Microbia Inc., a Cambridge, Mass.-based antibacterial drug company focused on gastrointestinal disorders, has raised $50 million in Series F funding. Ridgeback Capital led the deal, and was joined by Morgan Stanley and return backers like Fidelity Biosciences, Polaris Venture Partners and Venrock Associates. The company has raised over $200 million in total VC funding since […]
DriveCam Inc., a San Diego-based driver risk management company, has raised $28 million in Series C funding. Insight Venture Partners led the deal, and was joined by return backers Menlo Ventures and JMI Equity. www.drivecam.com
Cryptek Inc., a Sterling, Va.-based provider of network security solutions, has raised $7 million in Series C funding. Return backers include Angelo Gordon & Co. and Walden International. www.cryptek.com
PharmaCell BV, a Dutch operator of a cell therapy cell production, has raised Euro 2 million in a combined equity and loan financing. Limburg Ventures led the equity tranche, and was joined by Mercurius Beleggingsmaatschappij and the Maastricht University Hospital. www.pharmacell.nl
BIDS Trading, a New York-based alternative trading system startup for the equity block trading market, has raised an undisclosed amount of funding from Bank of America, Bear Stearns, Credit Suisse, Deutsche Bank, JPMorgan and Knight Capital Group.
Citysearch, an operating unit of IAC (Nasdaq: IACI), has agreed to acquire Insider Pages, a Redwood City, Calif.-based provider of reviews-based local search solutions. No financial terms were disclosed. Insider Pages has raised VC funding from Sequoia Capital and Idealab. www.citysearch.com www.insiderpages.com
American Fiber Systems Inc. of Rochester, N.Y. has agreed to acquire Idacomm, a fiber facilities-based competitive metro network provider, from Idacorp (NYSE: ISA). No financial terms were disclosed. AFS has raised around $62 million in VC funding from firms like Sierra Ventures, North Atlantic Capital, Lucent Venture Partners and Hudson River Capital. www.americanfibersystems.com
Advent International is putting the UK arm of NUKEM up for sale, according to AFX News. Advent bought the nuclear decommissioning group last year from RWE AG. www.adventinternational.com
Bridgepoint has sold WT Foods, a UK-based ethnic and speciality foods supplier, to GraceKennedy Ltd. for an undisclosed amount. www.bridgepoint.eu
Powertech Technology Inc., a listed Taiwanese memory chip testing and packaging company, reportedly has raised $65 million from Intel Capital. The deal is part of a NT$3.5 billion convertible bond offering that Powertech priced in the middle of February.