IT

Software-defined storage technology developer Weka.io has attracted series B capital from investors including Qualcomm, boosting its total funding to date to $32m.

Salesforce has revealed a new investment vehicle, named Lightning Fund, and incubator that will focus on early-stage cloud startups.

The data analytics firm has landed its first strategic investment in a potentially record deal for Southeast Asia.

Wieden + Kennedy-backed Cloudability has pushed its total capital to $40m following a series B round led by Foundry Select Fund.

Singtel, Cisco and HCL Technologies have contributed to an oversubscribed series C round that also included Temasek-owned Singapore Technologies Telemedia.

Exits with corporate investor involvement are consistently larger and becoming more frequent.

Google Capital, which participated in a $70m series F round in January last year, is among the investors who returned for a $40m funding round led by T Rowe Price Associates.

OpenText is set to acquire Recommind for $163m, giving an exit to SAP-backed Sapphire Ventures.

The RFID technology developer, backed by investors such as UPS and Intel, has filed for a $60m IPO after previously withdrawing a $100m offering in 2012.