MegazoneCloud, a Korean IT services provider that helps companies incorporate cloud-based systems, has raised $45 million from a group of domestic investors, including the National Pension Service (NPS).
Korea Development Bank, Korea Investment Holdings, KB Financial Group, and Nau IB Capital also participated. The deal is being touted as the largest Series A to date in the local cloud segment and follows...
Australian graphic design start-up Canva has raised $70 million from investors including US-based General Catalyst and Bond Capital, the new vehicle of Silicon Valley veteran Mary Meeker. It values Canva at $2.5 billion.
India’s Everstone Group has hired Suresh Vaswani (pictured), a former executive at Wipro, Dell, and IBM, as a senior director focused on investments in information technology (IT).
Sanjieke, a China-based vocational training services provider, has raised an RMB130 million ($19 million) in a Series B round of funding led by Wu Capital.