UAE’s Souq.com raises $75m – Investment Round Up

Dubai-based Souq.com, an Arab e-commerce site, has secured a $75 million investment from Naspers, a South African media organization. Besides, Silent Herdsman, which produces wearables for cows, has received £3M ($4.9 million) in funding. Moreover, Waltham, MA-based Actifio, which provides copy data virtualization to customers, has gained $100 million in an oversubscribed investment round. Software defined storage company Amplidata has realized an $11 million investment led by Intel Capital and Singapore sovereign wealth fund GIC has pumped about $63 million into U.K.-based energy tech company Intelligent Energy Holdings. Moreover, there have been several Mergers & Acquisitions, including Palo Alto Networks buying cybersecurity startup Cyvera.