IT

Reports that Slack was set to raise $500m in its forthcoming round seem to have been premature, but SoftBank and Accel reportedly are set to co-lead the round.

Cybersecurity software provider 360 Enterprise Security Group was among the participants in a series A round for data security startup SkyGuard.

Growth equity firm Viola Growth led a round that took Naspers-backed online market intelligence provider SimilarWeb's overall funding to $112m.

Verizon Ventures, Robert Bosch Venture Capital, Dell Technologies Capital and CME Ventures all invested in the data analytics technology provider, which is valued at $100m.

ST Engineering Ventures will focus on startups developing technologies relevant to its parent company, such as robotics, data analytics and cybersecurity.

Alphabet-backed point-of-sale technology developer Toast has added $101m to its coffers to fund further development of its cloud platform.

The corporate is expected to co-lead a round that would value the GV and Comcast-backed workplace communication platform at $5bn post-money.

Enterprise-focused venture firm Work-Bench has secured an undisclosed amount of capital from Wipro's corporate venturing unit, representing its second fund investment.

Phone number recognition startup Teddy Mobile has now raised $29m in total, after securing an undisclosed amount in a round co-led by Fosun RZ Capital.

Innoetics, a text-to-speech developer based on research at Athena, has been acquired by Samsung in the highest value exit of a Greek spinout in decades.

Existing investors SoftBank and Didi Chuxing invested $2bn at a $6bn post-money valuation, and Grab aims to use the money to expand its services far beyond ride hailing.