The data beaming software provider will use the proceeds from the GE Ventures-backed round to expand in Europe and create a partner network.
Month: May 2019
Tencent zips into Zeepson investment
Tencent was among the participants in a pre-series A round for IoT security outfit Zeepson that was sized at approximately $14.4m.
Printo pens in InkMonk purchase
Raksul has exited custom printed product marketplace InkMonk in an acquisition of undisclosed size by Printo, with the deal reportedly creating India’s largest printing services provider.
Abacus tallies up series A funding
The healthcare data integration platform received $12.7m in a round featuring corporate joint venture Echo Health Ventures, which took part as an existing investor.
Riffyn rallies corporates for $15m
Merck Group’s M Ventures unit led the research and development software provider’s series B round, investing alongside Waters Corporation and existing backer OATV.
OwnBackup increases series C round
The data backup and recovery technology provider has increased a series C round that includes Salesforce Ventures to $23.3m.
BigTime to get bigger with $14m
MassMutual Ventures took part in the round, which will enable the cloud-based time and billing management software provider to hire more senior management and product development staff.
Welkin Health gets series B treatment
The iKang Healthcare and Mayo Clinic-backed healthcare management platform has received $17.5m in a round that increased its overall funding to $30m.
AttackIQ registers series B funding
The Qualcomm-backed security validation platform raised $17.6m in a round that featured Salesforce Ventures and returning investor Telstra Ventures.
Corporate venturing deal net: 27-31 May 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Insight Partners captures Recorded Future for $780m
Corporate venturing units GV, REV and MassMutual Ventures look set to exit the threat intelligence provider in a deal that values it at $780m.
Tempus pumps in $200m
Tempus has now raised a total of $520m, after adding $200m to its coffers in a Novo-backed series F round, secured at a $3.1bn valuation.
Northwestern Mutual forges $150m second fund
The insurance firm has followed its $50m first fund, launched two years ago, with the $150m Northwestern Mutual Future Ventures Fund II.
Logz.io lands $52m series D funding
The open source tools provider took its funding past the $100m mark in a round featuring Siemens’ Next47 subsidiary.