Exits

Fashions featured on Eloquii Source: Eloquii

Walmart announced its acquisition of plus-sized online retailer, Eloquii, on Tuesday. The companies did not disclose terms of the deal, but a person familiar with the purchase told CNBC it valued Eloquii at roughly $100 million. Eloquii had raised $21 million as of its Series B round in April, from backers including Greycroft Partners, Daher Capital and Female Founders Fund. Enterprise search company Elastic raised $252 million in its IPO, and the stock soared in its market debut on Friday. The company, founded in 2012, commercializes open-source software for search and data analytics and competes with companies like Alphabet, Splunk and Amazon. Benchmark, Index Ventures and New Enterprise Associates are some of its largest backers.

Upwork, an online marketplace connecting freelancers with clients, made its stock market debut Wednesday. The company raised $187 million at a market capitalization of close to $1.5 billion. Upwork, founded in 2014 when Elance and oDesk merged, reported a net loss of $7.2 million on revenue of $107.4 million for the six months ended June 30. Upwork's backers include Benchmark, Sigma Partners and FirstMark.

Start-ups

Cybersecurity company Tanium is now worth $6.5 billion after a $200 million funding round. The financing round was led by Wellington Management, Baillie Gifford and Adage Capital. The enterprise security firm counts the U.S. armed forces among its clients, and venture firms Andreessen Horowitz and Citi Ventures among its backers. Online hiring platform ZipRecruiter announced $156 million in new funding on Thursday. The Series B financing was co-led by Wellington Management and IVP. The company, launched in 2010, leverages artificial intelligence to connect hiring managers with qualified candidates. ZipRecruiter has raised $219 million in total funding and grown its workforce to nearly 1,000 in the past four years.

A farmer in a field of cannabis plants. Mohamed Azakir | Reuters

Funds and firms