Gynesonics Inc., a Redwood City, Calif.-based developer of a minimally-invasive device to treat uterine fibroid tumors, has raised $16.5 million in Series B funding. Advanced Technology Ventures led the deal, and was joined by InterWest Partners and Abingworth Management. www.gynesonics.com
MarketClusters Ltd., a London-based provider of market intelligence solutions, has raised $3 million in new VC funding led by NewMedia Spark. www.marketclusters.com
Halyard Capital has agreed to sell Dallas-based community newspaper publisher American Consolidated Media to Macquarie Media Group for $80 million. www.halyard.com
Zing Systems Inc., a Mountain View, Calif.-based developer of a mobile entertainment platform, has secured $12.5 million of a $13.41 million third-round funding, according to a regulatory filing. IDG Ventures Boston was joined by return backer Redpoint Ventures. www.zing.net
Silver Lake Partners has held a $3.5 billion first close on its third fund, according to a regulatory filing. The vehicle is being marketed with a $10 billion cap, with Merrill Lynch serving as placement agent. www.silverlake.com
Day4 Energy Inc., a Burnaby, British Columbia-based photovoltaic panel developer, has raised Cdn$11 million in new VC funding. No additional information was disclosed, although VentureWire reports that the deal was led by Goodwood Capital Fund. GMP Securities served as placement agent. www.day4energy.com
Sermo, a Cambridge, Mass.-based online community created for physicians, has raised $9.5 million in Series B funding. SoftBank Capital led the deal and was joined by return backer Longworth Venture Partners. www.sermo.com
Loadstar Sensors Inc., a Mountain View, Calif.-based maker of capacitive load sensors, has raised $7 million in Series B funding. AIG SunAmerica Ventures led the deal, and was joined by Dali Hook Partners and Needham Capital Partners. www.loadstarsensors.com
Ciclon Semiconductor Device Corp., a Bethlehem, Pa.-based developer of high-frequency power semiconductor solutions, has secured $6.05 million of a $14.05 million Series B round, according to a regulatory filing. Return backers include TL Ventures and Venrock Associates.
Procore Technologies, a Santa Barbara, Calif.-based provider of an online tool for construction project management, has raised $4 million in Series B funding led by Great Pacific Capital. www.procore.com