IT

Citi Ventures has participated in the software deployment platform provider’s latest funding round, which lifted its valuation to $1.7bn.

The payment tech space saw a flurry of activity in mid-January with two series D rounds and an aborted acquisition at corporate-backed companies.

Venture firm Harlem Capital has added Apple to its limited partners having brought in payment services provider PayPal in October.

Sinar Mas-backed SMDV has invested in 20 startups from its earlier fund and will target larger deals through its next fund.

Advance Publications, Cisco, Intel, Fortinet and VMWare have exited the cloud security technology producer in a purchase by Entrust.

Shunwei Capital has led a close for the cloud-native big data platform that came two months after a $7.6m first tranche backed by SIG Asia Investment.

Shenzhen Capital Group has provided tens of millions of yuan for Xiaomi-backed monitor projecting technology developer Happycast.

Verizon and Evertz Technologies co-led a round that took the basketball statistics and data technology provider's total funding to $32m.

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

Dell Technologies Capital will exit the silicon chipmaker, which had raised $293m since it was founded less than two years ago.

Tencent led an $83.9m round for the insurance technology developer, which counts Axel Springer and ProSiebenSat.1 among its earlier investors.