SoftBank contributed to a $700m round for sports memorablia retailer Fanatics while Drata, ShopBack and First Mode each notched up $200m.

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Funds

France-headquartered venture capital firm Iris Capital reached a €110m ($115m) first close for its Iris Venture IV fund, raising cash from limited partners including telecommunications firm Orange and public relations firm Publicis. Iris has set a €150m target for its final close.

M&A

Public sector-focused cloud software provider GTY Technology Holdings paid an undisclosed amount to acquire US-based public sector bidding…

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