DigitalBridge Ventures led wireless adoption software developer Celona's $60m series C round while Papaya is paying up to $200m for Rakuten-backed payment platform developer Azimo.

Funding

Celona, the US-based creator of a software platform which helps companies adopt cellular wireless technology, raised $60m yesterday in a series C round led by DigitalBridge Ventures, the venture capital arm of infrastructure management group DigitalBridge Group. The round included NTT VC and Qualcomm Ventures – which invested on behalf of telecommunications firm NTT and mobile chipmaker Qualcomm – in addition to Lightspeed Venture Partners, Norwest Venture Partners and Cervin Ventures.

Poplar Homes, a US-based provider of technology-equipped property…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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