IT

The Softbank, Telstra and American Express-backed e-commerce software producer has closed its IPO after its shares more than tripled in price.

Xiaomi has backed a $50.2m round that lifted the total raised by the SMIC-backed chipmaker to more than $80m in just over a decade.

REV Venture Partners returned for a series D round that pushed the data collaboration platform's overall funding to $83m.

The number of corporate-backed companies going public declined in 2019, despite some major IPOs like those of Uber, Lyft and Slack.

Cookpy, Hustar, Sutelura and Wilico have graduated from the YJ Capital and East Ventures-run accelerator’s sixth and seventh cohorts.

Salesforce Ventures and existing backer M12 contributed to a $13.5m round that took the government feedback data provider's total funding to more than $21m.

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

True Digital Group supplied a nine-digit renminbi amount for the Baidu-backed smart retail system developer that will fund international growth.

GV and Decibel co-led the round having previously backed the U-M networking cybersecurity company alongside Greylock Partners in 2016.

M12 returned to reinvest in the document automation software provider to help it increase its overall funding to $55m.

Seed investor GV co-led a $15.5m round for the internet-of-things security technology provider that will go to expanding headcount.