IT

New Enterprise Associates has led the first tranche of a series C round for the machine learning platform, which is backed by Intel, Recruit and New York Life Insurance.

The Alphabet and Qualcomm-backed data software producer has reportedly hired Goldman Sachs for an IPO expected to raise between $150m and $200m.

Mitsui, Samsung, Liberty Interactive and Delek Motors all took part in a series D round that boosted the autonomous car chipset maker's total funding to $70m.

Cybersecurity startup Bayshore Networks has completed an oversubscribed round backed by Yokogawa and Samsung Next Fund.

Google joined existing investors including Western Digital for a round that boosted the data storage provider's total funding to $97m.

Data storage technology provider Reduxio Systems has secured $22.5m out of a targeted $32m from investors including Intel Capital and Seagate Technology.

The Machine Learning Startup Competition will enable the winner to secure up to $1m from venture capital partners Data Collective and Emergence Capital.

Dell Boomi has paid an undisclosed amount to buy application development platform ManyWho, giving an exit to Salesforce Ventures.

Tokio Marine HCC and WR Berkley have funded a series B round for the weather prediction software developer, more than doubling its total funding to $30m.

The software integration specialist floated above its range on Friday in an offering that could be the first of some hefty returns for Salesforce Ventures' stable of unicorns in 2017.