IT

MIT machine learning interface spinout Pienso has been backed by Eniac Ventures, SoftTech VC, Indicator Ventures and E14 Fund.

Alibaba has led a $27m tranche that doubled MariaDB's series C round to $54m and took its overall funding to $93m.

The Stanford-StartX fund-backed cloud computing optimisation platform has brought in $30m in a round that took its total funding to $140m.

International financial transfer platforms TransferWise and Remitly each announced nine-figure rounds last week, highlighting the growth of the sector.

Proceeds from open-source commerce software developer Reaction Commerce's GV-led series A round will be used for hiring and product development.

The Telstra-backed cloud computing optimisation platform has brought in $30m in a round led by ST Telemedia that took its total funding to $140m.

The $460m funding round for Megvii, also known as Face++, featured a host of corporates: Foxconn, SK Group and Ant Financial.

The two institutions have chosen 16 cybersecurity teams from Israel and Germany to receive almost three months of training.

Software management technology provider Black Duck Software had raised more than $70m in funding from investors including Intel, Siemens and Red Hat.

The Dalian Wanda-backed deep learning technology provider is aiming to raise the funding at a $2bn valuation.