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Cathay Innovation Co-Leads US$35M Round In Trifacta

Cathay Innovation, a venture capital fund affiliated with Sino-Europe private equity firm Cathay Capital Private Equity, has co-led a US$35 million financing round in U.S. data wrangling firm Trifacta, according to a company announcement. Existing investors Accel Partners, Greylock Partners and Ignition Partners also joined the round, which brings the start-up’s total venture fundraising to over US$76 million. The company, based in San Francisco, says it will use the proceeds for product development and global expansion. Trifacta enhances the value …

CDH Investments Joins $16M Series B Round In BusinessBigData

Sichuan province-based big data firm BusinessBigData has received RMB100 million (US$16 million) series B round of financing from Sinolink Securities Co., Ltd, CDH Investments and another unidentified investor, according to Chinese media reports. The company previously received an undisclosed series A round from Shenzhen Fortune Venture Capital Co., Ltd. in April, according to its website.

Telstra Ventures Invests In Taiwan’s Gorilla Technology

Taiwan-based video big data and analytics technology firm Gorilla Technology Group has received an undisclosed series C round of funding from Telstra Ventures, the investment arm of Australian telecommunications and information services company, Telstra, according to a company announcement. The deal gives Telstra Ventures a minority stake in Gorilla, which plans to use the investment to enhance its core video big data and analytics platform, and strengthen its sales and marketing presence worldwide.

SIG Ventures Leads $20M Series B In Wecash

Beijing-based online credit rating platform Wecash has completed US$20 million series B financing led by SIG Ventures, according to Chinese media reports. The round reportedly values the company, which was established ten months ago, at US$100 million. In July 2014, the company received RMB40 million (US$6.6 million) series A financing from IDG Capital. Founded in April 2014, Wecash is a credit rating system based on big data technology. As of January 2015, the company has eight million registered users.

Renren Leads $10M Series B In FiscalNote

New York Stock Exchange-listed Chinese social networking firm Renren Inc. has led a US$10 million series B financing in Washington, D.C.-based big data legislation forecast start-up FiscalNote, Inc., according to a company announcement. Existing investors Visionnaire Ventures, New Enterprise Associates, Yahoo co-founder Jerry Yang’s AME Cloud Ventures, former CEO of America Online Steve Case, and billionaire entrepreneur Mark Cuban also participated in the round.

Arbor Ventures Reaches $100M First Close For Maiden Fund

Asia-focused venture capital firm Arbor Ventures has held a first close of US$100 million for its maiden fund, according to media reports. The fund has a fundraising target of US$125 million, and is expecting a final close next April. The International Finance Corporation is committing up to US$10 million into the fund, according to a memo posted on IFC’s website.

Big Data Firm Baifendian Receives $25M Series C

Beijing-based big data technology developer and service provider Baifendian Corporation has received US$25 million in series C financing, according to the company’s announcement. Details of the round’s investors are not disclosed. Baifendian previously received US$10 million series B financing from Zhejiang Shinkansen Media Investment and IDG Capital Partners in July 2013. Two years before that, Baifendian received US$7.2 million series A financing from IDG Capital Partners and Mingxin China Growth Fund, according to the company’s disclosures. The proceeds from the …