IT

Group 42 supplied $10m for the online services provider, whose existing investors include iDreamsky, Bertelsmann Asia Investments and Legend Star.

Several corporate venturers have backed IoT company Terminus Technologies in a $283m series C1 round. This nine-figure round comes to confirm an upward trend in valuations of such enterprises we have been observing for years.

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

The Alphabet, Baidu, Microsoft and Qualcomm-backed hosting services provider has filed to raise $100m in its IPO, five months after raising money at a reported $3.2bn valuation.

Tokyo Stock Exchange has approved an initial public offering for enterprise communication platform Chatwork that will enable GMO Venture Partners to exit.

The data warehousing technology developer has closed a round featuring Telstra Ventures, GV and M12 that took its overall funding to $75m.

Dentons subsidiary Nextlaw Labs has exited legal documentation technology developer Doxly in an acquisition by Litera Microsystems.

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

Cloud services supplier Zenlayer, which counts NSFocus as an early investor, secured $28.4m in funding the month after opening a Chinese R&D hub.

SK Telecom has returned for Pavilion Data Systems' $25m series C funding, having also participated in the data management technology developer’s last two rounds.