Tech Company Financing Transactions
LensAR Funding Round
On 3/12/2012, LensAR raised $24 million in funding from Aisling Capital and Florida Growth Fund.
Transaction Overview
Company Name
Announced On
3/12/2012
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Undisclosed
Investors
Aisling Capital (Steven Elms)
Proceeds Purpose
The financing will support first commercial shipments of the LensAR Laser System in the United States, Europe and select markets worldwide. Additionally, the financing will support ongoing research and development activities for the LensAR Laser System in additional clinical applications.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
2800 Discovery Dr.
Orlando, FL 32826
USA
Orlando, FL 32826
USA
Phone
Website
Email Address
Not Recorded
Overview
The LensAR system will not only deliver precise all laser capsulotomies, CCIs and LRIs, but laser fragmentation of the cataract. This approach will significantly reduce, and even eliminate the use of ultrasound power in most cases.
Management Team
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