IT

Elan Microelectronics invested in a $19.5m round for spinoff Metanoia Communications, which is preparing to launch its latest broadband chipsets.

The corporate has expanded its share in online IT and design university operator Skillbox after two investments in the company in 2019.

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

Seal Software is set to be acquired by DocuSign, which invested $15m in the contact-management software provider last year.

Alphabet will exit credit management company Credit Karma in a $7.1bn acquisition by Intuit.

The workflow management software provider raised series A funding from investors including Salesforce Ventures and Atlassian.

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

The no-code app development platform has raised a further $51m in a second tranche led by CapitalG, the corporate that also backed its first close in October.

Belkin, Charter Communications, Qualcomm, Liberty Global, Shaw Communications and Service Electric Cablevision took part in a $60m equity round along with $25m in debt.

The record-digitisation technology provider has now disclosed nearly $120m in financing altogether, strategic partner CDK Global leading its latest round.

Lisa Coca, a former managing director at GE Ventures focusing on enterprise technology, has joined Intel to support participating groups at its newly announced intrapreneurial incubator.