Boston Tech Deals: TripAdvisor, PTC, Karmaloop, Intigua

Here are a handful of tech-industry financing and acquisition deals that went down this week, from travel and industrial software to IT and e-commerce:

—TripAdvisor, the Newton, MA-based online travel site conglomerate, is making another acquisition. TripAdvisor says it’s spending about $200 million, mostly in cash, for online travel-booking company Viator. TripAdvisor says San Francisco-based Viator’s more than 250 employees will stay on the payroll. The deal is TripAdvisor’s fourth acquisition this year.

—PTC, a Needham, MA-based industrial software company, is acquiring a smaller company that specializes in software for Web-connected devices. PTC (NASDAQ: [[ticker:PTC]]) says it is spending about $170 million in cash for Foxboro, MA-based Axeda. Axeda, which says it has more than 150 customers, was backed by investors including JMI Equity, Wipro Ltd., and Mitsui & Co.

—Karmaloop, a Boston-based online clothing retailer, has raised $13 million in debt financing from Chicago-based CapX Partners. Karmaloop CEO Greg Selkoe tells the Boston Business Journal that the company collected about $160 million in top-line revenue last year, and will be focused on increasing its profitability.

—Intigua, a Newton, MA-based cloud computing software company, has raised a $10 million Series B round led by Intel Capital. The new cash brings the total venture investment in Intigua to $21 million. Previous investors Bessemer Venture Partners and Cedar Fund also provided some of the new funding.

Author: Curt Woodward

Curt covered technology and innovation in the Boston area for Xconomy. He previously worked in Xconomy’s Seattle bureau and continued some coverage of Seattle-area tech companies, including Amazon and Microsoft. Curt joined Xconomy in February 2011 after nearly nine years with The Associated Press, the world's largest news organization. He worked in three states and covered a wide variety of beats for the AP, including business, law, politics, government, and general mayhem. A native Washingtonian, Curt earned a bachelor's degree in journalism from Western Washington University in Bellingham, WA. As a past president of the state's Capitol Correspondents Association, he led efforts to expand statehouse press credentialing to online news outlets for the first time.