IT

Telstra Ventures looks set to exit network optimisation software developer Uhana in an an acquisition of undisclosed size by VMware.

After almost three years at GV as a partner concentrating on science-focused deals, Shaun Maguire has moved on to VC firm Sequoia Capital.

Kibo Ventures will aim to lure follow-on contributions from corporate investors from its first two digital-focused VC funds, which include Telefónica Open Future and La Caixa's CriteriaCaixa.

Cool Japan Fund invested $9.2m in the Line-backed mobile game developer, increasing its funding to more than $27m to date.

Since the beginning of 2018, a fifth of all corporate investors whose deals we track appear to be newcomers.

Legend Capital led a $14.5m round for the internet security technology provider that came after a SoftBank-backed round four years ago.

The Soracom and Ericsson-backed software development and management technology provider has raised $14.4m in a round that included General Electric unit GE Ventures.

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

DeNA has set up a $92.5m investment fund that will be run by its nascent corporate venture capital unit, Delight Ventures.

The Tencent-backed item location technology maker collected $45m in a Francisco Partners-led round that increased its funding to more than $104m to date.

Dentsu, Dai-ichi Life and Persol are among the investors that provided $20.4m for the product-management technology developer.