Yelp Inc., a San Francisco-based provider of localized social networking and directory services, has raised $10 million in second-round funding from Benchmark Capital. It raised $5 million last year in a Series A round led by Bessemer Venture Partners.
Wyplay SAS, a France-based developer of “all-in-one” home entertainment boxes, has raised €4 million from Sofinnova Partners.
Zannel Inc., a Menlo Park, Calif.-based mobile media startup, has raised $6 million in Series A funding co-led by U.S. Venture Partners and Palomar Ventures.
B5Media Inc., a Toronto-based blogging network, has raised US$2 million in VC funding from Brightspark Ventures and JLA Ventures.
CityVoter Inc., a Cambridge, Mass.-based developer of online city guides for media companies, has raised $1.1 million in Series A funding led by Tudor Ventures.
General Atlantic is among the private equity firms in talks to acquire listed HR software provider Northgate Information Solutions PLC, according to The Independent newspaper. The deal could be valued is excess of $1 billion, with the company confirming that it has received “a number of unsolicited approaches.”
Serena Software Inc., a San Mateo, Calif.-based provider of change governance software, has agreed to acquire Pacific Edge Software Inc., a Bellevue, Wash.–based provider of project and portfolio management solutions. No financial terms were disclosed for the deal, which is expected to close later this month. Serena Software is a portfolio company of Silver Lake Partners, while Pacific Edge has raised over $44 million in VC funding from firms like Fluke Venture Partners, Northwest Venture Associates, Sequoia Capital, Stanford University, Foundation Capital, Dain Rauscher Corp. and Newbury Ventures.
Fonality Inc., a Culver City, Calif.-based provider of IP telephony systems for small and medium businesses, has acquired TrixBox, an online forum in which users can discuss open-source telephony and download Asterisk-based software. No financial terms were disclosed. Fonality raised $5 million in Series B funding last year led by Azure Capital Partners.
JumpTap Inc., a Cambridge, Mass.-based provider of mobile search and advertising solutions, has raised $22 million in Series C funding. Valhalla Partners led the deal, and was joined by return backers General Catalyst Partners, BCE Capital and Redpoint Ventures.
Lendia Inc., a Marlborough, Mass.-based provider of outsourced solutions to financial institutions that originate residential mortgages, has raised an undisclosed amount of private funding from 1848 Capital Partners.
ExlService Holdings Inc., a New York-based provider of business process outsourcing solutions, has set its proposed IPO terms to five million common shares being offered at between $10 and $12 per share. It plans to trade on the Nasdaq under proposed ticker symbol EXLS, with Citigroup and Goldman Sachs serving as co-lead underwriters. The company was acquired in 2002 from Conseco Inc., via a management buyout sponsored by Oak Hill Capital Partners and Financial Technology Ventures.
Xerox Corp. (NYSE: XRX) has agreed to acquire XMPie Inc., a New York–based provider of variable information software. The deal is valued at $54 million in cash, and is expected to close within 30 days. XMPie has raised around $9 million in VC funding from JVP.
I-Flex Solutions ( Bombay : IFLX.BO) has completed its previously-announced acquisition of Mantas, a Herndon, Va.-based anti-money laundering and compliance software, from Safeguard Scientifics. The deal was valued at $122.6 million, and was be partially financed via a new $125 million investment in I-Flex from Oracle.
Openwave Systems Inc. (Nasdaq: OPWV) has acquired SoloMio Corp., an Austin, Texas–based provider of integrated subscriber call management services. No financial terms were disclosed. SoloMio had raised over $26 million in VC funding from firms like Austin Ventures, Koch Ventures, Partech International, Gemplus and Techxas Ventures.