• Must See TV: Six female entrepreneurs will discuss their experiences being sexually harassed by male venture capitalists, this Sunday night on Megyn Kelley's new NBC program.
• Dimon vs DC: "It's almost embarrassing being an American citizen ... and listening to the stupid s**t we have to deal with in this country… There would be much stronger growth if there were more intelligent decisions and less gridlock." – Jamie Dimon, on this morning's JPMorgan Chase earnings call (per CNBC).
• New firm alert: Warren "Bunny" Weiss is raising $35 million for a new venture fund called WestWave Capital, after 17 years with Foundation Capital. The enterprise software-focused VC has not invested any of Foundation's most recent fund, although he continues to be listed as a GP on the firm's website. Per a Foundation spokeswoman, when contacted by Axios:
"We and our investors have been aware of this and discussing the transition for several years. We are very supportive of his new endeavor and expect to find ways to collaborate in the future. Bunny continues to work his boards and remains a member of the FC team regarding his active investments."
• Answer Key: Yesterday I asked you to name the next private equity firm that will sell a stake in its management company to Dyal Capital Partners? You hint was that this would be the firm's second deal with Dyal, but this valuation will be substantially higher.
The answer is Vista Equity Partners, which is selling around another passive, minority stake at a valuation in the ballpark of $7 billion (compared to $4.3 billion in mid-2015), per multiple sources.
Global Logistic Properties, a Singapore-listed warehouse operator, has agreed to be acquired for around $11.6 billion by a consortium that includes Hopu Investment Management, Hillhouse Capital Group, SMG, Bank of China Group Investment and real estate developer Vanke Group. This beats out a Warburg Pincus-led bid, which was the only other short-listed offer. Sellers include Singapore sovereign wealth fund GIC, which holds a 37% position.
• Vroom, a New York-based online auto retailer, has raised $76 million in Series F funding from T. Rowe Price, L Catterton, General Catalyst and PICO Venture Partners. www.vroom.com
• Assent Compliance, a Canadian provider of enterprise data collection for supply chain compliance, has raised C$40 million in Series B funding. Greenspring Associates led the round, and was joined by Volition Capital, Open Text Enterprise Application Fund, Business Development Bank of Canada, National Research Council of Canada Industrial Research Assistance Program and Royal Bank of Canada. http://tcrn.ch/2tmkgOX
• Pendo, a Raleigh, N.C.-based customer analytics platform, has raised $25 million in Series C funding. Meritech Capital Partners led the round, and was joined by return backers Battery Ventures, Contour Venture Partners, Core Capital Partners, IDEAFund Partners, Salesforce Ventures and Spark Capital. http://tcrn.ch/2un8sRy
• Framebridge, a Washington, D.C.-based custom framing startup, has raised $16.7 million in Series B funding. Gordan Segal (co-founder of Crate & Barrel) was joined by return backers NEA, Revolution Ventures and SwaN & Legend Venture Partners. http://tcrn.ch/2sTT7U3
• Bevi, a Boston-based developer of custom beverage machines, has raised $16.5 million in Series B funding. Trinity Ventures led the round, and was joined by Horizons Ventures and Tamarisc. http://bit.ly/2sVsIW6
• Bespin Global, a South Korean provider of managed cloud services, has raised around $14 million in Series A funding. Legend Holdings led the round, and was joined by Altos Ventures. http://bit.ly/2ugJ0N3
• Aplitools, a San Mateo, Calif.-based software testing startup, has raised $8 million in new VC funding. Sierra Ventures led the round, and was joined by Bessemer Venture Partners, iAngels and La Maison. http://bit.ly/2uSGDNZ
• Cover, a New York-based personal products insurance startup that relies on user photos, has raised $8 million in Series A funding led by Social Capital. http://tcrn.ch/2tiOEd2
