With the slow recovery from the financial crisis and divestiture strategies undertaken by some big players, 2014 was marked by numerous exits by corporate investors in the industrials sector.

Online credit rating service Wecash has closed its series B round at $20m, boosting its total funding to $26.6m.

Citi-backed electronic coupon and voucher company Linkable plans to double its staff using the cash, which took its overall funding above the $50m mark.

The advertising commerce platform has secured $7m from backers including research and technology transfer company Innova.

Visa, an investor in TrialPay's $40m series C round in 2012, is set to buy the company and integrate its marketing platform into its own product offering.

The payment services provider will invest up to $95,000 to establish joint venture projects with successful applicants.

Financial services provider AMP has launched a strategic corporate venturing unit to invest in digital businesses focused on areas including data analytics.

Music rights specialist Kobalt has raised $60m in a Google-backed series C round, as it seeks to help artists retain royalties in an online age.

The cash injection, which is set to be secured at a valuation of up to $40bn, will precede an initial public offering likely to take place in 2017.