IT

RELX, Salesforce, Lixil and Liberty Interactive-backed text analysis software business Quid is joining forces with social media analysis provider NetBase.

Sue Siegel, who featured on GCV's Powerlist five times from 2014 to 2019, has won the Lifetime Achievement Award 2020 for service to the venture and innovation ecosystem.

Customer experience automation platform ActiveCampaign raised the money in a series B round led by Susquehanna Growth Equity, its second round in 17 years.

The customer experience automation platform has now raised more than $52m altogether, with Samsung Next and existing backer M12 both investing.

Gradient Ventures contributed to a $23m round for the Intel-backed visual collaboration software provider, which plans to double its size by the end of this year.

AI app deveIopment software provider Iguazio boosted its overall funding to $72m in a round featuring Verizon Ventures and Samsung SDS.

Ahead of our record-breaking GCV Innovation Summit in California this week, we are offering an excerpt from our latest World of Corporate Venturing 2020, analysing data from 2019 and the past decade, where we have combined data from GCV Analytics and data provider PitchBook.

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

Big Switch Networks, based on Stanford research, had raised more than $120m from investors including Dell Technologies Capital, Intel Capital and Accton.

Goldman Sachs, already a Sysdig customer, has taken part in a series E round that boosted the cybersecurity technology developer’s overall funding to $206m.

Horizons Ventures led the round, which took the total raised by the Qualcomm, Alibaba, Thundersoft and Himax-backed edge AI chip developer to $73m.