites corporates for $20m series B
Samsung and ABB have contributed to a $20m round for smart vision product developer Vion Technology, which will use the cash for hiring and product development.