Tech Company Financing Transactions
Transcend Medical Funding Round
On 4/2/2014, Transcend Medical raised $22 million in Series C funding from private investors.
Transaction Overview
Company Name
Announced On
4/2/2014
Transaction Type
Venture Equity
Amount
$22,000,000
Round
Series C
Investors
Proceeds Purpose
The funds will support completion of the US-based, randomized, controlled COMPASS pivotal trial evaluating the CyPass® Micro-Stent, a next-generation, micro-invasive glaucoma implant, in the largest enrolled glaucoma surgery study to date.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
127 Independence Dr.
Menlo Park, CA 94025
USA
Menlo Park, CA 94025
USA
Phone
Website
Email Address
Overview
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.
Management Team
Title
Name
Email & Social
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