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Information Technology

Qianxun positions itself for $141m series A
The global positioning technology producer, which was co-founded by Alibaba and Norinco, secured the cash at a $1.84bn valuation.
Safran reloads corporate venturing unit
The aerospace manufacturer has put an additional $33.5m into its Safran Corporate Ventures unit, four years after it was launched with more than $55m in capital.
Flashpoint sparks interest to raise $34m
Bloomberg and Cisco-backed risk intelligence software developer Flashpoint has received $6m in equity financing together with $28m of debt.
Corporate venturing deal net: 14-18 October 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Pendo progresses to $100m series E round
Salesforce-backed app assessment platform Pendo has achieved unicorn status following a series E round that nearly doubled its total funding to $206m.
Pensando presents itself with $145m
The edge computing technology developer revealed it has raised a total of almost $280m, $145m coming from a series C round co-led by HPE.
LeapMind jumps to series C stage
Aioi Nissay Dowa, Toyota Motor, Mitsui and SBI Group have provided $32.2m for the deep learning technology producer, bringing its overall funding past $45m.
Algolia reaches $110m goal in latest round
Salesforce Ventures contributed to a series C round that took the online search software provider's total funding past the $180m mark.

Other News

Tsign points investors to $100m series C
E-signature technology provider Tsign raised the cash in an Ant Financial-led round that boosted its total funding to more than $130m.
Corporate venturing deal net: 7-11 October 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Forward Networks advances to $35m series C
Goldman Sachs has thrown its weight behind Forward Networks, bringing the networking technology producer’s total funding to more than $62m.
RapidSOS wraps up $55m series B
Emergency response support platform RapidSOS added $25m to close a series B round that already featured CSAA and Microsoft's M12 unit.
NS1 nabs $33m in series C round
Dell, Cisco, Salesforce, Deutsche Telekom and Telstra all participated in a round that boosted web traffic management technology provider NS1’s total funding to more than $85m.
Unqork cracks open $80m series B
Unqork has now raised $110m in total, CapitalG having led a series B round featuring earlier backers that include Goldman Sachs Principal Strategic Investments.

Editor's Picks

Cloudflare clocks up $525m in IPO
Alphabet, Baidu, Microsoft and Qualcomm all notched up exits as the cloud services provider floated above a range that had already been increased.
Megvii makes for Hong Kong to IPO
The Alibaba and Foxconn-backed facial-recognition technology developer has filed for an offering that is reportedly set to raise $500m to $1bn.
Interview: Rajesh Swaminathan, Applied Ventures
Rajesh Swaminathan, head of Applied Ventures, spoke to GCV about his unit increasing its investment as it prepares to bring its New York engineering services facility online.
Slack slides into public markets
The SoftBank, Comcast and Alphabet-backed communication platform developer saw its shares pop and its market cap climb nearly 50% to $19.5bn following its direct listing.
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