Skanska-Inertech IT infrastructure partnership reported to have established $60m spinout.

Corporate venturing units YJ Capital, Cyber Agent, KDDI and Mitsubishi join $3m investment in Skype-based English language education business Rarejob.

Gree Ventures has led an undisclosed series A round of Indonesia-based UrbanIndo.

Rebright Partners, the Japan-based incubator and mentoring fund led by serial entrepreneur and VC professional Takeshi Ebihara, is investing the firm's latest fund in consumer-focused mobile and internet start-ups in south-east Asia's more burgeoning technology markets.

Globis Capital Partners, the corporate venturing unit of Japan-based global corporate management education business, and GMO Venture Partners, the corporate venturing unit of Japan GMO Internet Group, both see a growth trend in crowdsourcing or outsourcing of designers, engineers and IT specialists in their local market of Japan. Their latest $2.9m seed investment in Japan-based Lancers illustrates that trend.

Five9 raises $34.5m in new funding, $22m in a Series D round from SAP and $12.5M in a bank revolver debt facility.

Radio app TuneIn has raised $25m in new funding led by IVP, with involvement from return backers Google Ventures.

Digital Advertising Consortium (DAC), a Japan-based media organisation, also participated in this round alongside SingTel.

The other investors beyond AOL included venture capital firms Cloud Capital Partners and Acceleprise Ventures and angel investors