IT

Existing backer Rakuten Ventures has returned to invest in the Itochu-backed marketing software provider in a $93.9m round led by KKR.

Hewlett Packard Enterprise reportedly paid less than $50m for the assets of Qualcomm Ventures and CapitalG-backed MapR, which had once been valued at more than $1bn.

Robert Bosch led a $17.5m round for the mobility software provider that included DB Digital Ventures and Innogy Ventures, following $44m of earlier funding.

Various SoftBank entities have put a total of $200m into Cybereason, doubling the cybersecurity technology provider’s total equity funding to about $400m.

American Family's corporate venturing subsidiary has accumulated more than $162m from four investors for a fund expected to close at $200m.

The newly-named University of Arizona Center for Innovation is to expand with regional partnerships and additional office space as it looks to cement the university’s role in driving local entrepreneurship.

Intel Capital led a round that will enable Exo, whose investors also include OSF HealthCare, Sony and Applied Materials, to improve its AI-powered ultrasound technology.

The consumer brand software provider closed its Novel TMT-backed series A round at $18m with a $10m extension that boosted its total funding to $23m.

Reliance Industries has acquired a majority stake in the fashion e-commerce platform through a $41.7m majority stake purchase that will enable Google to exit.

GMO Venture Partners returned to contribute to a $11m round for the industrial-focused e-commerce marketplace that was led by Eight Roads Ventures.

Rounds above $100m tend to be raised by companies based in the US and China. Last year we saw a record number of corporate-backed rounds.