Seven Networks Inc., a Redwood City , Calif.- based mobile email company, has raised $42 million in new venture capital funding. It is unclear if this includes a $29.5 million Series D infusion that PE Week Wire reported on earlier this year, based on a regulatory filing. Backers include Ignition Partners, Greylock, Softbank Asia and Elm Ridge Capital Partners. In other Seven news, the company named former Onebox.com CEO Russ Bott as its new CEO. http://www.seven.com/
MakeMyTrip.com, an Indian travel portal, has raised $13 million in second-round funding, according to The Economic Times. Helion Ventures and Sierra Ventures were joined by return backer Softbank Asia Infrastructure Fund. http://www.makemytrip.com/
Jaxtr, a Palo Alto, Calif.–based VoIP startup, has raised around $1 million in seed funding from The Founders Fund, Mayfield, Reid Hoffman and Draper Richards. http://www.jaxtr.com/
Double-Take Software Inc., a Southborough, Mass.-based provider of software for reducing downtime of business-critical systems, priced 7.5 million common shares at $11 per share ($9-$11 forecast), for an IPO take of approximately $82.5 million. It will trade on the Nasdaq under ticker symbol DBTK, while Cowen & Co. and Thomas Weisel Partners served as co-lead underwriters. Shareholders include ABS Capital Partners, J&W Seligman & Co. and Lake Street Capital. http://www.nsisoftware.com/
Isilon Systems Inc., a Seattle-based provider of clustered storage solutions, priced 8.35 million common shares at $13 per share, ($8.50-$9.50 forecast), for an IPO take of apperoximately $108.6 million. It will trade on the Nasdaq under ticker symbol ISLN, while Morgan Stanley and Merrill Lynch served as co-lead underwriters. The company had raised nearly $70 million in total VC funding since its 2001 inception, from firms like Atlas Venture, Madrona Venture Group, Sequoia Capital and Lehman Brothers. http://www.isilon.com/
Glam Media Inc., a Brisbane, Calif.-based operator of a women’s fashion content and retail website, has raised $18.5 million in Series C funding, according to VentureWire. DAG Ventures led the deal, and was joined by return backers Accel Partners, Draper Fisher Jurvetson, Information Capital and WaldenVC. http://www.glam.com/
Mercado Software Inc., a Pleasanton, Calif.-based provider of e-commerce search, navigation, and merchandising solutions, has raised $11.5 million in new funding. The Challenge Fund ( Israel ) and Consensus Group ( UK ) co-led the deal, and were joined by return backers Pitango Venture Capital, Eucalyptus, Star Ventures and Valley Venture Capital (f.k.a. Mofet). The deal includes a credit line from Lighthouse Capital Partners. The company has now raised over $70 million in total private funding. http://www.mercado.com/
Great Hill Partners has agreed to acquire a minority interest in Freightquote Inc., a Lenexa, Kan.-based provider of freight transportation information, according to VentureWire and a Federal Trade Commission report. Freightquote has raised around $45 million in VC funding since its 1998 inception, from firms like Menlo Ventures and Morgan Stanley Venture Partners. It also recently had a lawsuit dismissed with prejudice, which it had filed against the Department of Homeland Security.
Venda Ltd., a London-based provider of managed ecommerce and CRM solutions, has raised $20 million in Series A funding. Investor Growth Capital led the deal, and was joined by returning seed backer GF Private Equity Group. http://www.venda.com/
Scanbuy Inc., a New York-based provider of wireless commerce solutions, has raised $9 million in Series B funding from firms like Longworth Venture Partners, Masthead Venture Partners and Hudson Venture Partners. The company also named Jonathan Bulkeley, former CEO of BarnesandNoble.com, as its new CEO. http://www.scanbuy.com/
TrialPay Inc., a San Jose, Calif.-based developer of a payment platform that allows a company’s customers to access premium content and services by participating in relevant offers, has raised $3.1 million in Series A funding led by Battery Ventures, according to a regulatory filing. http://www.trialpay.com/
iPay Technologies, an Elizabethtown, Ky.–based provider of Internet bill payment services to community financial institutions, has completed a recapitalization co-sponsored by Spectrum Equity Investors and Bain Capital Ventures. No financial terms were disclosed. William Blair & Co. advised iPay on the deal, while leveraged financing was provided by CIT Lending Services. http://www.ipaymybills.com/
VCG Inc., a Roswell, Ga.-based provider of staffing software, has completed a $17.55 million recapitalization, according to a regulatory filing. Remaining shareholders include Jefferson Capital Partners, C&B Capital and Equity South Partners. http://www.vcgsoftware.com/
