Financial

Citi-founded shareholder communication portal creator Proxymity has raised an initial $20.5m sum to expand its software and target additional markets.

The blockchain software deployment service has raised $21.6m to follow a series A round last year that included contributions from Coinbase Ventures, Ideo Colab Ventures and Ripple's Xpring.

Robinhood fetched an $8.3bn valuation thanks to a $280m series F round featuring a range of existing backers, though it is unclear if Alphabet and Roc Nation were among them.

Deutsche Bank and Axa Innovation Campus featured in a $29.2m round that brought enterprise book-keeping app developer Zeitgold's funding haul to approximately $57m.

The cash account marketplace lured the return of Moneysupermarket in a series B round that brings its funding total to $29.2m.

US-based cybersecurity software developer DivvyCloud agreed to be acquired by security analytics provider Rapid7 for $145m in a cash and shares transaction that will give an exit to mass media group Discovery Communications.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

The investment and financial advice app developer raised the money at an $800m valuation, in a round led by $80m from LendingTree.

FIS Ventures is set to invest up to $150m in the next three years on behalf of its financial technology-focused parent company and has sealed its first deals.

Wix.com was among the investors in a $50m first close of the online lender's series B round, following $105m in series A funding closed in 2018.

The online insurance provider received $13.5m in a round led by Centauri Fund and backed by MassMutual Ventures, MDI Ventures and Central Capital Ventura.