IT

Thomas Whiteaker, who helped spin out Propel Venture Partners from banking firm BBVA, has gone to IBM Ventures as a partner to oversee fintech investments.

Slack has confidentially filed for a direct listing that will allow SoftBank Vision Fund, Comcast Ventures and Alphabet unit GV to sell shares.

The corporate formed a partnership with data analysis technology provider Databricks in 2016 and has now invested, as part of a round that valued it at $2.75bn.

Intel Capital has now invested a total of $30m in three companies in the past few days, having led data automation software developer Catalytic's series B round.

Demisto, a cybersecurity technology developer that has raised $69m from investors including Slack and Wipro, is reportedly in talks concerning an acquisition by Palo Alto Networks.

REV-backed Palantir has cut the size of its stock options, effectively valuing itself at $11bn just four months after reports suggested it would seek a $41bn valuation for its IPO in 2019.

EPMG, the owner of Dubai-based real estate listing site Bayut, has increased its series D round to $100m following an investment from Exor subsidiary Exor Seeds.

The sales service provider collected $20m in the Salesforce Ventures-backed round, on top of $6.5m in debt financing from Silicon Valley Bank.

The cloud network security provider increased its overall funding to $34.5m in the Comcast Ventures-led round, which included Telia and National Grid.

Recruitment business Andela raised $100m series D round featuring Alphabet

Smart home technology manufacturer Sousei Technology also collected funding from Aioi Nissay Dowa Insurance in a round that will help it deliver upgrades and additional services.