SoftBank Vision Fund returned to reinvest in the outsourcing marketplace operator at a valuation of almost $1bn to take its total funding to $310m.

Telecommunications and internet group SoftBank’s Vision Fund took part in a $138m series E round yesterday for Globality, the US-based developer of an online marketplace for business services.

Vision Fund was joined by investment group Groupe Bruxelles Lambert’s Sienna Capital subsidiary, and the round pushed the company’s overall funding to $310m since it was founded in 2015. The capital was raised at a valuation near $1bn, a person familiar with the matter told the Wall Street Journal.

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.