EPFL spinout Nexthink, which uses artificial intelligence to monitor and analyse network traffic and is backed by Mannai Corporation, raises $40m to drive international expansion.

The Novel-backed luxury items marketplace has now raised $123m since 2011 and aims to become profitable this year, with an IPO to come in around 2018.

Electronic billing software producer Transactis increased its total funding to $70m, securing $30m from five banks, each of which contributed $6m.

The digital health developer has now raised some $350m from investors including Novartis, Otsuka, Oracle, Medtronic, St Jude's Medical, Kaiser Permanente and ON.

Alibaba itself invested $900m and its financial services affiliate Ant Financial $350m, with the companies also agreeing a strategic collaboration.

Online marketplace Tokopedia has raised fresh capital from unnamed investors, following a $100m Softbank-led round in 2014.

The enterprise messaging company took its total funding to $540m, securing $200m at a $3.8bn valuation from backers including Alphabet and Comcast, showing there is still big late-stage money available for the right kind of company.

The robo-advisor, backed by Citi and Northwestern Mutual Life, has now raised $205m in total, securing its latest funding at a $700m valuation.

NTT Docomo-backed database technology company Couchbase has boosted its total funding to $145m as it heads for an initial public offering.

Samsung-backed Pivot3 has revealed $55m in combined equity funding and debt financing, following earlier reports that the company had secured $19m.