• Home
  • Latest
  • Coins2Day 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
FinanceTerm Sheet

Deals of the day: Freshdesk raises $31 million

By
Dan Primack
Dan Primack
Down Arrow Button Icon
By
Dan Primack
Dan Primack
Down Arrow Button Icon
June 12, 2014, 11:00 AM ET
Energy
contract armin harrisKyle Bean for Coins2Day

Venture Capital Deals

Aduro BioTech Inc., a Berkeley, Calif.-based cancer immunotherapies developer whose lead candidate is targeted at metastatic pancreatic cancer drug, has raised $55 million in Series C funding. Johnson & Johnson Development Corp. Was joined by the Morningside group and other undisclosed investors.Www.adurobiotech.com

Freshdesk, a San Francisco-based provider of customer support-as-a-service, has raised $31 million in Series D funding. Tiger Global Management led the round, and was joined by Google Capital and return backer Accel Partners. Dow Jones reports that the deal done at a $250 million valuation.Www.freshdesk.com

TrackingPoint, an Austin, Texas-based maker of precision-guided firearms, has raised $29 million in VC funding, according to the WSJ. Genesis Inventions and return backer McHale Labs co-led the round, and were joined by Austin Ventures and GTP Holdings. Www.tracking-point.com

ScalingData, a developer of Hadoop-ready apps, has raised $4.4 million in VC funding from General Catalyst Partners, Google Venture and Red Hat. Www.scalingdata.com

OYO Sportstoys, an Acton, Mass.-based maker of “minifigures” of professional atheltes, has raised $3 million in VC funding. Atlas Venture and existing backer Boston Seed Capital co-led the round.Www.oyosportstoys.com

Breakout Labs, Peter Thiel’s philanthropic VC fund focused on early-stage science and tech innovation, announced investments in three startups: Cortexyme, a developer of treatments for Alzheimer’s and other neurological diseases; G-Tech Medical, developer of a wearable “EKG for the gut” to help physicians identify and treat GI disordersl and EpiBone, developer of technology to engineer stem cells into patient-specific bone tissue replacement. Www.breakoutlabs.org

GeoDigital International, an Ontario-based provider of 4D geospatial imaging and business intelligence solutions, has raised an undisclosed amount of new VC funding. EnerTech Capital and Emerald Technology Ventures co-led the round, and were joined by return backers NGP Energy Technology Partners and North Sky Capital. Www.geodigital.com

Pixia Corp., a Reston, Va.-based provider of big-data access solutions for the U.S. Department of Defense and intelligence community, has raised an undisclosed amount of equity funding from Enlightenment Capital. Www.pixia.com

Private Equity Deals

Insight Venture Partners has acquired a majority stake in FireMon, an Overland Park, Kansas–based provider of security intelligence solutions. No financial terms were disclosed. Www.firemon.com

Perusa
 has agreed to acquire  AddPro AB, a Swedish provider of IT security and infrastructure solutions, from Polaris Private Equity. No financial terms were disclosed. Www.addpro.se

Soft-Tex International Inc., a Waterford, N.Y.-based maker and distributor of bedding products, has raised an undisclosed amount of private equity funding from Hudson Ferry Capital.Www.hudsonferry.com

IPOs

Adeptus Health Inc., a Lewisville, Texas-based network of independent freestanding emergency rooms, has set its IPO terms to 4.9 million shares being offered at between $19 and $22 per share. It plans to trade on the NYSE under ticker symbol ADPT, with Deutsche Bank Securities and Goldman Sachs serving as lead underwriters. The company reports a $2.9 million net loss on around $115 million in income for 2013. Adeptus Health is owned by private equity firm Sterling Partners.Www.adhc.com

B&M Stores, a British discount retail chain owned by Clayton Dubilier & Rice, raised £1.08 billion in its London IPO, at an initial market cap of £2.7 billion. Www.bmstores.co.uk

Imprivata
, a Lexington, Mass.-based provider of access and authentication management solutions for the healthcare industry, has set its IPO terms to 5 million shares being offered at between $14 and $16 per share. It would have an initial market cap of approximately $342 million. The company plans to trade on the NYSE under ticker symbol IMPR, with J.P. Morgan and Piper Jaffray serving as lead underwriters. It reports a $5.5 million net loss on $71 million in revenue for 2013, compared to $1 million in net income on $54 million in revenue for 2012. Shareholders include General Catalyst Partners, $342 mHighland Capital Partners and Polaris Partners – each of which have a 25.1% pre-IPO stake. Www.imprivata.com

Mercury Payment Systems LLC
, a Durango, Colo.-based provider of payment processing services to small and mid-sized businesses, has withdrawn registration for a $100 million IPO. The company, which is owned by private equity firm Silver Lake, last month agreed to be acquired for $1.65 billion by Vantiv Inc. (NYSE: VNTV). Www.mercurypay.com

