IT

Salesforce is set to record a significant exit from cloud services provider Appirio, which had raised about $112m, in a $500m purchase by Wipro.

In-Q-Tel has been revealed as an investor in MIT spinout MapD's series A round, which raised $12m in April 2016 from Verizon, Nvidia, Alphabet and others.

The General Electric-backed visual collaboration technology producer took its overall funding to more than $100m in a round that will support product development.

Several Canada-based banks have provided $20.5m in funding for SecureKey to support the development of a digital identity network it plans to release next year.

Based on research conducted at MIT Media Lab, Oblong Industries is developing spatial, gesture-enabled technologies and has now added Utimco to its shareholders.

Dinesh Moorjani has been appointed as managing director based in Santa Monica for Comcast Ventures, having previously run IAC's Hatch Labs incubator.

Morningstar's acquisition of portfolio company Pitchbook has shown the worth of the capital markets data segment to players such as Thomson Reuters and Dow Jones.

Comcast Ventures was among the investors in the wifi service provider's series A round, and the company plans to begin work on a $15m series B next month.

Discovery Communications' $100m investment in newly formed digital media holding company Group Nine Media is part of a trend in consolidation as online media moves further toward video.