IT

Visa is to acquire one of its portfolio companies, financial data network operator Plaid, in multi-billion-dollar transaction, which comes only four months after its latest commitment to the company along with its peer Mastercard.

Baidu Ventures reinvested in the 3D mapping services provider through a $14.5m series B-plus round led by Guangfa Qianhe Investments.

WorkBoard, developer of an enterprise performance measurement system, has accrued $65m to date, after a round featuring existing investors M12 and Workday Ventures.

Proceeds from the OSF Healthcare-backed round will go to expanding the clinical training software provider's educational content and enhancing its VR technology.

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

Wipro's strategic investment arm has followed its $100m first fund with a second one, having backed 16 companies and exited two.

AI2's new pre-seed fund will help create 12 new spinouts in fields such as deep learning, computer vision and natural language processing.

Cisco reportedly took part in a round that boosted the overall funding for the Shutterstock-backed enterprise data management platform to $75m.

Salesforce Ventures-backed sales intelligence software developer 6sense has raised more than $105m altogether, Insight Partners having provided its series C financing.

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

The edge computing technology developer has reportedly been purchased by Apple, three years after being spun out of AI2 to advance work by University of Washington's Ali Farhadi.