IT

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

Digital China Holdings' big data services spinoff has raised funding from two state-owned investment entities at a $918m valuation.

The newly formed Atlassian Ventures will extend its parent company's investment strategy, targeting early-stage cloud app developers and larger product partners.

Dell's stake in the software release technology provider is sized at almost $490m following an initial public offering in which it floated well above its range.

The data services software provider had raised more than $55m from investors including NetApp, Cisco Investments, Hewlett Packard Enterprise and GE Ventures.

The customer support technology provider lifted its overall funding to $88m in a Next47 Ventures-backed round that will support research and development.

Salesforce Ventures will invest another $250m as the data management software provider floated above its range at a valuation just short of $29bn.

The notification software startup received backing from strategic investors Twilio, Slack and SendGrid in a $10.1m round that will fund hiring and product development.

Schlumberger returned for the first close of the round, helping the emissions monitoring technology developer take its total funding to $55m.

University of Stuttgart has scored an exit with the acquisition of nFrames, a 3D mapping technology spinout also backed by Vector Informatik.

Vector Venture Capital has exited nFrames, a developer of 3D surface reconstruction software that has been bought by Esri for an undisclosed amount.