Here are some of the most prominent venture capital and merger and acquisition news items from the past month. If you’d like SDxCentral to report on your company’s VC or M&A activity in our monthly Money Moves section, or if you have any tips on that activity, please send the information to Sydney Sawaya ([email protected]).

T-Mobile US appears to be the busiest and most overachieving mobile network operator in the country, if not the world. During the next three to four years it plans to spend $40 billion upgrading network infrastructure spanning at least 50,000 cell sites, push coverage deeper into rural America, and deliver a fixed broadband footprint that reaches half of U.S. households.

“I’ve never had this level of production in terms of radio upgrades and programs running through the team,” Neville Ray, the operator’s president of technology, said during an investor conference.

The prizes achieved through that effort, riding in part on its recently closed merger with Sprint and its coveted mid-band spectrum, are both short and long term. The operator recently activated the world’s first standalone (SA) 5G network operating on a 5G core, and its cell site upgrade activity is accelerating amid an ongoing COVID-19 crisis that is fueling uncertainty and disrupting guidance throughout the industry.

Equinix said it will pay $161 million for two GPX Global Systems’ data centers in Mumbai, India. The deal expands Equinix’s data center footprint to a new country, and it’s a strategic move for the interconnection giant.

Under the agreement, Equinix will acquire GPX India’s business consisting of a fiber-connected campus in Mumbai with two data centers adding more than 1,350 cabinets with an additional 500 cabinets at full buildout. The facilities will add more than 90,000 square feet of colocation space to Platform Equinix when fully built.

Equinix expects the acquisition will close in the first quarter of 2021. The GXP India purchase follows several acquisitions and expansions over the last 12 months.

Informatica acquired GreenBay Technologies for an undisclosed amount.

Networking and security startup Perimeter 81 closed a $40 million Series B round led by Insight Partners. The new investment brings its total raised to $65 million in less than eight months.

Agiloft announced a $45 million growth equity investment from FTV Capital.

Sumo Logic filed for a $100 million initial public offering.

Telefónica Tech’s cybersecurity company ElevenPaths acquired Govertis, a cybersecurity consultancy firm, for an undisclosed amount.

Rackspace Technology announced the pricing of its initial public offering at $21 per share.

Verizon Ventures led a $4.5 million Series A financing round in PICadvanced.

Cisco completed its acquisition of ThousandEyes. Financial terms of the deal were not disclosed, however,  Bloomberg, which broke the news in May, reported it was nearly $1 billion. The vendor also penned a deal to acquire Silicon Valley-based speech science technology provider BabbleLabs. Financial terms of the deal were not disclosed.

Silverfort announced a $30 million Series B funding round led by Aspect Ventures. The latest funding round brings the total investments in the company to $41.5 million.

Self-learning email security provider Ironscales bagged an $8 million Series B extension the $15 million previously contributed by current investor K1 Investment Management.

SiFive, a rival to Arm in the open-source semiconductor space, secured an additional $60 million in funding from investors including SK Hynix and Saudi Aramco.

Digital Realty announced the 6,000 square foot colocation expansion of its One Century Place facility in Toronto.

Banqsoft, a Norway-based subsidiary of KMD, a Denmark-based subsidiary of NEC, penned a deal to acquire Norwegian software company Concent.

Israeli security startup Adaptive Shield emerged from stealth with $4 million in seed funding from Vertex Ventures

Gong completed a $200 million Series D funding round bringing the company’s valuation to $2.2 billion. The revenue intelligence platform provider has raised a total of $334 million to date.

Keeper Security announced the close of a $60 million minority investment by Insight Partners. This marked the company's first equity raise since its inception.

Cyber fusion and threat intelligence automation company Cyware raised a $10 million Series A round led by the Prelude Fund and Tanium.