IT

Corporate venturing units M12 and Telstra Ventures co-led the $15m second tranche of a round for data analytics platform Incorta that already included GV.

The endpoint security software producer has hired Goldman Sachs for an initial public offering that would enable Alphabet, Rackspace and Telstra to exit.

Open-source cybersecurity software provider WhiteSource has raised cash in a series C round led by Susquehanna Growth Equity that included Microsoft's M12 unit.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

AI software development tool provider Paperspace got backing from Intel Capital in a series A round that will support its upcoming product launches.

The Relx-backed data miner could double its valuation to $41bn in the proposed offering, according to prospective underwriters.

Source Code Capital and an unnamed sovereign wealth fund have provided capital for Edianzu, the IT equipment supplier backed by Lakala.

Tencent-backed customer analytics platform developer Stratifyd has now raised $36m altogether and will use the latest funds for product development and international growth.

Intel-backed Yottaa boosted its total funding to almost $64m as it prepares to take its e-commerce web performance tools into international markets.

The mobile cybersecurity technology developer has added $28.8m in a Gaocheng Capital-led round that came just over a year after a Fosun RZ-led round.

Peter Berg, who helped set up Visa Ventures during his stint at the corporate, is Very Good Security's new vice-president of business development and strategy.