IT

Cisco-backed CRM software producer Kustomer has now raised a total of $174m following a series E round that valued it at more than $500m.

Liberty Media, Centrica and Ofer Global have exited cybersecurity technology producer Indegy in a $78m purchase by Tenable.

The retail AI technology developer received the capital in a SoftBank-led series A round that included Toyo Kanetsu Corporate Venture Investment Partnership.

The semiconductor-focused venture firm has recruited SK Hynix, EmbedWay, Huafon and Guangzhou Fengshen Motor for a fund of undisclosed size.

The number of flotations of companies that have previously received corporate backing has been growing over the past years but by the end of 2019 they may register a slight slowdown.

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

Returning investor Legend Capital contributed to a $14.2m round for the IoT operating system developer that will fund research and development.

USF and Florida Funders have tapped angel investment for a seed fund set to nurture research from Florida's public universities and the wider state ecosystem.

Existing investors Dell Technologies Capital and SGE returned to help boost simulation-based cybersecurity software platform Cymulate's total funding to $26m.

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

UMC Capital and the Arm-backed Hopu-Arm Innovation Fund backed enterprise AI software developer Appier in a round that almost doubled its overall funding to $162m.