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Page 2

Apple expends $200m on Xnor.ai acquisition
The edge computing technology developer has reportedly been purchased by Apple after raising less than $15m from backers including NGP Capital.
BoCloud beckons Nio for series C round
Nio Capital has led a $14.5m series C round for BoCloud that also attracted existing backer JD Cloud, a contributor to its last round.
Analysis: CapitalG’s $100m call to Armis
Insight Partners agreed to acquire IoT security software provider Armis in a rollover transaction that featured a $100m commitment from Alphabet. The deal forms part of the IoT space to which corporates have not been indifferent over the past decade.
Corporate venturing deal net: 6-10 January 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Sisense secures $100m
Access Industries invested in the data simplification software producer as part of a round that lifted its overall funding to $300m and its valuation above $1bn.
Soul Machines sources $40m
The avatar software provider has ramped up its series B round to $40m, adding Salesforce Ventures to a consortium that already included Daimler.
NextData processes $73m series C
The digital risk-management platform developer took in the funding through a round that was co-led by Tencent and backed by existing investor Baidu.
Megvii gets permission for Hong Kong IPO
The Alibaba and Foxconn-backed image-recognition and artificial intelligence technology provider is expected to raise about $500m in the offering.
Insight Partners imports Armis in $1.1bn deal
Insight Partners is acquiring the IoT security software provider through a transaction that will include $100m from Alphabet subsidiary CapitalG.
BigID bills $50m from Tiger Global
Comcast, SAP and Salesforce-backed data protection software provider BigID took its total funding to more than $146m, raising $50m from Tiger Global Management.

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