Financial

The remittance services startup raised $31.2m from backers including HashKey, UOB, Seven Bank, Uni-President Enterprises and Hanwha.

Insight Partners agreed to acquire IoT security software provider Armis in a rollover transaction that featured a $100m commitment from Alphabet. The deal forms part of the IoT space to which corporates have not been indifferent over the past decade.

Monex featured in a $17.7m round for Securrency to help the blockchain technology developer take its total funding to $20m.

Managing director Paul Ark is departing from Siam Commercial Bank after overseeing its SCB Digital Ventures unit for nearly four years.

Hospitality-focused payment services provider Gastrofix has agreed to a nine-figure acquisition that will enable Radeberger to exit.

Citi Ventures joined Roofstock’s shareholders in a series D round that increased the property investment platform's overall funding to $133m.

Citi Ventures and Susquehanna Growth Equity both returned for the business accounting software provider’s series B round, which enabled it to achieve a unicorn valuation.

Canadian Imperial Bank of Commerce contributed to the digital accounting platform developer's series C round, taking its total funding past $130m.

American Family Ventures and Cox Enterprises both returned for a $50m series C round, having already participated in the insurance marketplace’s $43m series B a year ago.

The following is an excerpt from our upcoming World of Corporate Venturing report.

In an extended version covering the holidays, Global Corporate Venturing has rounded up the period’s smaller deals and tracked the emerging companies accessing corporate funds.