Clark Enterprises has celebrated an exit through the acquisition of retail analytics software developer Orchestro by supply chain services firm E2open.

University of Illinois at Urbana Champaign's EnterpriseWorks incubator graduate Trackbill raises $400,000 in funding.

Four investments totalling $126m to be made by Michigan University's endowment are disclosed through the agenda for its Board of Regents meeting.

Tengelmann and Rocket Internet were among the investors in a $6.8m round for the catering marketplace startup, launched in autumn last year.

Zhubajie led corporate outsourcing services provider 51Shebao's series B round, lifting its overall funding to $14m.

The work space provider's latest cash injection follows a $31m series A+ round three months ago, and is backed by commercial real estate developer Yintai Land.

The Alphabet subsidiary has taken part in a round for Andela, which recruits Africa-based programmers on behalf of US tech companies.

The social media data provider will close its service next month due to features introduced by the likes of Facebook, Instagram and Twitter making its service unnecessary.

App-based courier service Roadie has raised $15m in a UPS-backed round that will be used to grow its capacity and distribution network.