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Deals of the day: Tanium raises $90 million


Venture Capital Deals

Tanium, a San Francisco-based systems and security management company, has raised $90 million from Andreessen Horowitz in its first round of VC funding since being launched in 2007. The deal was done at a reported valuation of $900 million.

Skyhigh Networks
, a Cupertino, Calif.-based provider of cloud visibility and control solutions, has raised $40 million in Series C funding. was joined by return backers Greylock Partnersand Sequoia

Dimension Therapeutics, a Cambridge, Mass.-based developer of gene therapies for rare diseases, has raised $30 million in new VC funding. OrbiMed was joined on the round by return backer Fidelity Biosciences.

Definiens AG
, a German provider of image analysis for digital pathology, has raised €15 million in new VC funding. Wellington Partners and existing shareholder Gilde Healthcare co-led the round. Other return backers included Cipio Partners and TVM Capital.

LIFX, an Australian maker of Wi-Fi enabled, multi-color LED light bulbs, has raised $12 million in Series A funding led by Sequoia

Ebury, a London-based provider of currency, trade finance, and treasury outsourcing services to small and mid-sized businesses, has raised £18 million in new private equity and debt funding led byGreylock

, a San Francisco-based platform for companies that want to provide employee perks and discounts, has raised $3 million in new seed funding led by Vegas TechFund. The company previously raised $1.5 million in seed funding.

Private Equity Deals

Bayside Capital, the credit affiliate of H.I.G. Capital, has acquired two portfolios of light industrial assets in the Netherlands for a combined value of €44 million.

Box, the VC-backed cloud storage startup that is in registration for an IPO, reportedly is in talks about a private equity infusion from TPG CapitalRead more.

Intercontinental Exchange (NYSE: ICE) has agreed to sell trading technology providers NYFIX andMetabit to ULLINK, a France–based provider of electronic trading solutions and connectivity to the financial community. No financial terms were disclosed for the deal, which is expected to close in Q3. ULLINK is a portfolio company of

KT Capital
 has acquired Advanced Estimating Systems, a Delray Beach, Fla.–based provider of estimating software for the construction industry.

Linden Care
, a Syosset, N.Y.-based pain-focused specialty pharmacy, has acquired Rancho Cucamonga, Calif.-based Quick Care Pharmacy for an undisclosed amount. Linden Care is a portfolio company of BelHealth Investment

The Riverside Co.
 has acquired Global Orthopaedic Technologies, an Australia-based maker of orthopedic implants and related devices. No financial terms were

Warburg Pincus has acquired the Wencor Group LLC, a Springville, Utah-based maker and repairer of aftermarket aerospace components, from Odyssey Investment Partners. No financial details were disclosed for the deal, which was managed by Harris Williams & Co.


Atara Biotherapeutics Inc., a Brisbane, Calif.-based drug company focused on muscle wasting conditions and oncology, has filed for a $50 million IPO. It plans to trade on the Nasdaq under ticker symbol ATRA, with Goldman Sachs and Citigroup serving as co-lead underwriters. Shareholders in the pre-revenue company include Kleiner Perkins Caufield & Byers (18.6% pre-IPO stake), Domain Associates (13.2%), DAG Ventures (13.2%), Baupost Group (11.8%), Celgene Corp. (8.7%), Amgen (8.6%) and Alexandria Real Estate Equities (5.3%).

FCB Financial Holdings Inc.
, a Weston, Fla.-based community bank with 54 branches in Florida, has filed for a $150 million IPO. It plans to trade on the NYSE under ticker symbol FCB, with Deutsche Bank, J.P. Morgan and BofA Merrill Lynch serving as co-lead underwriters. Shareholders include Franklin Mutual Advisors (9.3% pre-IPO stake), Elliott Management (8.5%) and Bond Street Investors (6.3%).

Ocular Therapeutix Inc
., a Bedford, Mass.-based developer of a ophthalmic therapies, has filed for an $86.25 million IPO. It plans to trade on the Nasdaq under ticker symbol OCUL, with Morgan Stanley, Cowen & Co. and RBC Capital Markets serving as underwriters. Shareholders in the pre-revenue company include Versant Ventures (19% pre-IPO stake), Polaris Partners (16.2%), SV Life Sciences (15.1%), Ascension Ventures (12.5%) and Baxter Healthcare Corp. (5.3%).

Smart & Final
, a Commerce, Calif.-based food and grocery retailer owned by Ares Management, has filed for a $100 million IPO. It plans to trade under ticker symbol SFS, with Credit Suisse serving as lead underwriter. The company reports $2.5 million of net income on $735 million in sales for the 12 weeks ending March 24, 2014, compared to $1.5 million of net income on $690 million in revenue for the year-earlier period. Read more at Fortune.


AMETEK Inc. (NYSE: AME) has completed its $280 million, or $19.25 per share, acquisition of Zygo Corp., a maker of precision measuring solutions that simultaneously delisted from the

Banco Santander
 has agreed to acquire GE Capital’s consumer finance business in Denmark, Norway and Sweden (GE Money Bank) for €700 million.

KPMG LLP has acquired Zanett Commercial Solutions, a Mason, Ohio–based business and technology consulting firm. No financial terms were disclosed.

Oracle Corp.
 (Nasdaq: ORCL) has agreed to acquire Micros Systems (Nasdaq: MCRS) for approximately $5.3 billion, or $68 per share (3.4% premium to Friday’s closing price). Bloomberg had reported in the middle of last week that the two companies were in merger talks.  Read more at Fortune.

Orix Corp. (Tokyo: 8591) has agreed to acquire a majority stake in Arrk Corp., a Japanese provider of development support to automakers and consumer equipment manufacturers, from tge Regional Economy Vitalization Corp. of Japan.

Wisconsin Energy (NYSE: WEC) has agreed to acquire Integrys Energy Group (NYSE: TEG) for $9.1 billion in cash and stock, or around $71.47 per share (17.3% premium to Friday’s closing price).Read more at Fortune.

Oracle (Nasdaq: ORCL) has agreed to acquire LiveLook, a Matawan, N.J.–based provider of real-time, visual collaboration technology for co-browsing and screen sharing. No financial terms were disclosed. LiveLook backers include RoseTech Ventures, Robin Hood Ventures, New York Angels and New Vantage Group.

Stora Enso (Helsinki: STERV), a Finnish papermaker, has acquired Virdia, a Redwood City, Calif.-based developer of technologies for converting biomass into refined fermentable sugars and lignin, for up to $62 million (including a $33 million upfront payment). Virdia had raised over $30 million in VC funding from Khosla Ventures, Burrill & Co.., Tamar Technology Ventures and TriplePoint

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