Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Snappy, the US-based operator of a service that helps businesses provide gifts for employees in lieu of direct financial benefits, revealed on Tuesday it has secured a total of $10m in funding from investors including Hearst Ventures, the corporate venturing arm of media group Hearst. The company’s lead investor is venture capital firm 83North, and Snappy said the funding will be used for international growth and product development.
E-commerce firm JD.com has invested $10m in China-based file management and collaboration…
