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

Mavenir scores $100M to pad open RAN efforts

Mavenir scooped up $100 million in new funding to help boost the open radio access network (RAN) vendor’s position in the still coalescing 5G market. The latest funding round was led by Mavenir’s largest equity shareholder Siris, “along with investment from two highly strategic ecosystem partners,” the vendor added.

Mavenir President and CEO Pardeep Kohli in a statement said the proceeds would be used to “accelerate our capabilities in automation, sustainability and use of [artificial intelligence] as we enable our customers to efficiently deploy and operate open RAN-based end-to-end cloud-native networks.”

Verizon puts another $1B green bond where its mouth is: renewable grid energy

Verizon issued its fifth green bond for $1 billion in recognition of the fact that the carrier cannot rely upon on-site renewable energy to address the full environmental impact of powering its core products: 5G, 4G LTE and fiber backbone networks.

“We have to run them as efficiently as possible. Ergo, energy is our opportunity,” Verizon Chief Sustainability Officer (CSO) and SVP of Global Supply Chain Jim Gowen told SDxCentral.

Nvidia grabs US funding for data center cooling research as AI impacts rise

Nvidia was awarded $5 million from the United States Department of Energy (DOE) to develop a data center cooling solution that combines two-phase direct-to-chip and immersion cooling techniques using low-global warming potential (GWP) refrigerants and per- and polyfluorinated alkyl substances (PFAs) that comply with environmental regulations.

The funding is part of the DOE’s Cooling Operations Optimized for Leaps in Energy, Reliability and Carbon Hyperefficiency for Information Processing Systems (COOLERCHIPS) program, which has also awarded funds to projects at HP, Flexnode, Intel Federal, universities and research centers. Nvidia’s award of $5 million represents the most amount of funds given to a project through the DOE program.

More Money Moves

CoreWeave announced it raised an additional $200 million in Series B funding,

Lumeus.ai launches with $6 million in seed funding.

IBM acquired cloud data protection provider Polar Security.

Veerum secures $9.3M funding round for digital twins technology.

Managed security platform provider Huntress raised $60 million in a Series C funding round.

Qlik announced it has closed its acquisition of Talend.

Waterplan announced it has closed $11 million Series A financing round.

Secom Co., announced that it is investing a combined $192 million in the two cloud physical security companies — $100M in Eagle Eye Networks and $92M in Brivo.

Cortex announced $35 million in Series B funding led by IVP with participation from Craft Ventures.

Qualcomm announced that it has entered into a definitive agreement to acquire Autotalks.

Aligned Data Centers completed the acquisition of Latin America data center provider Odata.

Mining communications technology platform provider Vrify announced that it has raised $6 million in Series A funding.

Tipalti secures $150 million in growth financing.

Bloomfilter raises $7 million in seed round.