IT

Qihoo 360, Sprint and Samsung have exited the eye verification technology provider, which had reportedly raised about $13m in venture funding.

The cybersecurity technology producer, created by corporate-backed incubator Team8, has emerged from stealth with $32m in funding from investors including Mitsui.

Sapphire Ventures has raised $1bn in capital from its sole sponsor, software provider SAP, and will divide it into a $300m early-stage fund and a $700m growth fund.

The gaming product maker has formed a $30m fund called zVentures which will target sectors including virtual reality, game development and connected devices.

Simon Property, Cisco, General Electric and Acuity Brands are set to exit LED technology provider Sensity Systems, which will be bought by Verizon.

Foxconn is the anchor investor in a $300m dollar-denominated fund closed by VC firm Sinovation Ventures alongside a $375m renminbi fund.

Baidu Venture will target artificial intelligence, virtual and augmented reality startups, and will operate separately to Baidu's existing CVC activities.

Intel has reportedly agreed to buy the semiconductor technology developer in a $250m deal that will provide exits to AMD, Samsung and GlobalFoundries.

The Medtronic and Bausch & Lomb-backed eye care medical device maker has raised $66m in a KKR-led round that took its total funding to more than $215m.