IT

Wipro Ventures helped Vulcan Cyber take its overall funding to $35m as it prepares to launch a free version of its cybersecurity remediation management product.

Intel Capital, GV and Axa Venture Partners contributed to a series E round that valued the cybersecurity data provider at nearly $1bn.

Smile Invest and Innovation Industries Fund have co-led a $37m first tranche for TUe spinout Effect Photonics’ series C round.

Comcast Ventures is exiting the advertising data software provider through a strategic purchase by Operative.

The cybersecurity software developer increased its overall funding to $43m in a Zscaler-backed series B round.

This is the first in a series of quarterly publications for the Global Health Council looking at drug development, healthcare providers such as hospitals and digital health, payments and patient wellness. This first article looks at the implications of the disease treatments coming out of advanced research and artificial intelligence and the broader shift to digitalisation in healthcare. The next issue will focus on the providers of healthcare.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

The database software provider more than doubled its valuation to nearly $5.8bn in a series E round that boosted its cash on hand to about $500m.

Legend Capital was among the investors in a round of undisclosed size for Kunlun, an AI chip subsidiary of Baidu, at a valuation of about $2bn.

Alibaba Cloud's stake in the digitalisation technology provider now stands at over 31% following the latter's $61.5m series A round.

Monthly analysis: February