The communications technology producer reportedly made one of the largest ever investments in an IT platform company as part of the deal.

The corporate-backed fund has had a busy week, as it provided early-stage funding, while also existing through a buyback and an acquisition.

Qualcomm is among the investors in a round raised by TouchPal, which has developed a keyboard app for use with smartphones, that totalled more than $20m.

Interactive video analysis and coaching platform Ubersense has been acquired by Hudl, providing an exit to Google Ventures.

MGB Biopharma, established to develop a new class of anti-infective medicines, has raised the cash in a round which included the Scottish Investment Bank.

Medical company Acusfoucs has added $21m in capital as it waits for approval from the FDA on its Kamra inlay, which is designed to treat near-vision loss.

Swisscom invested an undisclosed sum in the cloud metrics company as part of a strategic agreement focused on its cloud infrastructure.

Soneter, which manufactures water flow and leak sensors, has raised $6m at the same time as it signed a strategic agreement with Flextronics.

The fashion brand, which caters to a US customer base, has now raised almost $15m, after IDG invested for a second time.