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As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

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Deals of the day: Private equity circles Symantec

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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April 16, 2014, 2:57 PM ET
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Venture Capital Deals

PanOptica, a Bernardsville, N.J.-based developer of ophthalmology therapies for conditions like neovascular age-related macular degeneration, has raised $45 million in Series B funding. Novo Ventures and existing backer Third Rock Ventures co-led the round, and were joined by founding investor SV Life Sciences. www.panopticapharma.com

Squarespace, a New York-based website publishing and e-commerce platform for businesses, has raised $40 million in Series B funding from General Atlantic. The company previously raised a $38.5 million Series A round in 2010 from Accel Partners and Index Ventures. www.squarespace.com

Wilson Therapeutics, a Stockholm-based developer of therapies for those suffering from Wilson’s disease, has raised $40 million in Series B funding. Abingworth and MVM Life Sciences Partners co-led the round, and were joined by return backer HealthCap. www.wilsontherapeutics.com

Paperless Post, a New York-based provider of personalized online and offline invitations, has raised $25 million in Series C funding. August Capital led the round, and was joined by return backers like Mousse Partners and RRE Ventures. www.paperlesspost.com

FireHost, a Richardson, Texas-based managed cloud hosting company, has raised $25 million in Series E funding led by return backer The Stephens Group. www.firehost.com

Cardiac Dimensions, a Kirkland, Wash.-based developer of minimally-invasive treatment modalities to address heart failure and related cardiovascular conditions, has raised $20 million in new funding co-led by M. H. Carnegie & Co. and Lumira Capital. www.cardiacdimensions.com

Iconic Therapeutics, a South San Francisco-based developer of therapeutics for serious eye disorders, has raised $20 million in Series B-1 funding from MPM Capital, Lundbeckfond Ventures and H.I.G. BioVentures. www.iconictherapeutics.com

Kinetic Social, a New York–based social data and ad technology company, has raised $18 million in Series B funding led by Blue Chip Venture Company. www.kineticsocial.com

VanDyne SuperTurbo, a Loveland, Colo.-based developer of turbochargers for the automotive and truck markets, has raised $15 million in Series C funding led by Northwater Capital.www.VanDyneSuperTurbo.com

Convergent Digital, a Natick, Mass.-based developer of a computer-aided CO2 laser for dental procedures, has raised $8 million in new VC funding led by Long River Ventures.www.convergentdental.com

KeyMe, a provider of a mobile app and in-store kiosks for copying keys, has raised $7.8 million in Series A funding. Backers include White Star Capital, Battery Ventures and 7-Ventures. www.key.me

Gagein, an Alviso, Calif.-based developer of a news content alert platform for sales professionals, has raised $6.4 million in Series A funding from undisclosed investors. www.gagein.com

Beepi, a P2P marketplace for buying and selling used cars, has raised $5 million in new VC funding led by Redpoint Ventures. www.beepi.com

Better, a personalized health assistant app, has raised $5 million from Social+Capital Partnership andThe Mayo Clinic. www.getbetter.com

eCaring, a New York-based provider of a cloud-based home care management and monitoring system, has raised $3.5 million in Series A funding led by Ascent Biomedical Ventures. www.ecaring.com

Kalila Medical, a Campbell, Calif.-based developer of generation steerable catheter technologies, has raised an undisclosed amount of new VC funding from Mérieux Développement.www.kalilamedical.com

Rapid Micro Biosystems, a Bedford, Mass.-based provider of microbial detection solutions for quality control testing within the pharma and personal care products markets, has raised an undisclosed amount of new VC funding from return backers Kleiner Perkins Caufield & Byers, Longitude Capital, Quaker Partners, TPG Biotech, and TVM Capital. The company previously raised more than $50 million. A regulatory filing suggests the new round amount is $6 million. www.rapidmicrobio.com

Wefunder, a crowd-funding portal focused on tech startups, has raised an undisclosed amount of funding from Green Visor Capital. www.wefunder.com

Private Equity Deals

The Abraaj Group has acquired an undisclosed stake in Kool Foods, a Moroccan chocolate confectionery manufacturer based in Casablanca. www.abraaj.com

Symantec Corp. (Nasdaq: SYMC) is receiving private equity interest, following last month’s surprise firing of CEO Steve Bennett, according to Reuters. Possible suitors include Bain Capital, The Blackstone Group and The Carlyle Group. Symantec has a current market cap of around $14.3 billion.Read more.

