IT

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

WPP-backed enterprise content marketing platform developer Percolate has been picked up by Seismic, having previously raised about $107m in funding.

Okta Ventures supplied a share of the cash for software engagement analytics platform Productiv, which last raised funding in March 2019.

Screen time limits app developer Zenlabs has been bought by Life360, paving the way for internet browser publisher Otello to exit.

Indian Angel Network has achieved a final close of $53m for its inaugural fund thanks to limited partners including Hyundai, Max Group, India Infoline and Yes Bank.

The corporate joined Radical Ventures and unnamed backers to invest in Untether AI, with the funding going towards the AI chip manufacturer’s growth strategy.

MIT-founded machine learning software development engine company Neural Magic picked up support from Comcast Ventures for its approach to executing ML models on commodity CPUs.

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

Southern Publishing and Media and Cheetah Mobile have contributed to a $57m series C round for edtech developer Codemao.

Microsoft, Itochu and Samsung have invested in Volterra, which has emerged with $50m in funding after two years of developing its distributed cloud services technology in stealth.

Sumo Logic has purchased Dell-backed cybersecurity platform provider Jask Labs for an unspecified sum.