DemandTec Inc., a San Carlos, Calif.-based provider of consumer-centric merchandising software, has acquired TradePoint Solutions Inc., a Pleasanton, Calif.-based provider of online deal management software linking manufacturers, sales agencies and retailers on one platform. No financial terms were disclosed. DemandTec has raised around $50 million in total VC funding since 1999 — including a 2003 infusion at a $166.8 million post-money valuation – from firms like Altos Ventures, Athena Technology Ventures, Cargill Ventures and Crosspoint Venture Partners. http://www.demandtec.com/
Primavera Systems Inc., a Bala Cynwyd, Pa.-based provider of project and portfolio management software, has acquired two companies: ProSight Inc., a Portland, Ore.-based provider of portfolio analysis solutions, and Pertmaster Ltd., a UK-based risk analysis and mitigation solutions company. No financial terms were disclosed. Francisco Partners and Insight Venture Partners acquired a majority stake in Primavera earlier this year, while ProSight has raised VC funding from such firms as BRM Capital, Genesis Partners, Giza Venture Capital, Prism Capital and Sequoia Capital. http://www.primavera.com/
Silver Lake Partners and Texas Pacific Group have agreed to acquire travel reservations company Sabre Holdings (NYSE: TSG) for $4.3 billion, according to The New York Times. Sabre shareholders will receive $32 per share, or a 15% premium over the company’s share price prior to news reports of an impending deal. And announcement is expected to come later today. http://www.sabre.com/
Marquee Inc. (f.k.a. Vvond), a Santa Clara, Calif.-based developer of software for secure on-demand access to a large movie library, has raised $15 million in Series B funding, according to a regulatory filing. Benchmark Capital was joined by return backer Greylock Partners. http://www.vvond.com/
Red 5 Studios, an Aliso Viejo, Calif.-based online game development studio, has raised $18.5 million in Series A funding co-led by Benchmark Capital and Sierra Ventures. Red 5 management includes World of Warcraft co-creators like Mark Kern. http://www.red5studios.com/
Yoqoo.com, a Beijing-based online video sharing and distribution platform, has raised $12 million in venture capital funding from Sutter Hill Ventures, Farallon Capital and Chengwei Ventures. The company will officially launch on December 21. http://www.yoqoo.com/
Untangle Inc. (f.k.a. Metavize), a San Mateo, Calif.-based provider of enterprise network security and management software, has raised $10.5 million in Series A funding from firms like CMEA Ventures and Rustic Canyon Partners. http://www.untangle.com/
Kidaro, a provider of virtual desktop computing for the enterprise, has raised $10 million. Opus Capital led the deal, and was joined by return backers Genesis Partners and Storm Ventures. Kidaro has offices in both New York and Israel . http://www.kidaro.com/
ClearTrip Travel Services, a Mumbai, India-based travel website operator, has raised $8 million in Series B funding, according to VentureWire. DAG Ventures led the deal, and was joined by return backer Sherpalo Ventures. No word on if existing ClearTrip shareholder Kleiner Perkins also participated. http://www.cleartrip.com/
Oversi, an Israel-based provider of P2P content delivery solutions, has raised $6 million in second-round funding. Carmel Ventures led the deal, and was joined by return backers StageOne Ventures, Lab-One Innovations and TempoPark Fund. http://www.oversi.com/
Insider Guides Inc., a New Hope, Pa.-based social networking startup, has raised $4.1 million in Series A funding led by U.S. Venture Partners, according to a regulatory filing.
Accelergy Corp., a Palo Alto, Calif.-based R&D company focused on high-throughput solutions for accelerated discovery, development and commercialization of advanced catalytic materials, has raised $25 million in Series B funding. Goldman Sachs led the round, and was joined by Sequoia Capital China, Lux Capital and return backers Nth Power, Technology Partners, Mobius Venture Capital and Advent International. http://www.accelergy.com/
WestView Capital Partners has sponsored a recapitalization of TriTech Software Systems, a San Diego-based provider of public safety software solutions. No financial terms were disclosed. TriTech founder and CEO Chris Maloney will continue to be majority shareholder, while WestView will hold a minority ownership position. http://www.wvcapital.com/ http://www.tritech.com/
Local Insight Media LLC, a provider of print directories and Internet-based local search services in Alaska and the Caribbean , has agreed to merge with CBD Media LLC, a publisher of the Cincinnati Bell-branded yellow pages. The deal will result in Local Insight owner Welsh, Carson, Anderson & Stowe owning a majority of the combined company, with CBD backer Spectrum Equity Investors retaining a “substantial minority stake.” No financial terms were disclosed, except that the combined company will have consolidated annual revenues of approximately $200 million.
