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.

Machine learning software platform DataRobot raised an initial $200m for a round led by Sapphire Ventures, though it is unclear whether existing backers Intel, Recruit or New York Life invested.

The proactive cybersecurity software developer has closed a $23m series A round led by Intel Capital and is now out of stealth mode.

Existing investor Qualcomm Ventures has returned for MindTickle's series C round, which increased the sales training provider's total funding to more than $81m.

The data security technology developer has been purchased by Microsoft after raising at least $26m from investors including Bloomberg Beta.

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

Telstra Ventures looks set to exit network optimisation software developer Uhana in an an acquisition of undisclosed size by VMware.

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

SoftBank Vision Fund contributed to a round that boosted the real estate services provider's overall funding to some $1.5bn, and its valuation to $6.4bn.

Vice Media is in negotiations to buy Refinery29, which has raised about $125m in equity funding from investors including WarnerMedia, WPP and Scripps Networks Interactive.