• Open Listings, a Los Angeles-based home purchasing platform, has raised $6.5 million in Series A funding. Matrix Partners led the round, and was joined by Arena Ventures and Initialized Capital. http://tcrn.ch/2umRPFx
• Haizol.com, a Chinese e-commerce platform for industrial parts, has raised around $6 million in Series A funding. Eastern Bell Venture Capital led the round, and was joined by Woofoo Capital. http://bit.ly/2tQeM2m
🍷 Saucey, a Los Angeles-based alcohol delivery logistics startup, has raised $5.4 million in Series A funding. Bullpen Capital led the round, and was joined by Blumberg Capital, Structure Capital and HashtagOne. http://bit.ly/2vjUOeo
• Insticator, a New York-based startup that helps online publishers add interactive elements like quizzes and polls, has raised $5.2 million in Series A funding. Associated Venture Management led the round, and was joined by Mintz & Co. and The Beatson Companies. http://tcrn.ch/2sUzYSg
🚑 BloomAPI, a Seattle-based provider of electronic medical record integration solutions, has raised $2.4 million in seed funding led by Founders Co-op. http://tcrn.ch/2vgASsP
• BC Partners, Berkshire Partners and Partners Group each have submitted takeover bids for British public sector software company Civica, according to Sky News. The deal could be valued at around $1.2 billion, with Japan's NEC Corp. (Tokyo: 6701) also considering an offer. http://bit.ly/2tR0MUF
• Inverness Graham has acquired SwipeClock, a South Jordan, Utah-based provider of workforce management software, from NexPhase Capital and Moelis Capital Partners. No financial terms were disclosed. www.swipeclock.com
• Lone Star Funds has agreed to acquire Esmalglass, a Spanish maker of ceramic colors and glazes, from Investcorp at an enterprise value of €605 million. http://bit.ly/2sX1XAN
🚑 BGI Genomics, a Chinese gene sequencing company, has raised around $250 million in a Shenzhen IPO. VC backers included Sequoia Capital China and Northern Light Venture Capital. http://bit.ly/2ulKRjk
• Manulife Financial (TSX: MFC) is considering an IPO or spinoff of John Hancock Financial Services, according to the WSJ. http://on.wsj.com/2vgUKvV
• Roku, a Los Gatos, Calif.-based Internet TV company, is preparing to file confidential IPO papers within the next few weeks, with plans to list by year-end at around a $1 billion valuation, per the WSJ. That would be nearly flat from its last private round in from last fall. Underwriters will include Morgan Stanley, Citigroup and Allen & Co. Roku has raised around $200 million in VC, from firms like Sky Broadcasting, Menlo Ventures, Luminari Capital, Fidelity Investments and 21st Century Fox. http://bit.ly/2tQclNm
• NetDragon Websoft (HK: 0777) has acquired JumpStart Games, a Torrance, Calif.-based provider of educational mobile and multiplayer online games, for $25.6 million. Sellers include Hercules Capital. http://bit.ly/2uqm0vO
• Persol Holdings (Tokyo: 2181) has offered to acquire Australian staffing company Programmed Maintenance Services (ASX: PRG) for A$778 million. http://reut.rs/2tQlHsm
• Boyne Capital Partners, a Miami-based lower middle-market private equity firm, has closed a new fund with $126 million in capital commitments. www.boynecapital.com
• Saw Mill Capital, a Briarcliff Manor, N.Y.-based middle-market private equity firm, has closed its second fund with $340 million in capital commitments. www.sawmillcapital.com
• Star Capital Partners, a European private equity firm, has raised €800 million for its fourth fund. http://on.ft.com/2tTkgbi
• Union Capital, a lower middle-market private equity firm with offices in Connecticut and Chicago, has closed its second fund with $200 million in capital commitments. www.unioncapitalcorp.com
• Daniel Garant has stepped down as EVP and chief investment officer at the Canadian Public Sector Pension Investment Board. No word yet on his future plans. http://bit.ly/2ulZ4wX
⛽ Geraldine Murphy (ex-Standard Chartered) has joined Tudor Pickering Holt & Co., a unit of Perella Weinberg Partners, as a managing director focused on the energy sector. https://bloom.bg/2sWws9L