Dell Technologies Capital was among the investors as Toka, which develops cybersecurity products tailored for government security, raised $12.5m.
Month: July 2018
WuXi AppTec gets on Verge in $32m round
Verge Genomics, which is developing treatments for ALS and Parkinson’s, has raised series A funding from backers including WuXi AppTec.
Deutsche Telekom accelerates Fastly’s path to $40m
Fastly increased its funding to $220m altogether, in a Deutsche Telekom Capital Partners-led round backed by Swisscom Ventures.
7Net catches corporates in series B round
Gaosi Education and Elex both invested in a $29.9m round for examination assessment system developer 7Net.
Jibo looks to interact with possible buyers
Jibo, the social robot developer backed by Samsung, Acer, Ningbo GQY, Denstu, NetPosa, KDDI and LG Uplus, is seeking an acquisition deal.
BookMyShow secures $100m ticket
TPG Growth has led a $100m series D round for Network18-backed ticketing service BookMyShow that will help it diversify its operations.
Ascentage tends to $150m series C
Ascentage, spun out of Ascenta Therapeutics and backed by 3SBio, has increased its total funding to more than $240m after closing a $150m series C round.
PPRO approves $50m of funding
The cross-border payment platform has raised cash in a PayPal-led round also featuring Citi Ventures that will fund international growth.
AP Ventures applies itself to $200m launch
Anglo American Platinum has put up $100m for the platinum-focused venture fund, with South Africa’s Public Investment Corporation the other cornerstone investor.
Zuoyebang zips to $350m series D
The educational assistance platform has now raised a total of $585m since being spun off from Baidu in 2015.
AMS agrees to buy KeyLemon
Austria-based semiconductor manufacturer AMS has agreed to buy Swisscom Ventures-backed facial recognition software provider KeyLemon for an undisclosed amount. KeyLemon’s authentication technology for voice recognition of Swiss-German dialects was integrated in the Swisscom TV 2.0 UHD set-top box after its Swisscom Ventures and Debiopharm-backed A round in 2013.
GV gets in Swing for $15m series B
Online teaching services marketplace Swing Education has secured $15m in a round co-led by GV and venture firm Owl Ventures.
Corporates go back to Orig3n for series B
LabCorp returned for the first close of a round that took the genetic disease drug developer’s total funding to $50m.
Octave successfully pitches $14m round to corporates
BlueCross BlueShield Venture Partners led care management platform Octave’s series A round, which included Echo Health Ventures.