IT

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.

Dell Technologies Capital co-led a $15m round disclosed as Pecan came out of stealth with plans to further enhance its predictive analytics platform.

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.