Retail analytics software developer Profitect has agreed to a purchase by existing investor Zebra Technologies that will also enable Motorola Solutions to exit.

Visa, CommerzVentures and CreditEase were among the existing investors that backed card issuer Marqeta in a round that valued it at nearly $2bn.

Deutsche Telekom and Access Industries contributed to a round that took the cloud and data centre security provider's overall funding to $108m.

Nagraj Kashyap, head of Microsoft's M12 unit, told attendees that it aims to provide value for portfolio companies while operating with a focus on returns.

Alphabet, Novartis and Johnson & Johnson have contributed to a series C round for Cala Health, which is preparing to release its wearable hand-tremor treatment device.

University of Southern Mississippi has hired alumnus Brian Cuevas as director of the Office of Technology Development to oversee the full spectrum of technology transfer activities.

Unilever Ventures participated in a series E round that increased the healthy meal delivery service's overall funding to $125m.

Greg Milani, a senior managing director at Stanford’s endowment, is reportedly leaving his position later this year with the university locked in a potentially damaging lawsuit with MedWhat.

Stanford-backed student support platform UpSwing has added $2m from investors including Impact America Fund to take its total to approximately $5m.

Allegion's corporate venturing arm has taken part in a $20m round for the office management software provider, whose early backers include Autodesk and Konica Minolta.