Recruit Holdings participated in CleverTap’s $105m series D round while Liberty Media led a $100m series D for sports media platform Overtime.

M&A

IT services firm Jack Henry & Associates has agreed to acquire Payrailz, a US-based payment platform developer backed by payment processor First Data and financial services firms Live Oak Bank, Woodforest National Bank and Webster Bank. The transaction, the size of which is undisclosed, is set to close on August 31.

Health information network operator Availity has agreed to buy Diameter Health, a US-based developer of data-equipped health optimisation technology, for an undisclosed sum. It had raised…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.