VC-backed Clarabridge buys Market Metrix

Clarabridge, which is backed by General Catalyst Partners and Summit Partners, said Tuesday that it has acquired Market Metrix. No financial terms were disclosed. Based in Larkspur, Calif., Market Metrix is an enterprise feedback management platform for the leisure and hospitality sectors.

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VC-backed A10 Networks debuts IPO

A10 Networks has launched its IPO after pricing its 12.5 million shares at $15 per share. The stock began trading Friday on the NYSE under the ticker symbol “ATEN.” Morgan Stanley, BofA Merrill Lynch, J.P. Morgan and RBC Capital Markets are the lead underwriters. Based in San Jose, Calif., A10 Networks is a provider of application networking solutions. Its backers include Mitsui Ventures, Triton Ventures, Harbinger Ventures, Enspire Capital and Summit Partners.

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Summit Partners backs Integrated DNA Technologies

Summit Partners has acquired a minority stake in Integrated DNA Technologies. No financial terms were disclosed. Dr. Joseph Walder, founder of IDT, will continue as the company’s majority owner. IDT is a provider of custom nucleic acids.

Crews joins Summit Partners

Summit Partners has appointed Mark Crews as an executive partner. He will partner with Summit to build technology-enabled oilfield products and services businesses of scale.

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Gainsight raises $20 mln in funding

Gainsight, which develops customer-focused software, has raised a $20 million Series B round of funding led by Bain Capital Ventures. Existing investors Battery Ventures and Summit Partners also participated in the round. The Mountain View, Calif.-based company has now raised $30 million in total funding. As part of the latest round, Ajay Agarwal, managing director at Bain Capital Ventures, has joined the board.

Coms Interactive Raises $21M From Summit

COMS Interactive said it raised a minority investment of $21 million from Summit Partners. The investment will be used for expansion, new products and the redemption of common stock holdings. Other COMS investors include Zapis Capital Group; Next Sparc, LLC; and Portal Capital, LLC.

Acacia Raises $20M From Summit, Matrix, Commonwealth, Egan

Acacia Communications said it raised $20 million in a round led by Summit Partners and joined by existing investors Matrix Partners , Commonwealth Capital Ventures and Egan Managed Capital. Summit Partners Managing Director Peter Chung will join the company’s board.

Summit Partners Backs Hospice Care Company

Heart to Heart Hospice, a 10-year-old, Plano, Texas-based hospice care company, has received a minority investment from Boston-based Summit Partners, the growth equity firm. Terms of the deal aren’t being disclosed.

Payment Alliance Goes Up for Sale

Payment Alliance International is up for sale and expected to draw bids from middle market private equity firms, three sources say. Bank of America Merrill Lynch is advising on the auction

Fortegra Financial Buys ProtectCell

Fortegra Financial Corp., which is backed by Summit Partners, has acquired a majority stake in Digital Leash, which does business as ProtectCell. The deal closed Dec. 31. Financial terms were not announced. Novi, Mich.-based ProtectCell provides wireless device protection plans and mobile services sold to consumers. News of the deal was announced by Quarton Partners, which advised ProtectCell.

Lazada Gets Coin from German Backers

Lazada, the online retailer for Southeast Asia, received €20 million in its German holding company from growth equity investor Summit Partners. The company will use funds to further its growth.

Quadrant and Others Invest in Dafiti Fourth Round

Brazilian fashion online retailer Dafiti has secured a fourth round of investment worth $65 million. The new round is led by New York-based Quadrant Capital Advisors, which committed $32 million. Additional funding will come from AB Kinnevik, Summit Partners and other investors through a German holding company.

FleetCor Concludes Repurchase of Common Stock Shares

FleetCor Technologies has completed its previously announced purchase of approximately 3.85 million shares of FleetCor common stock at $51.91 per share pursuant to a share repurchase agreement with certain of its private equity shareholders associated with Summit Partners and Bain Capital. The share repurchase was effected in a private transaction and FleetCor funded the $200 million aggregate purchase price with borrowings under its credit facilities.

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