IT

Symantec Ventures will focus on opportunities in the cybersecurity sector, building on the investment in Appthority that the corporate conducted through subsidiary Blue Coat.

Baidu Ventures and Qihoo 360 Technology are among the backers of a funding round for Shumei Technology.

GV has led a series A round for Incorta, a real-time analytics platform that reduces query times from several hours to seconds.

The software company has set aside $20m to invest in startups and will move some of its human resources staff to manage the new corporate venturing subsidiary.

The analytics-as-a-service company backed by IP Group has raised $21.7m by placing 7.2 million shares.

Microsoft and Salesforce have taken part in a $15m series B round for Layer, a communications platform that previously obtained seed funding from Bloomberg.

The acquisition has provided an exit to shareholders including Axel Springer, Digital Garage and Alphabet.

The company, which previously obtained $31m in angel and seed capital from investors including Foxconn and SoftBank, has raised $100m in a series A round.

Data analytics provider Alteryx has filed for an initial public offering on the New York Stock Exchange, providing an exit to Thomson Reuters and Sapphire Ventures.

Foxconn is set to acquire a majority stake in the fund in return for $600m, with the deal expected to close on March 1.

The wireless technology developer is offering its Snapdragon 835 headset as a reference design to foster new products developed in just a few months.