Transcend Medical Garners $35,000,000 Series B Round

  • Feed Type
  • Date
    6/5/2009
  • Company Name
    Transcend Medical
  • Mailing Address
    191 Jefferson Drive Menlo Park, CA 94025
  • Company Description
    Transcend Medical, Inc.™ is focused on the research and development of novel devices for the treatment of glaucoma, the leading cause of adult irreversible blindness. Over two million people in the U.S. alone are afflicted with the disease today and the numbers are expected to grow to three million by the year 2020. The Transcend Medical approach is focused on replacing the current therapies for the treatment of glaucoma with a less invasive procedure and minimal complications.
  • Website
    http://www.transcendmedical.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $35,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    HLM Venture Partners
  • Venture Investor
    Canaan Partners
  • Venture Investor
    Latterell Venture Partners
  • Venture Investor
    Technology Partners
  • Venture Investor
    Morgenthaler Ventures
  • Venture Investor
    Split Rock Partners