IT

Capital One and Salesforce-backed cloud database provider Snowflake has confidentially filed for an initial public offering that could value it at up to $20bn.

RWS Holdings had bought language translation software developer Iconic Translation Machines, founded on DCU's research into translating patents.

Cash Capital has celebrated an exit as UCloudlink raised $36.2m in its offering, after pricing its shares at the bottom of the range and issuing less stock than originally planned.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Chinese Academy of Sciences-owned Cash Capital secured an exit as big data cybersecurity technology provider HanSight was acquired for an undisclosed sum.

Legend Capital co-led a $282m series B round for chipmaker Eswin Computing Technology which will use the money to fund R&D, recruitment and manufacturing.

Osage University Partners is in line for an exit as the anti-malware software developer, based on UCSB and Northeastern research, agrees to an acquisition.

Barracuda Networks, Dell, Sumitomo, WatchGuard Technologies and NTT Finance are set to exit the anti-malware software developer through the transaction.

SoftBank led a $500m round for the driverless vehicle software spinoff of the ride hailing company Didi Chuxing.

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

NetApp has agreed to pay a reported $450m to buy the cloud workload management platform, which had raised $52m in funding from investors including Intel Capital.