Swedish PE firm EQT plans to acquire New Jersey-based Billtrust, which offers tools for businesses to manage billing, for $1.7B in cash (Kyle Wiggers/TechCrunch)

Cade Metz / New York Times:
Uber has agreed to pay New Jersey $100M in back taxes after the state said that the company had misclassified its drivers as independent contractors  —  New Jersey demanded back taxes from the ride-hailing company, claiming it misclassified drivers as independent contractors.

Kyle Wiggers / TechCrunch:
OneSignal, which helps businesses automate SMS, in-app, and email campaigns, raised a $50M Series C led by BAM Elevate, bringing its total funding to $80M  —  OneSignal, a platform that powers notifications for mobile apps and more, today announced that it raised $50 million in a Series C round led …

Kyle Wiggers / TechCrunch:
Banyan, whose network of item-level purchase data helps customers automate expense management, has raised a $43M Series A, $28M in equity and $15M in debt  —  Banyan, a platform for product purchase data that allows customers such as banks, fintechs, hotels and merchants to automate expense management …

Kyle Wiggers / TechCrunch:
New York City-based Knoetic, which provides analytics tools to HR departments, has raised a $36M Series B led by EQT Ventures  —  In the last decade, so-called chief people officers (CPO) have seen a dramatic expansion of their day-to-day responsibilities.  The role has evolved …

Danny Nelson / CoinDesk:
Huobi, a top-10 crypto exchange by trading volume, has agreed to be acquired by Hong Kong-based About Capital; terms of the deal were not disclosed  —  The terms of the deal were not disclosed.  —  Crypto exchange Huobi Global, one of the biggest token trading outposts in the Asia markets …

Rafaela Lindeberg / Bloomberg:
Swedish last-mile delivery startups Instabox and Budbee plan to merge and create Instabee, valued at ~$1.66B  —  Swedish last-mile delivery operators Instabox AB and Budbee AB plan to merge to create a new company at a valuation of 18 billion kronor ($1.66 billion), according to an emailed statement.