Sina Weibo has contributed to a series C round for IMS New Media Group, valuing the social media marketing company at about $1.5bn.

Gene therapy developer Krystal has received $7m in funding from Sun Pharmaceutical Industries, in a deal that values the startup at roughly $44m.

The GV-backed online radio network has boosted its total funding to $140m with a $50m round co-led by Comcast Ventures, Marker and Institutional Venture Partners.

WeWork has paid an undisclosed amount to acquire sales and marketing intelligence software provider Unomy, allowing Leta Capital to exit.

Baidu spinout Zuoyebang has added $150m in funding from investors including Legend Capital and will use the capital to strengthen its online education platform.

Francisco Partners has purchased a 16.7% stake in Iconectiv, a subsidiary of Ericsson that has developed technology to interconnect telecom networks.

The CyberAgent and Nihon Keizai Shimbun-backed recruitment and networking platform developer is set to float in its home country of Japan next month.

A subsidiary of hedge fund sponsor Tekne Capital Management has invested in the series G round being raised by Ola, which is also backed by SoftBank and Didi Chuxing.

Raine Group and Temasek have reportedly acquired a majority stake in beleaguered, Twitter and Chernin Group-backed music streaming platform SoundCloud.