Clarus Ventures, a Cambridge, MA-based venture fund, has invested $17 million in the surgical hydrogel developer Neomend, as part of the Irvine, CA-based company’s $30 million Series D funding round. Neomend, which develops its hydrogels to seal surgical wounds, also attracted investments in the round from Novo Ventures, Prospect Venture Partners, Sanderling Ventures, and Vivo Ventures, according to the company’s press release.
Author: Ryan McBride
Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News.
Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.
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