I4 Commerce Inc., a Timonium, Md.-based provider of merchant payment solutions for multi-channel retailers, has secured $640 million in corporate debt financing from Citigroup. The funds will be used to support growth of the company’s consumer loan portfolio, and for working capital. I4 Commerce has raised over $130 million in VC funding from firms like Azure Capital Partners, Crosspoint Venture Partners, First Data Corp., Citigroup, GRP Partners and WGM Technology Ventures. http://www.i4commerce.com/
Dapper Inc., a UK-based startup that allows users to build web applications and mashups using data from other websites, has raised over $1 million in bridge funding from Accel Partners, according to VentureWire. The capital will be rolled over into a larger Series A deal. http://www.dappit.com/
Whatsbuzzing, a San Jose, Calif.-based operator of a website for window shoppers, has raised around $1 million in seed funding from Norwest Venture Partners, according to VentureBeat. http://www.whatsbuzzing.com/
Jott Networks Inc., a Seattle-based startup that converts voice into text and delivers it via email, has raised under $1 million in seed funding from Ackerley Partners, Draper Richards and the new investment vehicle of Skype founder Niklas Zennstrom, according to the Seattle Post-Intelligencer. http://www.jott.com/
Realtime Worlds, a Dundee, Scotland-based video game developer, has raised $31 million in venture funding from New Enterprise Associates. Realtime Worlds was founded by CEO and creative director David Jones, who previously created the Grand Theft Auto and Lemmings games franchises. www.realtimeworlds.com
Travelport Ltd., a New York-based owner of travel services company Galileo and Orbitz.com, has agreed to buy travel-booking service Worldspan for approximately $1.4 billion. Simultaneous to the execution of the merger agreement, Worldspan completed a recapitalization plan, through which Travelport loaned $125 million to Worldspan in exchange for a payment in kind (PIK) note which Travelport funded through cash on hand. In addition, one of Travelport’s parent companies also loaned Worldspan $125 million in exchange for a PIK note. Blackstone Group and Technology Crossover Ventures bought Travelport from Cendant earlier this year for $4.3 billion. Court Square Capital (f.k.a. Citigroup VC) and Teachers’ Private Capital bought Worldspan in 2004 for around $900 million from Delta Airlines, Northwest Airlines and American Airlines. www.travelport.com www.worldspan.com
Move Networks Inc., an American Fork, Utah-based provider of video-over-IP solutions, has secured $11.3 million of a $12.17 million Series B round, according to a regulatory filing. Backers include Hummer Winblad Venture Partners and Steamboat Ventures. www.movenetworks.com
Crescendo Networks Ltd., an Or-Yehuda, Israel-based provider of application acceleration solutions, has raised $10 million. Evergreen Venture Partners led the deal, and was joined by return backers Apax Partners, StageOne Ventures, Magnum Communications Fund and Convergent Venture Capital. www.crescendonetworks.com
Flying Fish Creative Services Inc., a Baton Rouge, La.-based provider of e-learning training programs focused on courseware management, has raised $2.4 million in venture funding from Enhanced Capital Partners, Advantage Capital Partners, the Louisiana Technology Fund and Louisiana Fund I.
Hexaware Technologies, a Mumbai, India-based IT and BPO service provider, has completed its acquisition of FocusFrame Inc., a Mountain View, Calif.–based provider of automated testing of ERP and custom applications. The deal was valued at $34.3 million in cash, including $9.3 million in possible earnouts. Hexaware shareholders include General Atlantic. www.hexaware.com www.focusframe.com
BitTorrent, a San Francisco P2P file-sharing company, has acquired the uTorrent application for an undisclosed amount. BitTorrent last week raised $20 million from Accel Partners and DCM, and is in talks to raise an additional $5 million. www.bittorrent.com
MontaVista Software Inc., a Santa Clara, Calif.-based provider of Linux operating systems and development tools, has raised $21 million in new venture capital funding. Siemens Venture Capital led the deal, and was joined by NEC, Alloy Ventures, US Venture Partners and Aplix. The company has raised over $90 million in total VC funding since its 1999 inception. www.mvista.com
Azureus, a Palo Alto, Calif.-based maker of the Zudeo P2P application for the distribution of large files, has raised $12 million in Series B funding. Redpoint Ventures led the deal, and was joined by Grecroft Partners, CNET chairman Jarl Mohn and return backer BV Capital. www.zudeo.com
Goodmail Systems Inc., a Mountain View, Calif.-based provider of an email certification platform, has raised $12 million in third-round funding. SoftBank Capital led the deal, and was joined by return backers DCM and emergence Capital Partners. The company has now raised over $24 million. www.goodmail.com
Service-now.com, a Solana Beach, Calif.-based provider of on-demand IT service management solutions, has raised $5 million in Series B funding from JMI Equity. www.service-now.com
mInfo Inc., a Chinese mobile search company, has secured $3.36 million of a $5.4 million Series A round led by Staenberg Capital, according to a regulatory filing.
Mobile Complete Inc., a San Mateo, Calif.–based company that develops, tests and deploys mobile applications and services, has raised an undisclosed amount of Series B funding. Motorola Ventures led the deal, with return backers Innovacom VC also participating. www.mobilecomplete.com
Catalyst Investors of New York has acquired Aplus.net, a San Diego-based provider of website presence solutions, including domain registration services, web hosting, dedicated server hosting, web design and web marketing services to approximately 90,000 small- and medium-sized businesses. No financial terms were disclosed. Gabriel Murphy, co-founder of CommuniTech.Net (sold to Web.com in 2002) will take over as CEO. SG Capital advised Aplus.net on the sale. www.aplus.net
WebTrends Inc., a Portland, Ore.-based provider of Web analytics, has acquired ClickShift Inc., a San Bruno, Calif.-based provider of online advertising optimization solutions. No financial terms were disclosed. WebTrends is owned by Francisco Partners. ClickShift raised $6 million in Series A funding earlier this year from El Dorado Ventures and U.S. Venture Partners. www.webtrends.com www.clickshift.com