IT

Progress intends to buy software development technology producer Chef for $220m in cash, following $105m in funding from backers including HPE and Citi.

September 2020 AI supplement editorial by James Mawson, editor in chief, Global Corporate Venturing

Special report: pandemic has boosted venture dollars across health AI

Cox Enterprises was among the returning investors that helped the digital lidar sensor provider take its total funding to $140m.

Telefónica-owned ElevenPaths has bought cybersecurity training service iHackLabs, which received funding from Telefónica's Wayra unit in 2018.

Frontier IP has secured the services of software development veteran Mark Rosten to supervise IT deal flow and product deployment at its portfolio companies.

Digital marketing platform developer Optimizely has agreed to be bought after raising $200m from investors including Citi, Salesforce, Accenture and Alphabet.

The Qualcomm and Robert Bosch-backed facial recognition technology developer raised $43m in funding from unnamed backers five months after Microsoft exited.

Accenture Ventures and existing investor Bloomberg Beta helped the data management platform developer take its total funding to about $40m.

After the announcement of Warren Buffett’s bet on Japan’s largest trading houses, we take a brief look at how they have been doing on the corporate venturing arena.

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