IT

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.

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

Cathy Gao has called time on her tenure at corporate venturing unit Axa Venture Partners to take a vice-president position at Sapphire Ventures.

Stanford University has backed a $12m series A for identity management technology developer Truework, which has been expanding its business in the employment and loan referencing space.

Telstra Ventures looks set to exit Stanford spinout Uhana in an an acquisition of undisclosed size by VMware.

Bank Rakyat Indonesia has put $100m into BRI Ventures, which could receive up to $250m and which will be headed by ex-MDI Ventures CEO Nicko Widjaja.

Machine learning software platform DataRobot raised an initial $200m for a round led by Sapphire Ventures, though it is unclear whether existing backers Intel, Recruit or New York Life invested.

The proactive cybersecurity software developer has closed a $23m series A round led by Intel Capital and is now out of stealth mode.

Existing investor Qualcomm Ventures has returned for MindTickle's series C round, which increased the sales training provider's total funding to more than $81m.

The data security technology developer has been purchased by Microsoft after raising at least $26m from investors including Bloomberg Beta.

Microsoft has bought big data access control software developer BlueTalon, which had raised approximately $26m from investors including Stanford-StartX Fund.