IT

University of Virginia Seed Fund returned to back industrial cybersecurity spinout Mission Secure in a round co-led by Chevron Technology Ventures and Energy Innovation Capital.

American Family Insurance was among a string of limited partners for the growth equity firm's ninth fund, which was oversubscribed from its $300m target.

SK Hynix and existing investor Infosys both contributed to a series B round for software-defined server technology provider TidalScale.

The Bloomberg-backed web content delivery network provider boosted its overall funding to more than $44m in a Kleiner Perkins-led round.

Canada’s Strategic Innovation Fund will provide $19.2m for accelerator Creative Destruction Lab over four years with the aim of supporting more than 1,300 science-focused companies.

Capital One Growth Ventures returned to invest in the data warehousing software provider as part of a round that more than doubled its post-money valuation.

Goldman Sachs Private Capital Investing added series E funding to some $58m from earlier investors including Alphabet, Seagate and CenturyLink.

Deutsche Telekom Capital Partners has invested $10m in CRM software provider PipeDrive, enabling the company to close its series C round.

Lenovo joined a trio of VC firms for Yunshan Networks’ series B-plus round, bringing the total raised by the IT networking services provider to $26m.

The university’s Office of Technology Transfer launched 21 spinouts while achieving a 10% rise in inventions disclosed and a record number of licences and options agreed.

Facial recognition system developer CloudWalk Technology has secured an undisclosed sum in a round that included leasing services firm Bohai Capital.