IT

Verizon has joined existing investors including Alphabet and Nvidia to help the graphic-powered data technology spinout of MIT close its series A round.

The enterprise messaging company took its total funding to $540m, securing $200m at a $3.8bn valuation from backers including Alphabet and Comcast, showing there is still big late-stage money available for the right kind of company.

Verizon has joined existing investors including Alphabet and Nvidia to help the graphic-powered data technology company close its series A round.

East Anglia spinout Spectral Edge is working on technology to help colour-blind people better recognise individual colours.

GV returned for a second investment in the database technology developer, which was founded by former Google engineers.

The Russia-based conglomerate is partnering Tsinghua University's business arm and putting up 30% of the capital for a fund that will be sized at up to $100m.

The Russia-based conglomerate is partnering Tsinghua University's business arm and putting up 30% of the capital for a fund that will be sized at up to $100m.

Tableau Software has acquired Technical University of Munich spinout Hyper, a data visualisation technology developer.

The Intel-backed micro-virtualisation cybersecurity technology provider has now raised $115m in the past five years.

Following similar initiatives in countries such as Canada and France, Cisco has announced an India digitisation drive that will include a $40m corporate venturing fund.