Vark and Willbox have both raised funding, while Cisco has decided to buy Kenna Security and Guru Capital has purchased Oval Money.
Funding
Vark, the Japan-based virtual live event platform owner formerly known as ActEvolve, has raised ¥600m ($5.5m) in a series B round from investors including video game publisher Sega Sammy, broadcaster TBS, marketing firms Dentsu and Hakuhodo DY and venture capital firm Jafco. TBS and Hakuhodo DY were represented by TBS Innovation Partners and Hakuhodo DY Ventures respectively. VC firm Anri previously invested $1.9m in Vark in May 2020, at least doubling the company’s overall financing. Its earlier backers…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.