SoftBank Innovation Fund led a $140m funding round for the retail management software provider, whose previous investors include Naspers.
Author: Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
Juniper Square pegs $75m in series C
Property investment management platform Juniper Square, whose shareholders include LeFrak, has added $75m to its coffers thanks to a series C round led by Redpoint Ventures.
N3twork nets $40m in series C round
Blue Planet Software has participated in a $40m series C round for mobile gaming product developer N3twork, which had secured $12m in a GV-backed round six years ago.
Corporate venturing deal net: 11-15 November 2019
Each Friday, the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
SoftBank puts conditions on Paytm deal
SoftBank Vision Fund has agreed to participate in a $1bn funding round for Paytm, but has stipulated the payment processing platform seek an IPO within five years.
1Password locks in $200m series A
Slack Fund has contributed to a $200m series A round for 1Password, the password manager’s first funding round since it was founded in 2005.
OneConnect links to public markets
Ping An is in line for an exit as its fintech spinout OneConnect files for an initial public offering potentially worth as much as $500m.
SpaceMarket gets ready for IPO take-off
SpaceMarket has filed for an initial public offering on the TSE Mothers Market and its flotation will provide exits to CyberAgent, Opt, Recruit, My Navi and NTT Docomo.
Convoy carries $400m series D
CapitalG returned for the $400m series D that brought Convoy’s total funding to $668m, after the Alphabet subsidiary had previously led a $185m series C round.
Guild Education studies $157m series D
Salesforce Ventures and Workday Ventures have both provided follow-on funding for edtech developer Guild Education, which has now raised more than $228m.
Freshworks implements $150m series H
Customer engagement software developer Freshworks has pushed its valuation to $3.5bn following a $150m series H round co-led by long-time investor CapitalG.
Avidity devotes itself to $100m series C
Alexandria Venture Investments, Brace Pharma Capital and Takeda Ventures have contributed to the round, which included a $15m commitment from Eli Lilly made earlier this year.
Lancers sets its sights on IPO
GMO, Gree, KDDI, Colopl, Intelligence and Globis are all in line for exits as Lancers files for an initial public offering on the TSE Mothers Market.
Sera Prognostics diagnoses $36m series D
LabCorp, the lead investor in Sera’s series C round in 2017, has returned for a $36m series D round that will drive commercialisation of the blood testing system PreTRM.