Stanford University has backed a $12m series A for identity management technology developer Truework, which has been expanding its business in the employment and loan referencing space.

University System of Maryland's Momentum Fund has appointed Claire Johnson as its managing director, with David Wise leaving the position after two years.

FH Campus 02 has joined regional tech transfer office WTZ Süd, bringing the latter's total membership to nine.

Telstra Ventures looks set to exit Stanford spinout Uhana in an an acquisition of undisclosed size by VMware.

Tech Launch Arizona registered a new high of 284 invention disclosures in 2018-2019, although the number of new spinouts dropped to 11 from the previous 16.

Utimco contributed to the fifth fund of Wellington Partners, which aims to back 15 to 20 life science businesses based in German-speaking countries.

Microsoft has bought big data access control software developer BlueTalon, which had raised approximately $26m from investors including Stanford-StartX Fund.

Kinectrics has bought University of Surrey's Gnosys Global in a bid to extend its global presence and unlock the potential of a combined product portfolio.

Woodford Investment Management has reduced its holding in Mercia Asset Management amid reports its Patient Capital Trust could move to replace Neil Woodford as manager.

The university has placed its research and innovation operation under the Drexel Applied Innovation banner, led by Shintaro Kaido.