Salesforce Ventures has exited the content marketing platform in an acquisition by Upland Software that follows some $22m in funding.
Month: May 2019
Medikabazaar looks to sell investors on series B
Mitsui Sumitomo is set to participate in a series B round for the online medical products marketplace that will be sized at $28.6m.
SoFi sorts out another $500m
SoftBank and Renren-backed online financial services provider SoFi is now valued at $4.8bn following a $500m round led by QIA.
Palo Alto Networks secures Twistlock in $410m acquisition
Dell Technologies Capital will exit container cybersecurity technology provider Twistlock in an acquisition by Palo Alto Networks that follows $63m of funding.
EV Growth expands first fund to $200m
SoftBank has thrown its weight behind Yahoo Japan and Sinar Mas-backed EV Growth’s inaugural fund, helping it achieve an oversubscribed close of $200m.
Avalanche rocks $33m round
Corporate-backed RAM memory product developer Avalanche Technology has now raised more than $100m, its earlier backers including Qualcomm, VTB and Rogers Venture Partners.
Drawbridge falls to LinkedIn
Mitsui has exited customer data platform developer Drawbridge, which was acquired by LinkedIn after raising a reported $70m in venture capital funding.
NetApp snaps up Cognigo in $70m deal
NetApp paid $70m to acquire the data protection software developer, which had raised $11m from investors including Prosegur.
Crazy Dog retrieves series B funding
Fosun co-led a $43.4m round for omnichannel petcare brand Crazy Dog that will support an expansion slated to include the opening of offline stores.
Ayala aligns with corporates for $30m series B
The cancer drug developer has closed a series B round led by development partner Novartis that included Harel Insurance and Finance and SBI JI Innovation Fund.
Corporates pour more funding into Longwater
BASF Venture Capital and Xiamen C&D are among the limited partners in Longwater Investment’s advanced materials-focused fund, which was already backed by Solvay.
Lenovo lends more support to NED+AR
Lenovo Capital and Incubator Group has provided $14.4m in series A funding for the augmented reality module technology developer having also led its last round.
PhonePe calls in Tencent for $1bn round
Tencent is in talks to participate in a $1bn round that would enable the mobile payment platform to spinoff from parent company Flipkart at a valuation of up to $8bn.
Toyota to decide on Didi Chuxing investment
The carmaker, already a shareholder in Uber and Grab, is considering an investment of about $550m in the Chinese ride hailing app developer.