Venture Capital Deals

Airbnb Inc. is in “advanced talks” to raise between $400 million and $500 million in new funding at a valuation in excess of $10 billion, according to the WSJ. TPG Capital is expected to lead the round.www.airbnb.com

Tango, a Mountain View, Calif.-based text and video messaging app developer, has raised $280 million in new VC funding at a valuation of around $1 billion. Alibaba Group led the round with a $215 million commitment, in exchange for a minority stake. The remainder was filled out by existing Tango investors, who previously had disbursed $80 million. Read more at Fortune.

Coupa Software, a San Mateo, Calif.-based provider of cloud-based solutions for finance, has raised $40 million in Series F funding. Meritech Capital Partners led the round, and was joined by Icon Ventures, Northgate Ventures and return backers Crosslink Capital, Mohr Davidow Ventures, Battery Ventures, El Dorado Ventures and Blue Run Ventures. The company had previously raised $47.5 million. Read more at Fortune.

Nine Points Medical, a Cambridge, Mass.-based developer of in-vivo imaging solutions, has raised $34 million in Series B funding. Corning Inc. led the round, and was joined by return backers Third Rock Ventures and Prospect Venture Partners. www.ninepointsmedical.com

Glo AB, a developer of nanowire light emitting diodes for illumination markets, has raised $30 million in Series D funding. An undisclosed new investor led the round, and was joined by return backers like Wellington Partners, Teknoinvest, Nano Future Invest, Energy Future Invest and Foundation Asset Management. Carnegie Investment Bank served as placement agent. www.glo-usa.com

Invendo Medical, a German maker of single-use and computer-assisted  colonoscopy system, has raised €20.3 million in new VC funding. Xeraya Capital led the round, and was joined by an unidentified German family office and return backers TVM Capital, Wellington Partners and 360° Capital.www.invendo-medical.com

Saffron Technology Inc., a seven year-old data analytics company, has raised $7 million in Series B funding led by Intel Capital. The company also reportedly plans to move its headquarters from Cary, N.C. to Silicon Valley. www.saffrontech.com

Pleygo, a startup which rents Lego sets to kids through monthly subscriptions, has raised $6.7 million in new VC funding, Fortune has learned. Allegro Venture Partners led the round, and was joined by Floodgate, Correlation Ventures, Maven Ventures and Western Technology Investments. Read more at Fortune.

LeanData Inc., a Sunnyvale, Calif.-based provider of lead management software for Salesforce.com, has raised $5.1 million in Series A funding. Shasta Ventures led the round, and was joined by Felicis Ventures, Correlation Ventures and the Funders Club. www.leandatainc.com

Active Operations Management International (AOMi), a British provider of cloud-based back office workforce optimization software, has raised £5 million in new VC funding led by Calculus Capital.www.activeops.com

Gigas, a Spain-based cloud hosting provider, has raised $2.7 million in new VC funding from return backers Cabiedes & Partners, Bonsai Venture Capital and Caixa Capital Risc. Proceeds will be used to expand in Latin America. www.gigas.com

Choozle, a Denver–based provider of an end-to-end digital marketing platform, has raised $1.8 million in seed funding led by Great Oaks Venture Capital. www.choozle.com

CitiusTech, a Princeton, N.J.-based provider of business process services and IT solutions to the healthcare sector, has raised an undisclosed amount of equity funding from General Atlantic.www.citiustech.com

Private Equity Deals

Advent International, Bain Capital and ATP are in exclusive talks to acquire Nordic card payment company Nets Holding AS for upwards of $2.8 billion, according to Bloomberg. www.nets.eu

Court Square Capital Partners has agreed to acquire a majority stake in Conterra Ultra Broadband Holdings Inc., a Charlotte, N.C.–based provider of infrastructure-based broadband services. Sellers include affiliates of Goldman Sachs, Duke Energy and GE Capital. No financial terms were disclosed. www.conterra.com

