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Page 3

BetterCloud settles $75m round
The Dropbox-backed software management platform developer has now raised approximately $187m to date, Warburg Pincus leading its latest round.
Directly develops latest round to $31m
M12 and Samsung Next helped add $11m to a first tranche that closed in January, taking the customer service software developer's overall funding to more than $63m.
Aqua Security accepts $30m
Microsoft-backed cybersecurity automation technology provider Aqua has now raised in excess of $130m, having closed a series D round led by Greenspring Associates.
Sobot sucks in series C funds
Smart customer service technology provider Sobot received $29.5m in a round co-led by Yonyou, with the cash earmarked for product development and marketing.
Leyan lets in series C1 funding
The customer service technology developer has raised $21.1m from investors including Beijing Kunlun Technology in a round co-led by Blue Lake Capital and Eastern Bell Venture Capital.
Cyberbit seizes $70m from Charlesbank
Elbit Systems is now a minority shareholder in cybersecurity training spinoff Cyberbit, which has received primary and secondary funding from Charlesbank Technology Opportunities Fund.
SenseTime sets out stall for $1bn
The Qualcomm, Alibaba, Suning and Dalian Wanda-backed artificial intelligence software provider is reportedly seeking a $9.5bn valuation.
Data Grand takes $38m
The Haier and Legend Holdings-backed semantic computing technology provider secured funding in a series B-plus round led by Shenzhen Capital Group.
Matterport rattles the can for new funding
The 3D modelling software provider, which counts Qualcomm, PTC, Ericsson, CBRE and News Corp as investors, has raised $39.1m on its way to a targeted $45.8m close.
AI and software development: the need for bespoke tools
Four-year growth of CVC-backed rounds for AI software, power shifts to cloud providers, specialised AI emerges for sectors

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