IT

Wipro Ventures is set to exit email security software provider Emailage in an acquisition by LexisNexis Risk Solutions, which is paying a reported $480m.

The University of Bristol-led incubator now has more than 80 portfolio companies, which posted a combined turnover of $77m during 2019.

Orange Digital Ventures and Western Digital Capital contributed to a round that pushed the total raised by the computational storage system developer to $46m.

The financial services provider aims to secure some 200 limited partners for a vehicle that will meld industry 4.0 technology with Japan's Society 5.0 initiative.

LG and ST Electronics are set to exit indoor positioning technology producer Devawave in an acquisition by Qorvo reportedly sized at $400m.

Kakao Ventures co-led a round that also featured Baidu Ventures, LG Ventures and existing backer Samsung Next, taking the 3D collaboration platform developer's total funding to $22m.

OpenLegacy, which already counts RDC, Commerzbank and BNP Paribas as backers, has received $20m from SBI to take its total funding to $70m.

Just ahead of our third annual GCV Israel conference, we take a quick look at corporates’ interest in the rich venturing and innovation scene of Israel.

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

Hewlett Packard Enterprise contributed to a $37.5m round that represents the second to be publicly dislcosed by the IT management software provider.

The video security system developer almost tripled its valuation in nine months, raising series C funding from investors including Siemens Next47.