IT

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

Dell is celebrating an exit as Humio agreed to a $400m acquisition by CrowdStrike, less than a year after Dell led a $20m series B round for the cybersecurity company.

Tiger Global has led a series C round for TigerGraph, which has now raised more than $170m altogether from backers also including Ant Financial, Baidu and SIG.

The DevOps platform provider has raised $117m to date after Salesforce Ventures and Insight Partners co-led its latest funding round.

The Kyrus-backed cybersecurity software developer has achieved $125m of total funding after Summit Partners led its series C round.

As set out in his keynote at the GCVI Summit in 2019, Lin has focused Intel Capital’s investments on leading more rounds in more diverse companies.

Aisin, Airbus, Intel, LG, SBI, Hella and SK Hynix all celebrated a win as AEye agreed to a reverse merger with CF Finance to list on Nasdaq at a $2bn valuation.

Spacecraft manufacturer SpaceX has pushed its valuation to $74bn, a more than sixfold increase on the $12bn it fetched when Google led a $1bn round in 2015.

Qihoo 360 has exited the Brazil-based peer after it joined AI technology group CyberLabs to form a new company, CyberLabs Group.

Cloopen, also known as Ronglian and Yuntongxun, priced its shares at $16 to raise $320m in an initial public offering that provided an exit for Telstra Ventures and New Oriental.

Google’s Gradient Ventures has returned to help bring the total financing for AI data training platform developer Labelbox to $79m.