DISA Global Solutions, a Houston, Texas-based provider of workplace safety and compliance services, has acquired RS Occupational Health, a Scotland-based provider of occupational health services largely for workers in the oil and gas industry. No deal terms were disclosed, except that Fifth Street provided debt financing. DISA is owned by The Riverside Company. www.disa.com

Excellere Partners has acquired and merged Frontline Energy Services (Flagstaff, Ariz.) and G2 Partners (Houston, Texas), to form a provider of integrity and risk management solutions for the energy and utility industries No financial terms were disclosed. www.excellerepartners.com

Trinity Services Group, a portfolio company of H.I.G. Capital, has acquired Swanson Services Corp., a Denver–based provider of commissary products and integrated software services to correctional facilities. No financial terms were disclosed. www.trinityservicesgroup.com

IPOs

Europcar Groupe, a France-based auto rental company owned by Eurazeo, has hired Rothschild to lead an IPO, according to Les Echos. www.europcar.com

Q2 Holdings Inc., an Austin, Texas-based provider of cloud-based virtual banking solutions, raised $101 million in its IPO. The company priced 7.76 million shares at $13 per share (high end of $11-$13 range), for an initial market cap of approximately $415 million. It will trade on the NYSE under ticker symbol QTWO, while J.P. Morgan and Stifel served as lead underwriter. Q2 reports an $11 million net loss on $41 million in revenue for the first nine months of 2013, compared to a $6 million net loss on $29 million in revenue for the year-earlier period. Shareholders include Adams Street Partners (37.6% pre-IPO stake) and Battery Ventures (18.5%).www.q2ebanking.com

Tarena International Inc., a provider of professional education services in China, has set its IPO terms to 15.3 million American depository shares being offered at between $8 and $10 per share. It plans to trade on the Nasdaq under ticker symbol TEDU, with Goldman Sachs (Asia) and Credit Suisse serving as lead underwriters. The company reports $14 million in net income on $93 million in revenue for 2013, compared to $9.5 million in net income on $57 million of revenue for 2012. Shareholders include Goldman Sachs (29%), IDG Ventures (23.6%), Jafco Asia Ventures (15%) and Connion Capital (6.9%). www.tarena.com.cn

M&A

Euromedic International, a Budapest-based provider of healthcare services throughout Europe, is on the block for approximately $1 billion, according to Bloomberg. The company is currently owned byAres Management, Montagu Private Equity and Merrill Lynch Global Private Equity.www.euromedic-group.com

Horizon Pharma (Nasdaq: HZNP) has agreed to acquire Vidara Therapeutics, an Alpharetta, Ga.-based provider specialty pharma company, for $660 million in cash ($200m) and stock. Sellers include 

Altiva Capital and DFW Capital Partners. www.horizonpharma.com
Lifetime Brands Inc. (Nasdaq: LCUT) has acquired La Cafetière, a UK–based maker of products to brew and serve coffee and tea (including a French press), from The Greenfield Group. No financial terms were disclosed. Livingstone managed the process. www.lacafetiere.com

M and M Direct, a discount fashion website backed by TA Associates, is seeking a buyer for upwards of £150 million, according to The Guardian. www.mandmdirect.com

TreeHouse Foods Inc. (NYSE: THS) is considering a bid for Michael Foods Group Inc., a dairy company owned by GS Capital Partners, according to Reuters. Michael Foods is expected to sell for at least $2 billion, with Tyson Foods (NYSE: TSN) said to be circling. www.michaelfoods.com

Santillana, a publishing house owned by Spain’s Promotora de Informaciones, has agreed to sell its trade book unit to Penguin Random House, a unit of Pearson PLC (LSE: PSON).www.penguinrandomhouse.com

Senstar Corp., a Canadian maker of perimeter intrusion detection systems, is merging with Optellios, a Newtown, Penn.–based provider of fiber optic sensing technology. No financial terms were disclosed. Senstar is currently owned by Megal Security Systems (Nasdaq: MAGS), while Optellios shareholders include Adams Capital Management and H.I.G. Growth Partners. www.senstar.com

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