IT

Cisco, Salesforce and ServiceNow are set to record exits as the software integration platform developer files for a $100m initial public offering.

The 3D imaging technology developer will use the capital from a Robert Bosch-led round to market its products to autonomous car developers.

Softbank could be seen as building a capability to understand and see full public and private dealflow and have the financial tools to utilise insights gathered from trends identified in its operational businesses, such as the customers of its Sprint or Arm businesses.

Verizon Ventures has exited drone management software developer Skyward through an acquisition by its parent company.

XL Catlin's corporate venturing representative joined several venture capital firms to invest $14m in the property data platform.

The property developer's Shea Ventures unit was among the participants in a round that boosted Steelwedge's overall funding to more than $51m.

The virtual reality imaging technology provider has now raised $200m in total, securing new funding in a round backed by Qualcomm, Foxconn and Huayi Brothers.

IQT, which is one of the world's most active strategic investors with more than 40 new deals last year, confirmed her appointment but declined to comment.

The enterprise service desk software provider has added Salesforce Ventures to its investor base in a round that increased its overall funding to $44m.

E2 Open has acquired Shea Ventures-backed business planning software producer Steelwedge, which had raised about $52m in funding, in an all-share deal.