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Cisco is in the news for not so positive reasons following the walkout of its spin-in team.
Exits
Line, the messaging platform, wholly-owned by Naver, is aiming for $1bn in proceeds at a valuation of $5.5bn
Thailand-based back-office services provider Netbay is aiming for a $4.5m flotation on the domestic stock exchange.
Singapore Press Holdings is also due to celebrate an exit, with its portfolio company Smaato, a mobile advertising company, close to being acquired by Spearhead Integrated Marketing Communication for $148m.
Investments
Rylance is a company is using artificial intelligence to predict even never-before-seen attacks, stop intrusions before disaster strikes and learn from previous threats – and with a first close at $100m for its series D round, it’s well equipped to bring its software to even more clients.
SundaySky, a marketing company with software that produces personalised video campaigns with real-time info such as product pricing, closed a $30m series D round.
Weka.io meanwhile welcomed Qualcomm Ventures to a series B round that increased the startup’s total funding to $32m.
A $30m series C round for Moogsoft, a software developer that’s created a platform to detect issues such as outages or failed transactions in real-time.
Qadium, backed by O’Reilly Alphatech Ventures, has attracted $20m in series A capital from Darpa, the US Pentagon’s investment division.
DocPlanner books in EBRD for $20m series C.
Funding
Salesforce Ventures has announced a $50m fund and incubator to help its corporate parent establish an ecosystem around its software development platform Lightning.
News from Global Government Venturing
Microsoft Accelerator partners Temasek.
Jungle returns to bare necessities with SeedPlus.
Turkey to grow with $224m fund.
Indonesia’s Bekraf draws VC support for creative upturn.
Delft offers a helping hand to $112m fund.
News from Global University Venturing
Pittsburgh joins Osage network.
“Funky Chunk” Kevin MacLeod (incompetech.com)
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