IT

Bloomberg-backed data analytics platform InfluxData has completed a $60m series D round led by Norwest Venture Partners, almost doubling its overall funding in the process.

Corporate venturing unit GM Ventures is set to exit high-definition mapping software provider Ushr in an acquisition by Dynamic Map Platform.

Stanford-backed wifi system developer Eero has been picked up by Amazon after launching a product designed to provide high performance for devices including smart home products.

6Estates had previously raised $2m of funding for its market intelligence products based on research from NUS and Tsinghua University.

Corporate venturing unit REV Venture Partners returned for a series C round that took the total raised by the data collaboration platform developer to $50m.

The AI-based customer analytics software developer, which counts Tencent as an investor, has increased its series B round to $29m and its overall funding to almost $40m.

The corporate venturing units of Semapa and KPN have contributed to Armilar's TechTransfer Fund, which has raised almost $51m on its way to a target of about $68m.

Kaust is preparing for the third phase of its Taqadam startup accelerator, which is supported by a host of Saudi Arabian academic institutions and claims to have achieved a 35% female participation rate.

UAEpreneurs will operate with support from University of Manchester’s Middle East Centre in Dubai, providing 10 mainly digital-focused startups the opportunity to raise $50,000 to $250,000 in capital.

The commercialisation firm will cut cash operating expenses by more than 40% year-on-year, while SciFluor Life and Precision Biopsy received $9m in financing between them.

Cybersecurity software producer Illumio, which counts Juniper Networks among its backers, has now raised a total of more than $333m from five rounds.