MobileIron, a Mountain View, Calif.-based provider of mobile device management software, raised $100 million in its IPO. The company priced 11.11 million shares at $9 per share (middle of $8-$10 range), for an initial market cap of around $672 million, were it to price in the middle of its range. The company will trade on the Nasdaq under ticker symbol MOBL, while Morgan Stanley was listed as left lead underwriter. It reports a $33 million net loss on $105.5 million in 2013 revenue, compared to a $46 million net loss on $41 million in 2012 revenue. It plans to trade under ticker symbol MOBL, with Morgan Stanley listed as left lead underwriter. MobileIron had raised around $145 million in VC funding, from firms like Storm Ventures (20.2% pre-IPO stake), Norwest Venture Partners (19.5%), Sequoia Capital (16.9%), Foundation Capital (8.5%) and Institutional Venture Partners. Www.mobileiron.com

M&A

Biofuel Energy Corp. (Nasdaq: BIOF) has agreed to pay $275 million in cash and stock to acquire JBGL, a homebuilding and development platform, from Greenlight Capital and James R. Brickman.Www.bfenergy.com

The Blackstone Group and DDR Corp. (NYSE: DDR) have formed a joint venture to acquire 76 shopping centers from American Realty Capital Properties Inc. (Nasdaq: ARCP) for $1.975 billion (including $461m of assumed debt). Www.blackstone.com

Rovio, the Finland-based maker of Angry Birds, has secured a €25 million loan from the European Investment Bank. The company had raised $42 million in VC funding three years ago from Accel Partners, Atomico and Felicis Ventures. Www.rovio.com

CapMan  has sold Finnish home textile manufacturer Finlayson & Co. To Jukka Kurttila and  Petri Pesonen (founders of ad agency Bob the Robot) and Risto Voutilainen. No financial terms were disclosed. In a simultaneous transaction, Finlayson & Co. Has sold its Familon duvets and mattresses business to a unit of Trading House Scandinavia AB. Http://www.finlayson.fi

Sign up for Dan Primack’s daily email newsletter on deals and deal-makers: GetTermSheet.com

About the Author
By Dan Primack
See full bioRight Arrow Button Icon

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

placeholder alt text
North America
'I meant what I said in Davos': Carney says he really is planning a Canada split with the U.S. along with 12 new trade deals
By Rob Gillies and The Associated PressJanuary 28, 2026
2 days ago
placeholder alt text
Politics
The American taxpayer spent nearly half a billion dollars deploying federal troops to U.S. cities in 2025, CBO finds
By Nick LichtenbergJanuary 28, 2026
2 days ago
placeholder alt text
C-Suite
Jeff Bezos capped his Amazon salary at $80,000: ‘How could I possibly need more incentive?’
By Sydney LakeJanuary 28, 2026
2 days ago
placeholder alt text
Economy
Right before Trump named Warsh to lead the Fed, Powell seemed to respond to some of his biggest complaints about the central bank
By Jason MaJanuary 30, 2026
8 hours ago
placeholder alt text
C-Suite
Coins2Day 500 CEOs are no longer giving employees an A for effort. Now they want proof of impact
By Claire ZillmanJanuary 28, 2026
3 days ago
placeholder alt text
Investing
Jerome Powell got a direct question about the U.S. ‘losing credibility’ and the soaring price of gold and silver. He punted
By Eva RoytburgJanuary 29, 2026
1 day ago

© 2026 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in Finance

United States President Donald Trump
EconomyInflation
Trump’s unlikely promise to ‘end inflation’ still saw families paying an extra $2,120 for goods and services in 2025
By Eleanor PringleJanuary 30, 2026
3 hours ago
Personal Financemortgages
How is interest on a personal loan calculated?
By Joseph HostetlerJanuary 30, 2026
3 hours ago
Personal FinanceLoans
Are there personal loans for veterans and military members?
By Joseph HostetlerJanuary 30, 2026
3 hours ago
Personal FinanceCertificates of Deposit (CDs)
Best certificates of deposit (CDs) for January 2026
By Glen Luke FlanaganJanuary 30, 2026
4 hours ago
Donald Trump with a frown.
Politicsmining
3 big hurdles undermine Trump’s plan to extract Greenland’s mineral wealth—and America’s fraying relationship with Europe is one of them
By Tristan BoveJanuary 30, 2026
4 hours ago
ExxonMobil CEO Darren Woods, far right, listens as U.S. President Donald Trump,left, speaks during a meeting with oil company executives in the East Room of the White House on Jan. 9. President Trump is aiming to convince oil executives to support his plans in Venezuela, a country whose energy resources he says he expects to control for years to come. US forces seized Venezuelan president Nicolas Maduro in a sweeping military operation on January 3, with Trump making no secret that control of Venezuela's oil was at the heart of his actions.
EnergyBig Oil
Exxon and Chevron decline new spending in Venezuela while taking a wait-and-see approach for the years ahead
By Jordan BlumJanuary 30, 2026
5 hours ago