Transcend Medical sees $20M for glaucoma device

Transcend Medical, maker of devices used to treat glaucoma, brought in $20 million of an anticipated $40 million round of equity, reports VentureWire. Based in Menlo Park, Calif., the company brought in $9.4 million in a first round of funding in 2006 from Morgenthaler Ventures, Split Rock Partners and Versant Ventures.

Next Story: Microsoft shows off motion-sensing game control, Project Natal
Previous Story: Facebook, Twitter, Last.fm coming to Xbox Live this fall

Bookmark and Share

Tags: , , ,

Photo of Camille Ricketts

About the Author, Camille Ricketts

Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.

With GreenBeat 2009, VentureBeat's all-star conference on all things Smart Grid, coming up in November, Camille will be expanding coverage of this exciting space. Stay up to date by following @greenbeat2009 on Twitter or by becoming a fan of the event on Facebook here.