Intarcia Therapeutics Inc., a Hayward, Calif.-based developer of drug therapies for diseases that require long-term chronic treatment, has secured $160 million in new VC funding. It also added $50 million from a private debt placement. The Baupost Group, LLC, Farallon Capital Management were joined by return backers New Enterprise Associates, New Leaf Venture Partners and Venrock, www.intarcia.com
Zulily, a Seattle-based flash sales site for kids and moms, has raised $85 million in new VC funding led by Andreessen Horowitz. Read more.
OptiMedica Corp., a Sunnyvale, Calif.-based developer of a laser system for cataract surgery, has raised $35 million in growth equity funding. Return backers included Kleiner Perkins Caufield & Byers, Alloy Ventures, DAG Ventures, BlackRock Private Equity Partners and Bio*One Capital. www.optimedica.com
Innovent Biologics Inc., a Chinese developer of monoclonal antibodies, has raised $25 million in Series B funding. Lilly Asia Ventures led the round, and was joined by return backers Fidelity Biosciences and Fidelity Growth Partners Asia. www.innoventbio.com
Activate Networks Inc., a Newton, Mass.-based provider of network analytics for business, has raised $10 million in Series B funding. Reed Elsevier Ventures led the round, and was joined by Premier Healthcare Alliance and return backer Excel Venture Management. www.activatenetworks.net
Spindle Labs Inc., a social content discovery app, has raised $2.3 million in VC funding from Polaris Venture Parnters, Greylock Partners, Lerer Ventures, SV Angel, Atlas Venture, Broad Beach Ventures, Project 11, Ray Ozzie and Raman Narayanan. www.spindle.com
Cignifi, a Cambridge, Mass.-based provider of mobile financial products to the global unbanked, has raised an undisclosed amount of Series A funding led by Omidyar Network. www.cignifi.com
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