The cloud security platform developer, valued at more than $1bn, is eyeing an offering that will take place after 2019 and give NTT a chance to exit.

The SoftBank, NEC, Salesforce, Mitsui, NGK Spark Plug and Dentsu-backed IoT orchestration software provider is reportedly seeking a valuation higher than $270m in the offering.

Mahindra & Mahindra has agreed to buy a 55% stake in BCC-backed Meru Cabs for $14.5m, in a deal that could reach more than $28m in total.

AstraZeneca spinoff Viela has raised nearly $390m in funding and has filed for an initial public offering that would also allow 6 Dimensions Capital to exit.

Customer marketing platform developer CloudCherry has agreed to an acquisition by Cisco that will follow $16m in funding from backers including Cisco Investments.

The Citi Ventures-backed contractor management and payment processing platform has been bought by EverCommerce for an undisclosed amount.

Online warddrobe platform Finery has been acquired for an undisclosed amount by Stitch Fix, allowing Farfetch and BBG Ventures to exit.

Ebates-backed brand customer review portal Influenster has been bought for an undisclosed amount by Marlin Equity Partners and will be merged with marketing software producer Bazaarvoice.

Qualcomm Ventures has exited software development testing service Bitbar Technologies in an acquisition by SmartBear Software.

Toy electronics kit provider LittleBits had raised $59m from investors including O'Reilly Media, and will become part of Sphero's smart toy product lineup.