IT

The SoftBank, Comcast and Alphabet-backed communication platform developer saw its shares pop and its market cap climb nearly 50% to $19.5bn following its direct listing.

UT Austin-founded graph data developer Capsenta has been picked up by Data.world, which has integrated the spinout’s technology with its own product.

Harvard's Root Robotics markets an educational coding robot that teaches children about computer programming and has now been acquired by iRobot for an unspecified amount.

NTT-backed data management software producer Druva has closed a $130m round led by Viking Global Investors and acquired M12-backed data transfer platform CloudLanes.

Essex Property Trust, UDR and Starwood Capital all contributed to a series B round that will fund the further deployment of SmartRent's intelligent home automation devices.

SMBC Venture Capital and YJ Capital are among the investors that provided $28m for the smartphone app development platform in a round led by Eight Roads Ventures Japan.

Capital One Ventures re-upped in the $21.5m round, which was led by C5 Capital and which took the database software provider's total funding to $35m.

Everactive has rebranded from PsiKick and secured $30m from investors including ABB Technology Ventures to boost its total funding to $63m.

University of Virginia-founded batteryless industrial IoT monitor developer Everactive was previously known as PsiKick, and has now raised a total of $63m in equity funding.

The email authentication software provider plans to grow its global footprint with a series C round featuring returning investor Bloomberg Beta and has now raised almost $84m in total.

The website optimisation tools provider increased its overall funding to $200m with an Accenture-backed series D round secured alongside a $55m credit facility from Bridge Bank.