IT

Mesmer has emerged out of stealth with a $15m series A round led by Intel Capital to launch an AI platform that automatically detects bugs in software.

AppLovin has purchased the producer of a management platform for mobile software development kits, handing an exit to Samsung.

Menlo Security has now raised approximately $150m altogether, with American Express Ventures and HSBC both returning for the latest round.

Building on UC Berkeley research, cybersecurity software company Menlo Security has now raised approximately $150m altogether.

Analysis: Q2 2019

The latest note by data provider PitchBook found that, in the context of growth in corporate venture capital, the most active CVC arms it examines have shown a strong historical performance and corporate-backed portfolio companies have reaped benefits in the form of higher exit chances and lower bankruptcy rates

Innovative region: Switzerland

It has been a remarkable decade for innovation capital. More than $1 trillion of venture capital had been invested by the end of last year, according to data provider Pitchbook, driven by corporations engaging in more than half that total, according to GCV Analytics.

Sector Analysis: Information Technology

Monthly analysis: June 2019

RT Invest and RZD Technologies have put up 20% of the capital for a fund that will support wireless network devices and IoT technologies in transport and logistics.