IT

SoftBank led a $103m series B round for the internet-of-things network and hub developer that made up one of two rounds it has raised.

MassMutual Ventures has followed up on the $50m Southeast Asian fund it launched in late 2018 with a second vehicle dedicated to the region.

Venture firm Winreal Investment has raised $146m for the first close of its 5G fund, which counts SAIC, Sunon, Dahua, ZhongJi InnoLight and Zhebao Media as limited partners.

Alibaba Entrepreneurs Fund and HSBC’s Jumpstarter 2020 contest is holding its Grand Finale event in Hong Kong next month, with each winning startup to receive up to $5m in funding.

Bertelsmann achieved an exit as the cloud services provider raised $284m in an initial public offering that reportedly valued it at about $2bn.

The code management platform developer has now raised $130m in total, getting its latest funding from existing investors including Bloomberg Beta.

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.