Caelus Energy Alaska LLC, a Dallas-based company focused on acquiring oil and gas properties in Alaska, has secured up to $1 billion in equity commitments from Apollo Global Management. Caelus also has completed its first transaction, paying $300 million in cash to acquire the Alaskan oil and gas business of Pioneer Natural Resources (NYSE: PXD). www.agm.com

Castle Harlan has acquired Gold Star Foods Inc., an Ontario, Calif.-based food distributor to K-12 schools in California, Arizona and Nevada, from Prospect Partners. No financial terms were disclosed.www.castleharlan.com

Dean Evans & Associates
 Inc., a Denver-based provider of facility scheduling and event management software, has raised an undisclosed amount of growth equity funding from JMI Equity. www.dea.com

GEA Group AG (DB: G1A) has agreed to sell its heat exchangers business to Triton Partners for €1.3 billion. Deutsche Bank managed the process, which began last summer. www.gea.com

HGGC has completed its previously-announced acquisition of Serena Software, a Redwood City, Calif.-based provider of enterprise IT management solutions, from Silver Lake. No financial terms were disclosed, but Fortune has learned the deal was valued at approximately $450 million.www.serena.com

Intermedix Corp., a Ft. Lauderdale, Fla.-based portfolio company of Thomas H. Lee Partners, has acquired Optima Corp., a New Zealand-based provider of technology to support simulation, predictive analytics and real-time deployment of mobile resources. No financial terms were disclosed.www.intermedix.com

LoneStar, a UK-based portfolio company of AEA Investors, has acquired Hydrobolt, a based maker of specialty fasteners, machined components, and flanges for the oil and gas and power generation markets. No financial terms were disclosed. Sellers include the Octopus Eclipse Venture Capital Trust.www.lsphgroup.com

Symphony Technology Group has acquired MDdatacor, an Alpharetta, Ga.-based provider of healthcare data integration and analytic solutions for providers, from Noridian Mutual Insurance Company. No financial terms were disclosed. www.symphonyph.com

Wencor Group, a Springville, Utah-based portfolio company of Odyssey Investment Partners, has acquired XTRA Aerospace Inc., a Miramar, Fla.-based provider of aerospace repair services. No financial terms were disclosed. www.wencor.com

TPG Group has committed around $100 million to a joint venture with India’s Smile Group calledKatalyzers, which will help marketplace, listings, local commerce, digital media, e-commerce and mobile companies expand into Asia and other emerging markets. www.katalyzers.com

 

IPOs

Associated Materials Inc., a Cuyahoga Falls, Ohio-based manufacturer and distributor of exterior residential building products in North America, has withdrawn registration for a $100 million IPO that was first filed last July. No explanation was provided. Goldman Sachs, Barclays and UBS wee serving as lead underwriters. The company is owned by Hellman & Friedman. www.associatedmaterials.com

Moelis & Co., a New York-based boutique investment bank, raised $163 million in its IPO. The company priced 6.5 million shares at $25 per share, below its plans to offer 7.3 million shares at between $26 and $29 per share. Its initial market cap is approximately $1.29 billion, and it will trade on the New York Stock Exchange under ticker symbol MC. Goldman Sachs and Morgan Stanley served as lead underwriters, while Moelis itself was also on the book. The company was founded in 2007 by Ken Moelis, former president of UBS Investment Bank and head of corporate finance at Donaldson, Lufkin & Jenrette. www.moelis.com

M&A

Diageo PLC (LSE: DGE) has offered to pay $1.9 billion to acquire an additional 26% stake in United Spirits, a listed Indian spirits maker in which Diageo already holds nearly a 29% stake.www.unitedspirits.in

Metso (Helsinki: MEO1V), a Finnish engineering company for the energy, mining and construction market, has rejected a buyout approach from Scottish rival Weir Group (LSE: WEIR). Metso did say that it was open to merger talks with Weir Group, but did not disclose the specifics of Weir’s all-stock offer. www.metso.com

RetailMeNot Inc. (Nasdaq: SALE) has acquired Pickie, a New York-based free, personalized shopping magazine for fashion, beauty & home. No financial terms were disclosed. Pickie was seeded by such firms as DFJ Gotham Ventures, Liberty City Ventures, betaworks and Bertelsmann Digital Media Investments. www.pickie.com

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