IT

Softbank helped the XDR cybersecurity software provider secure crossover financing at a valuation likely to have exceeded $3bn.

Tencent-backed digital analytics software provider Amplitude has reportedly filed confidentially for a direct listing, weeks after raising cash at a $4bn valuation.

The chipmaker’s $45.4m fund is set to operate for 10 years, investing and backing startups working on innovative semiconductor technologies and products.

The Deutsche Telekom and Sonae-backed cybersecurity services provider was valued at $4.3bn in a series F round that took its overall funding to more than $500m.

SoftBank’s Vision Fund 2 supplied series E funding for the application management platform developer, valuing it above $1bn.

Lilith Games helped artificial intelligence software developer Inspir.ai secure $46.3m while Microsoft AI spinoff Xiaoice closed its series A round at a billion-dollar valuation.

Q&A with Gayathri “G” Radhakrishnan, director of venture capital, Micron AI Fund

Microsoft is reportedly paying over $500m for the MassMutual Ventures and National Grid Partners-backed cybersecurity software provider.

SoftBank is planning to allocate additional capital to Latin America-based deals after forming a $5bn regional fund two years ago.

Dell-backed cybersecurity software producer Netskope has raised just over $1bn to date, having completed a $300m round led by Iconiq Growth.

AG2R La Mondiale committed capital to lending platform Younited Credit. The larger round is not surprising as the alternative lending space is experiencing a recovery after the pandemic shock.