IT

Allianz has recommitted to the venture capital firm having funded its $170m debut vehicle two years ago.

Zoom has completed its third strategic investment in video meeting technology maker Neat, which is now valued at $640m.

Ericsson Ventures has participated in a series B round for cybersecurity software provider TrueFort, reportedly increasing its total funding to almost $48m.

The Coinbase Ventures-backed fraud prevention tool developer has secured the fresh round that boosted its total funding to over $48m.

Stratasys spinoff Evolve Additive Solutions secured $30m from 3D Ventures while CollegeDekho - spun off by GirnarSoft - raised $26.5m.

University of Illinois Urbana-Champaign’s cost management platform developer has increased its valuation to $280m in its most recent round.

Networking and cybersecurity technology provider Aviatrix was valued at $2bn through a series E round backed by existing investor Liberty Global Ventures.

Dell, Hewlett Packard, Relx and Alphabet helped boost the database technology provider’s total funding to $264m.

Gradient Ventures has returned to back the software debugging technology provider’s series B round, which took its overall funding to $41m.

Home rental finance service Jetty bagged $23m from investors including Citi, Farmers Insurance and CreditEase, while ByteDance co-led IoT technology developer RiVai's latest round.

Channel Talk, Segari and Borneo are all among the companies that have raised corporate venture capital, while Tepco celebrated an exit with the acquisition of Me:New.