IT

Alphabet and Slack have exited business intelligence software provider DataFox in an acquisition of undisclosed size by Oracle.

SenseTime will provide technology assistance as well as capital, having invested in IoT and AI technology provider Terminus Technologies' latest round.

Meritech Capital and Sapphire Ventures led the machine learning technology provider's series D round, which did not include existing corporate investors Intel, Recruit and New York Life.

Cloud security software provider Dome9 has been acquired by Check Point for $175m plus stock and options, following $29m in funding from investors including SoftBank.

UC Berkeley's Skydeck accelerator has launched a semiconductor-focused scheme in partnership with strategic backers SiFive, Cadence and TSMC.

Cloudflare, which has raised more than $180m from investors including Microsoft, Baidu, Qualcomm Ventures and GV, could command a $3.5bn valuation in the offering.

The Flex spinoff is developing industrial robotics software and has secured $179m in a series A round led by Eclipse Ventures, which was founded by Flex alumnus Lior Susan.

Fortinet has acquired Edinburgh Napier spinout ZoneFox for an undisclosed sum and will integrate the company’s machine learning technology into its own cybersecurity offering.

SenseTime and Alibaba’s Hong Kong AI and Data Laboratory has chosen its first cohort, with each startup set to receive $100,000 in funding plus office space and access to AI resources.

Jim Brisimitzis has left his role heading Microsoft for Startups to become a managing partner at venture capital firm and accelerator Quake Capital.

UC Berkeley SkyDeck has partnered TSMC, Cadence and SiFive to launch an accelerator track aimed at semiconductor technology developers called Chip Track.